Boyd's Online Margins Boosted by Digital Casino Strength
Dow Jones10-23
Boyd Gaming's Online segment continued to grow in the third quarter, with double-digit Adjusted Ebitdar expansion driven by continued strength in the company's online casino gaming business. The Managed & Other segment also contributed to the gains, reflecting increased management fees from Sky River following its recently completed expansion. Total third-quarter revenues came in at $990.5 million, down from $1.0 billion a year earlier. Adjusted Ebitdar was $319.6 million, compared with $321.8 million in the prior-year period.
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