DALLAS, Nov. 12, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Boyd
Gaming Corporation (NYSE:BYD). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Boyd
Gaming Corporation (NYSE:BYD) should be of particular interest to
resort/casino operators: Las Vegas Sands Corp. (NYSE:LVS), MGM Mirage (NYSE:MGM), Penn National
Gaming Inc. (Nasdaq: PENN) and Wynn
Resorts Ltd. (Nasdaq:WYNN).
It is available at:
http://www.beaconequity.com/i/BYD
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Boyd
Gaming Corporation (BYD) is a multi-jurisdictional
gaming company. As of December 31, 2008, the Company wholly owned and operated 15 casino entertainment facilities located in Nevada, Mississippi, Illinois, Louisiana and Indiana. In addition, it owns and operates a pari-mutuel jai alai facility located in Dania Beach, Florida, two travel agencies, and an insurance company that underwrites travel-related insurance. Its new
hotel at Blue Chip Casino,
Hotel & Spa opened January 22, 2009.
In the report, the analyst notes:
"In January 2009, BYD completed an expansion of Blue Chip, located east of Chicago in Michigan City, Indiana. This project's 300-room tower addition substantially upgraded its
hotel offerings, while the addition of two new restaurants, a luxury spa and expanded events and meeting space transitioned Blue Chip from a daytrip casino to a regional
resort destination.
"The cornerstone of BYD's long-term growth strategy is Echelon, its future
resort development on the Las Vegas Strip. Although this project has been delayed due to credit and economic conditions, creating a meaningful presence on the Las Vegas Strip remains a key component of the Company's future growth strategy."
To read the entire report visit:
http://www.beaconequity.com/i/BYD
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