Boyd Gaming revenue rises in Q1
The company’s revenue totalled $997.4m, an increase from $991.6m reported in the same period in 2025.
US.- Boyd Gaming Corporation has reported financial results for the first quarter ended March 31. The company’s revenue totalled $997.4m, up from $991.6m in the same period in 2025.
According to the report, net income was $105.5m, down from $111.4m, and adjusted EBITDAR was $317.4m, down from $337.5m. The company’s Midwest & South segment reported year-over-year revenue and adjusted EBITDAR growth, with favourable comparisons due to last year’s severe winter weather and contributions from the recent property investments.
The Las Vegas Locals segment was impacted by continued softness in destination business and by construction disruption from the ongoing renovations at Suncoast. The online segment generated continued growth from the online casino gaming business, as well as contributions from third-party market access agreements consistent with the second half of 2025. Revenue and adjusted EBITDAR growth in Managed & Other were driven by continued increases in management fees from Sky River Casino in northern California.
Keith Smith, president and chief executive officer of Boyd Gaming, said: “Our first-quarter results reflect the benefits of our diversified business, our successful focus on operating efficiencies and our ongoing capital investment programme. On a property-level basis, we achieved year-over-year revenue and adjusted EBITDAR growth, as property margins once again exceeded 39%. These results were supported by continued growth in play from both core and retail customers on a companywide basis, driven by broad-based strength in our Midwest & South segment.
“Looking ahead, we believe that our strong balance sheet, diversified portfolio, balanced approach to capital allocation and experienced management team all position us well to continue creating long-term value for our shareholders.”
The company recently opened Cadence Crossing in Henderson, Nevada. The property is located next to the Jokers Wild Casino off Boulder Highway and Warm Springs Road. It has over 450 slot machines.
