Boyd Gaming s full year 2021 revenue surpasses pre-pandemic levels

Boyd Gaming generated $3

Boyd Gaming generated $3.4bn in revenue for 2021, exceptional pre-pandemic levels after a falling off in 2020.

The Las Vegas-based gambling casino company’s revenue returned to ontogenesis inwards 2021, upwardly 3% from 2019 when it generated around $3.3bn.

After beingness guinea pig to state-mandated closures in the first half of 2020, Boyd’s revenues experienced a resurgence inward 2021.

Its financial carrying out steadily improved over the course of the twelvemonth to remainder on a luxuriously point. For the 4th billet of 2021, the company’s revenue was up 5.6% from the same period inwards 2019, and 38% higher than for Q4 2020.

Its carrying into action for this full stop was impelled by a strong public presentation from its properties inwards the midwestern United States and South.

These regions generated more than half of the company’s revenue for the fourth quarter, producing $590m out of nearly $880m in total.

Keith Smith, President and CEO of Boyd Gaming, remarked on his company’s public presentation for the full-year 2021, and looked frontwards to 2022.

“Our company ruined 2021 with track record quarterly performances crossways every section of our operations. For the fourth unbent quarter, we countersink new records for company-wide EBITDAR and operating margins,” said Smith.

“And on a full-year basis, we surpassed our previous EBITDAR record by to a greater extent than 50%, as we achieved company-wide operating margins of more than 40%.

“As we start 2022, we remain focused on executing our proven operating strategy, as comfortably as driving incremental maturation through and through strategic reinvestments inward our portfolio and the continued expansion of our online business.”