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Boyd Q1 hit by $3.2m loss from NJ online gaming operations

1st May 2014 8:20 am GMT

US casino operator Boyd Gaming generated net revenue of $7.7m from its New Jersey real-money online gaming operations during the first quarter of 2014, although the company posted a £3.2m loss from the newly launched business due primarily to one-off non-recurring expenses.

The growth in online gaming helped revenue from the Borgata, Boyd’s 50 per cent joint venture, increase by 1 per cent to $167.3m during the quarter.

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