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Boyd Gaming earnings increase for 7th consecutive quarter in Q1

27th April 2016 12:33 pm GMT

US casino operator Boyd Gaming has reported a marginal increase in net revenue to $552.4m for the first three months of 2016, with adjusted EBITDA growing for the seventh consecutive quarter.

The company benefited from growth in its Las Vegas operations, which were strengthened this week with two acquisitions to buy three properties, and a strong performance from New Jersey's Borgata Hotel Casino & Spa. Total adjusted EBITDA for the quarter rose 7.5 per cent to $160.4m.

"Our company [...]

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