Boyd Gaming Opens New Casino in Las Vegas Area After 20 Years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy BYD?
Source: seekingalpha
- New Casino Opening: Boyd Gaming opened Cadence Crossing in Henderson on March 25, marking the first new casino in the Las Vegas area in over 20 years, aimed at serving local residents and enhancing the company's market position in Southern Nevada.
- Market Positioning: Cadence Crossing replaces the long-standing Joker's Wild casino, reflecting Boyd's strategy of refreshing its local market presence to adapt to residential growth, with expectations of delivering strong returns on investment.
- Future Development Potential: CEO Keith Smith stated that significant land remains available around Cadence Crossing for future development, providing opportunities to expand the property to meet growing demand and further solidifying the company's market position.
- Stock Performance: While Boyd Gaming's shares have remained relatively flat for 2026, they are over 20% higher than a year ago, indicating confidence in the company's continued growth in core customer base and major property investments.
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Analyst Views on BYD
Wall Street analysts forecast BYD stock price to rise
11 Analyst Rating
4 Buy
7 Hold
0 Sell
Moderate Buy
Current: 82.940
Low
84.00
Averages
93.70
High
110.00
Current: 82.940
Low
84.00
Averages
93.70
High
110.00
About BYD
Boyd Gaming Corporation is a gaming company. The Company operates over 27 brick-and-mortar gaming entertainment properties. It owns and operates Boyd Interactive, a business-to-business (B2B) and business-to-consumer (B2C) online casino gaming business. Its segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos in the Las Vegas metropolitan area. The Downtown Las Vegas segment consists of California Hotel and Casino, Fremont Hotel & Casino, and Main Street Station Hotel and Casino. Its Midwest & South properties consist of five land-based casinos, five dockside riverboat casinos, three racinos and four barge-based casinos that operate in ten states, predominantly in the Midwest and southern United States. The Online segment includes its online gaming technology company that provides proprietary solutions on both a B2B and B2C basis in regulated markets across the United States and Canada.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- New Casino Opening: Boyd Gaming opened Cadence Crossing in Henderson on March 25, marking the first new casino in the Las Vegas area in over 20 years, aimed at serving local residents and enhancing the company's market position in Southern Nevada.
- Market Positioning: Cadence Crossing replaces the long-standing Joker's Wild casino, reflecting Boyd's strategy of refreshing its local market presence to adapt to residential growth, with expectations of delivering strong returns on investment.
- Future Development Potential: CEO Keith Smith stated that significant land remains available around Cadence Crossing for future development, providing opportunities to expand the property to meet growing demand and further solidifying the company's market position.
- Stock Performance: While Boyd Gaming's shares have remained relatively flat for 2026, they are over 20% higher than a year ago, indicating confidence in the company's continued growth in core customer base and major property investments.
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