During third-quarter 2019, the company partnered with FanDuel Group and opened sportsbooks at Blue Chip, Belterra Resort, Diamond Jo Dubuque and Diamond Jo Worth properties in the Midwest. Factors Driving Growthīoyd Gaming continues to gain from sports-betting expansions. Let us discuss the factors highlighting why investors should retain the stock for the time being. However, coronavirus-induced uncertainties and higher costs are a concern. So far this year, shares of Boyd Gaming have gained 42.2% against the industry’s decline of 2%. This along with a focus on the interactive gaming platform and strengthening current operations (through capital investment and other strategic measures) bodes well. Boyd Gaming Corporation BYD is likely to benefit from the expansion of online betting offerings and the FanDuel partnership.
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