Seeking Alpha

Mark Thomas  

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  • Boyd Gaming Still Has Potential Upside [View article]
    The Boyd family doesn't follow the snake oil of the day that Wall Street sells like leveraged buyouts did to CZR and STN in 2007. REIT conversion is the new financial engineering and PENN is going forward but I doubt BYD would even consider.
    May 28, 2013. 06:23 PM | Likes Like |Link to Comment
  • Boyd Gaming Still Has Potential Upside [View article]
    MGM lost their right to 50% in Borgata. They are currently reapplying and will probably regain their 50% stake. Boyd Gaming's financials reflect 100% ownership so technically I'm correct. I should have noted the rest of the story but it is a confusing subject and Seeking Alpha made me revise article four times which is just ridiculous.
    May 28, 2013. 04:21 PM | 1 Like Like |Link to Comment
  • Boyd Gaming: A Turnaround Story [View article]
    Good comments.

    It probably isnt an edge but two thrids of revenue is from midwest and atlantic city, not Las Vegas.

    Las Vegas is very important to return to higher profitability. If you listen to call, these guys sound fairly positive for the first time in three years, that is my edge along with the way I know Locals Vegas business works. More visitors, more conventions, higher spend per visitor equals better off strip business.

    The second thing is Vegas and the nation are finally creating some jobs again that has been missing for years.

    For this kind of idea plus many more on a regular basis sign up for a tril of my newsletter at
    May 8, 2011. 04:04 PM | Likes Like |Link to Comment
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