Boyd Gaming Corp

• Online Poker Now Legal: Who Wins?

  By Margie Nemcick-Cruz - May 9, 2013 | Tickers: BYD, FB, MGM

  The first legal online poker room has opened in the United States, and this is excellent news for casinos, but perhaps the biggest winner in all this will be Facebook (NASDAQ: FB).

  According to the above CNBC article, Station Casinos recently went live with UltimatePoker.com. “UlimatePoker.com will operate under a 30-day license, said A.G. Burnett, chairman of the Nevada Gaming Control Board, while the site works out more »

• If the House Always Wins, Zynga Could Hit the Jackpot

  By Diane Alter - April 18, 2013 | Tickers: BYD, SHFL, ZNGA

  Social media gamer Zynga (NASDAQ: ZNGA) saw shares soar nearly 15% after the company debuted two new gambling websites.

  Zynga Plus Casino and Zynga Plus Poker, the first real-money gaming sites from the company, were launched April 3 in the United Kingdom only. But the buzz spanned the Atlantic and investors raked in gains.

  While new to Zynga and shareholders, the sites aren’t really all that new to Brits more »

• If the House Always Wins, Zynga Could Hit the Jackpot

  By Diane Alter - April 6, 2013 | Tickers: BYD, SHFL, ZNGA

  Social media gamer Zynga (Nasdaq: ZNGA) saw shares soar nearly 15% after the company debuted two new gambling websites.

  Zynga Plus Casino and Zynga Plus Poker, the first real-money gaming sites from the company, were launched April 3 in the United Kingdom only. But the buzz spanned the Atlantic and investors raked in gains.

  While new to Zynga and shareholders, the sites aren’t really all that new to Brits more »

• If the House Always Wins, Zynga Could Hit the Jackpot

  By Diane Alter - April 6, 2013 | Tickers: BYD, SHFL, ZNGA

  Social media gamer Zynga (NASDAQ: ZNGA) saw shares soar nearly 15% after the company debuted two new gambling websites.

  Zynga Plus Casino and Zynga Plus Poker, the first real-money gaming sites from the company, were launched April 3 in the United Kingdom only. But the buzz spanned the Atlantic and investors raked in gains.

  While new to Zynga and shareholders, the sites aren’t really all that new to Brits more »

• If The House Always Wins, Zynga Could Hit the Jackpot

  By Diane Alter - April 3, 2013 | Tickers: BYD, SHFL, ZNGA

  Social media gamer Zynga Inc. (Nasdaq: ZNGA) saw shares soar nearly 15% after the company debuted two new gambling website.

  Zynga Plus Casino and Zynga Plus Poker, the first real-money gaming sites from the company, were launched April 3 in the United Kingdom only. But the buzz spanned the Atlantic and investors raked in gains.

  While new to Zynga and shareholders, the sites aren’t really all that new to more »

• The Stocks to Know for Online Gambling

  By Salvatore "Sam" Mattera - March 28, 2013 | Tickers: BYD, CZR, IGT, SHFL, ZNGA

  So far, three states have legalized online gambling: Nevada, Delaware and New Jersey. If the trend continues, the Internet could emerge as a major growth area for the industry. Zynga (NASDAQ: ZNGA), Caesars Entertainment (NASDAQ: CZR), Boyd Gaming (NYSE: BYD), SHFL entertainment (NASDAQ: SHFL), and International Game Technology (NYSE: IGT) are all stocks that could benefit from online gambling.

  Zynga is looking to take its online gaming expertise into the more »

• Local Casinos Oppose Zynga's Plans for Online Gambling

  By Marcus Vilkas - March 11, 2013 | Tickers: BYD, CZR, MGM, ZNGA

  Zynga (NASDAQ:ZNGA), the world's leading social game service provider, has lately encountered difficulties in its attempts to make real-money gambling available online. Impediments were brought about by state legislation which legalizes internet betting to benefit local casino operators.

  Shares of Zynga have a market cap of around $2.46 billion, also have around $100 million in total debt and provides $1.28 billion in total cash. During the more »

• Local Casinos Oppose Zynga's Plans for Online Gambling

  By Marcus Vilkas - March 11, 2013 | Tickers: BYD, CZR, MGM, ZNGA

  Zynga Inc. (NASDAQ:ZNGA), the world's leading social game service provider, has lately encountered difficulties in its attempts to make real-money gambling available online. Impediments were brought about by state legislation which legalizes internet betting to benefit local casino operators.
  
  Zynga's Investors are confident that the company will dominate the real-money online betting scene, considering its current success with the world's most widely-played free online poker game more »

• Online gaming: rolling a $10-billion dice

  By Arturo Cuevas - March 4, 2013 | Tickers: BYD, LVS, SHFL

  The stakes are big. That's the primary reason why Nevada Gov. Brian Sandoval immediately signed Bill AB114 this February to legalize online gaming in his state. The measure was earlier passed unanimously by the state’s Assembly and Senate.

  In effect, Nevada has created a potential market of between $4 billion and $10 billion annually by legalizing online gambling, according to Nevada Gaming Commission chairman A.G. Burnett. The more »

• Why Zynga is Overvalued with or without Online Poker

  By Jordan Wathen - March 1, 2013 | Tickers: BYD, CZR, ZNGA

  Let's be frank: Zynga's (NASDAQ: ZNGA) current batch of online gaming properties doesn't justify the company's current market cap. Zynga's gaming franchises are fun and even addicting (who hasn't played too much Words With Friends?) but from an investment standpoint they simply aren't compelling.

  So that leaves us with the enterprise as it exists plus the Zynga Poker option. The company has net-net more »

• David Tepper’s 5 Promising Stock Picks

  By Meena Krishnamsetty - January 9, 2013 | Tickers: BYD, CLMT, JBLU, MWA, LCC

  In the hedge fund world, there aren't many money managers who are as prophetic as David Tepper. Tepper's fund, Appaloosa Management, manages close to $16 billion in assets and returned 25% last year after fees (through Dec. 17th). Clearly, any financial professional that has Carnegie Mellon’s business school named after them by the age of 55 is someone to pay close attention to. Last month, we discussed more »

• Penn National Reinvents the Gaming Sector

  By Josef Ray Dagatan - December 3, 2012 | Tickers: BYD, CZR, PENN, PNK

  Right after Penn National Gaming (NASDAQ: PENN) announced their plans to break up into two public companies, creating the first casino-focused Real Estate Investment Trust (REIT), shares of said company skyrocketed, surging more than 41%. As casino businesses continue their resurgence since 2010, this bold move by Penn National will surely ensure profit for investors in the sector.

  40 years after its first horse racing venue was created in 1971 more »

• Banks Bet Big On Vegas

  By AnnaLisa Kraft - October 25, 2012 | Tickers: BYD, DB, GS, LVS, WYNN

  Are big banks betting big on casinos? Actually, some big banks like Goldman Sachs (NYSE: GS) and Deutsche Bank (NYSE: DB) own casinos. Goldman Sachs owns the Stratosphere through its Whitehall Street Real Estate Funds affiliate. The Stratosphere is the tallest US observation tower and its adjacent hotel features an 80,000 sq. ft. casino. Goldman acquired the tower, along with three other properties for $1.3 billion in 2008 more »

• Is Bally Technologies a Good Stock to Bet On?

  By Meena Krishnamsetty - September 27, 2012 | Tickers: BYI, BYD, IGT, SHFL, WMS

  Bally Technologies Inc. (NYSE: BYI) has found a foolproof way to make money off casinos: sell them gaming devices, solutions, and applications. The company, which was known as Alliance Gaming Corporation from 1994 through 2006, has seen its stock rise 66% over the last year including a 19% gain so far in 2012. Bally’s fiscal year ended in June 2012, with the company reporting a revenue increase of 16 more »

• Activist Hedge Funder Rehan Jaffer's Top Picks

  By Meena Krishnamsetty - September 16, 2012 | Tickers: BYD, ZZ, SIX, GRA

  Rehan Jaffer is an activist investor who founded H Partners Management in 2005 and presently has around $1 billion in assets under management (AUM). Jaffer acquired his taste for activist investing while at Dan Loeb's Third Point, a pioneer activist fund. After his time at Third Point, Jaffer briefly joined River Run Partners in 2004, after which he went on to found H Partners. In the book Hedge Hunters more »

• Tough Times Lie Ahead for Casinos

  By Margie Nemcick-Cruz - July 31, 2012 | Tickers: BYD, CZR, LVS, MGM, WYNN |

  I’m not exactly sure why people drive for hours to get to a casino. To me it represents a concerted, motivated effort for people to give away their hard earned money to commercial syndicates.  And as casinos sprout up just across state lines in Pennsylvania, and slot parlors in New York, gamblers in New Jersey seem to be asking themselves the same question.

  All New Jersey’s casinos are more »

• MGM Resorts Debt Load Could Crush The Company

  By Robert Fisher - January 14, 2012 | Tickers: BYD, LVS, MGM, PENN

  With MGM Resorts (NYSE: MGM) down nearly 90% from its pre-crisis highs, I decided to take a closer look into the company to see if it is now an attractive opportunity. Here are seven points I looked at while researching MGM:

  Valuation: MGM’s trailing 5-year valuation metrics suggest that the stock is undervalued as all the metrics are in the lower end of their 5 year ranges. MGM’s more »