Boyd Gaming Corp

BYD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$67.28	Syxwpf	—

Las Vegas Strip, Atlantic City Casinos Continue Declines

, Peter Wahlstrom

Apr 12, 2011

Las Vegas Strip gaming revenue tumbled 9.6% in February, and Atlantic City gaming revenue fell 6.7% in March. While we were not surprised by the magnitude of the decline in Atlantic City, which has been on a downward trajectory for several years, we were slightly surprised by the steep decline in Las Vegas, which has now reported lower gaming revenue for four consecutive months.

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