There was somewhat of a slowdown towards the end of December and the beginning of January due to the rapid spread of the omicron variant of COVID-19. The company is very optimistic about the potential for continued strong growth in 2022.

During the fourth quarter of 2021, 24 of Boyd’s 27 US properties had double-digit revenue growth. A strong year for Boyd Gamingīoyd Gaming generated record revenue of $3.4bn last year, with adjusted earnings of $1.4bn. According to the CEO, downtown Las Vegas is a popular destination for value seekers, a factor from which Boyd’s three properties in the vicinity have benefitted. Smith also noted how the recently opened Circa Las Vegas resort has attracted more people to the downtown area. This side of the business slowed during the pandemic due to restrictions on travel but is now starting to recover, according to Boyd.ĭowntown Las Vegas is a popular destination for value seekers The Fremont gets a particularly large number of visitors from Hawaii. Downtown Vegas thrivingĬommenting on the prospects for the $50m Fremont renovation, Boyd CEO and president Keith Smith, said: “Based on the demand we’re already seeing at the Fremont, we expect to see excellent returns from this investment following its completion in early 2023.” Boyd Gaming had mulled an expansion to the property prior to the pandemic, with talk of a new tower featuring 509 hotel rooms. The Fremont Hotel and Casino has always been a popular destination in downtown Las Vegas. This will see the removal of a previous buffet area, as well as renovations to the gaming space. There will also be an enhancement and expansion of the casino floor. Much of the renovations will relate to the upgrading of food and beverage areas at the property. The renovation of the Fremont Hotel and Casino is part of a wider plan to spend $250m on capital projects this year.Įnhancement and expansion of the casino floor Boyd Gaming has begun a $50m renovation of its Fremont Hotel and Casino in downtown Las Vegas.Įxecutives of the casino company announced the project on Thursday during a fourth-quarter earnings release.

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