Boyd Gaming, based in the US state of Nevada, has reported increases in revenue for the first quarter of 2017.
In the Las Vegas Locals segment, first-quarter 2017 net revenues were $219.8m, up from $158.4m in the previous year. Adjusted EBITDA for Q1 2017 rose to $66.2m, compared with $44.3m in 2016.
In the Downtown Las Vegas segment, net revenues were $60.7m in the first quarter of 2017, increasing from $58.6m.
In the Midwest and South segment, net revenues were $324.8m, compared to $335.4m in the first quarter of 2016. Adjusted EBITDA was $94.1m, versus $95.9m.
Keith Smith, president and chief executive officer of Boyd Gaming, said: “Positive trends continued throughout our operations during the first quarter. Every segment of our business recorded year-over-year margin improvements, as the large majority of our properties posted year-over-year adjusted EBITDA growth. We were particularly encouraged by broad-based strength in our Las Vegas Locals segment, as all nine Locals properties achieved year-over-year EBITDA gains - including strong performances at our three recently acquired properties.”
