- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Boyd Gaming Reports Increase in Online Revenue despite Overall Dip in Q1
Releasing its first quarter results, the company reported year-over-year decrease in its total revenue, a result which was partially offset by an increase in its online revenue for the period

The leading gaming and hospitality company, Boyd Gaming, announced its latest unaudited financial report uncovering details regarding its performance for the first quarter of 2024. The report first emerged on Thursday, uncovering strong results despite some challenges encountered in the first quarter.
For the first quarter of this year, Boyd Gaming reported $960.5 million in revenue, a result that marked a slight decrease year-over-year when compared to the $964.0 million figure posted in Q1 last year. The company’s net income for Q1 this year halted at $136.5 million or $1.40 per share, marking yet another decrease in comparison to the Q1 net income of $199.7 million or $1.93 per share.
Not unexpectedly, the total adjusted EBITDAR for the first quarter this year also dipped slightly. In Q1 2023, Boyd Gaming reported $367.1 million in total adjusted EBITDAR, a result that decreased to $330.5 million in Q1 this year. While adjusted earnings for Q1 in 2023 soared to $177.4 million, for the same period this year, the result decreased to $147.3 million.
A breakdown of the $960.5 million in revenue reveals a decrease in the company’s gaming revenues year-over-year. While for Q1 in 2023, Boyd Gaming’s revenues from gaming jumped to $664.3 million, this year, the result halted at $634.1 million.
On the bright side, the revenue posted from the company’s food and beverage and room segments remained on par year-over-year at $72.6 million and $48.9 million respectively.
A notable increase was observed in Boyd Gaming’s online revenue which soared to $146.2 million from $122.9 million for the same period in 2023. Management fees and other revenue were also on par for the first quarter of 2024 when compared to the same period last year.
The Company’s CEO Remains Optimistic
Keith Smith, Boyd Gaming’s CEO and president, commented on the topic, revealing that the first quarter results come after record figures posted by the company in 2023. He said that despite some challenges, related to “increased competitive pressures in the Las Vegas Locals market,” as well as severe weather in the Midwest and South, the company remained focused on its objectives.
“Looking ahead, we remain confident in our ability to successfully navigate the current environment and deliver value to our shareholders.“
Keith Smith, president and CEO of Boyd Gaming
Smith added that Boyd Gaming continued to execute its marketing and operating strategies, allowing it to “maintain strong operating margins.” Finally, he said that the company remains confident in its ability to successfully continue growing while also delivering value to its shareholders.
Related Topics:
Jerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Must Read
Business
September 8, 2025
MIXI Australia Achieves Majority Stake in PointsBet
Business
September 11, 2025
Caesars’ Online Business Could Be Worth More Than Parent Company
Business
September 10, 2025
Jefferies, Confident About DraftKings Amid In-Play Betting Surge
More Articles
Casino
September 15, 2025
No Changes to Norway’s Gambling in Wake of General Election Expected
Sports
September 15, 2025
Massachusetts Sues Kalshi Over Alleged Unlawful Sports Betting
Industry
September 15, 2025
Curaçao Regulator Takes BC.Game License Revocation Off Public List
Casino
September 15, 2025
The Boring Company Suffers Setback After Worker Injured During Operations
Industry
September 15, 2025
Lawmakers Try Again to End Federal Sports Betting Tax
Business
September 12, 2025
Webis Holdings Forms Strategic Partnership with XST Capital Group
Lottery
September 12, 2025
Jersey 5 Mints 48th Winner for the Year as Player Grabs $1M
Sports
September 12, 2025
NCAA Investigating 13 More College Players for Betting Violations
Industry
September 12, 2025
California Continues to Advance AB 831, SGLA Expresses Frustration