Patrick Kee's questions to Boyd Gaming Corp (BYD) leadership • Q3 2024
Question
Patrick Kee, on behalf of Barry Jonas, asked about the strategy behind the Resorts Digital acquisition, Boyd's broader positioning in the interactive gaming space, and whether the company is exploring further organic expansion opportunities beyond its current projects.
Answer
President and CEO Keith Smith explained that the Resorts Digital acquisition is a small, complementary step in their regional iGaming strategy, aimed at building a profitable business and positioning the company for future state legalizations. He affirmed that while the company has a full plate, its strong balance sheet allows it to remain open to other disciplined growth opportunities, including potential projects at properties like Par-A-Dice in Illinois.