Boyd Gaming’s third-quarter 2023 revenue grew 3% thanks to iGaming

Boyd Gaming Corporation has released its financial results for the period July through September 2023. The Nevada-based company, which operates a gaming and hospitality business, reported $903.2 million (84.1 billion rubles) in total revenue. That’s up 3% from a year earlier.

The main factor behind the growth in figures was online entertainment. Although total gaming revenue for the year fell 4% to $641.2 million (59.7 billion rubles), the company seeWe’re not talking about ROI, but it’s a long-term play. We see it as an important part of the long range strategy; it’s important to have both an online business and a strong land-based business to compete effectively.

While revenues have increased in the iGaming sector, costs have also risen. Spending on online services rose 73.4% to $79.4 million (RUB 7.4 billion) as the company continues to grow this business. Total expenses across all categories of Boyd Gaming’s business amounted to $685.3 million (RUB 52.9 billion), up 7.1%.

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