International Business News - BYD http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Gambling revenue dipped 1.1 percent for the state of Nevada in the month of June as revenue collected by the largest casinos on the Las Vegas Strip fell, according to data released by the Nevada Gaming Control Board on Monday. http://www.ibtimes.com/articles/20080811/nevada-reports-decline-in-june-gambling-revenue.htm Mon, 11 Aug 2008 15:59:34 EDT Fitch Ratings said Thursday it affirmed Boyd Gaming Corp.'s junk-grade "BB-" issuer default rating, following the company's decision last week to halt construction of mega-development Echelon. http://www.ibtimes.com/articles/20080807/fitch-maintains-boyd-gaming-rating.htm Thu, 07 Aug 2008 11:57:00 EDT Morgans Hotel Group Co. said Wednesday that it swung to a loss in the second quarter as some corporate expenses increased, although the boutique hotel operator said international guests boosted revenue per available room results. http://www.ibtimes.com/articles/20080806/morgans-hotel-group-swings-to-2q-loss.htm Wed, 06 Aug 2008 18:20:39 EDT The tightening capital market and weakening gambling industry are leaving clear tracks in Las Vegas, where casino operator Boyd Gaming Corp. announced Friday that it will stop work for nine months to a year on a $4.8 billion mega development. http://www.ibtimes.com/articles/20080801/boyd-gaming-suspends-vegas-casino-resort-project.htm Fri, 01 Aug 2008 18:02:27 EDT Boyd Gaming Corp. forecast third-quarter earnings below Wall Street's expectations in a conference call with investors Friday, after announcing that it plans to delay its $4.8 billion Echelon resort and casino development. http://www.ibtimes.com/articles/20080801/boyd-gaming-forecasts-3q-profit-below-analysts.htm Fri, 01 Aug 2008 16:38:57 EDT Casino operator Boyd Gaming Corp. said Friday its board approved a $100 million increase to its buyback plan to focus on maximizing shareholder value. http://www.ibtimes.com/articles/20080801/boyd-gaming-expands-buyback-by-100-million.htm Fri, 01 Aug 2008 10:23:03 EDT Casino operator Boyd Gaming on Friday reported its second-quarter earnings fell 6.3 percent on sluggish economic conditions that reduced revenue, especially in the Midwest and South, though adjusted earnings beat analysts' consensus estimate. http://www.ibtimes.com/articles/20080801/boyd-gaming-2q-earnings-slip-but-top-estimates.htm Fri, 01 Aug 2008 08:46:40 EDT Analysts expect weakness in both the Las Vegas and Midwest gambling markets to weigh on Boyd Gaming Corp.'s profit when the casino operator reports second-quarter results before the market opens on Friday. http://www.ibtimes.com/articles/20080801/ahead-of-the-bell-boyd-gaming-reports-2q-earnings.htm Fri, 01 Aug 2008 06:16:54 EDT Boyd Gaming Corp. shares dropped on Wednesday after an analyst said the stock was oversold, but cut his second-quarter earnings forecast for the Las Vegas-based casino operator. http://www.ibtimes.com/articles/20080730/boyd-gaming-shares-drop-after-analyst-cuts-outlook.htm Wed, 30 Jul 2008 19:07:15 EDT Moody's Investors Service said Friday it put its ratings for casino operator Boyd Gaming Corp. on review for a possible downgrade. The ratings under review include Las Vegas-based Boyd's "Ba2" corporate family rating and "B1" senior subordinated notes. http://www.ibtimes.com/articles/20080718/moodys-reviews-boyd-gaming-ratings-may-downgrade.htm Fri, 18 Jul 2008 15:19:07 EDT Sirios Capital Management LP on Friday reported owning a 5.2 percent stake in casino operator Boyd Gaming Corp. in a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080711/sirios-capital-reports-boyd-gaming-stake.htm Fri, 11 Jul 2008 08:51:05 EDT Shares of companies that operate casinos sank to new lows Tuesday on reports that the industry is suffering in the wake of the nation's economic downturn. http://www.ibtimes.com/articles/20080701/sector-snap-casino-shares-sink-on-economic-woes.htm Tue, 01 Jul 2008 13:52:36 EDT Standard & Poor's Ratings Services said Thursday it has lowered its outlook on Boyd Gaming Corp.'s ratings to "Negative" from "Stable," citing an expected spike in leverage in 2010. http://www.ibtimes.com/articles/20080626/s-p-reduces-outlook-on-boyd-gamings-ratings.htm Thu, 26 Jun 2008 12:47:12 EDT A 50-year-old carpenter died Monday after falling at the construction site of a casino-resort on the Las Vegas Strip, authorities said. The worker was dismantling scaffolding when he fell about 15 feet and landed on his head on the site of Boyd Gaming Corp.'s Echelon resort, Assistant Clark County Fire Chief Russ Cameron said. The man was pronounced dead at the scene. http://www.ibtimes.com/articles/20080616/carpenter-killed-in-fall-at-vegas-strip-work-site.htm Mon, 16 Jun 2008 17:22:57 EDT Among the earnings stories for Tuesday, April 29, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080429/earnings-roundup-mastercard-cbs.htm Tue, 29 Apr 2008 10:36:11 EDT Boyd Gaming Inc.'s stock climbed Monday even as analysts cautioned that the gaming operator is likely to be hurt by softness in the Las Vegas locals market. http://www.ibtimes.com/articles/20080428/boyd-up-as-analysts-worry-about-las-vegas-locals-weakness.htm Mon, 28 Apr 2008 13:11:27 EDT Casino operators are dealing with relatively uncharted territory heading into earnings season as worsening economic conditions squeeze their businesses like never before. http://www.ibtimes.com/articles/20080423/market-spotlight-economic-conditions-weigh-on-gaming-cos.htm Wed, 23 Apr 2008 16:26:07 EDT Two years after New Jersey banned smoking in most public buildings, smoking opponents are optimistic that the last groups not covered by the law casino workers and patrons could soon enjoy its protec... http://www.ibtimes.com/articles/20080416/atlantic-city-poised-to-require-smoke-free-casinos.htm Wed, 16 Apr 2008 10:33:50 EDT Gaming companies' stocks slid Tuesday after MGM Mirage, the biggest casino operator on the Las Vegas Strip, fired more than 400 middle managers amid ongoing signs of weakness. Shares of Las Vegas-b... http://www.ibtimes.com/articles/20080415/sector-snap-gaming-cos-fall-as-mgm-announces-job-cuts.htm Tue, 15 Apr 2008 13:57:00 EDT Boyd Gaming Corp. said Friday it formed a joint venture with an Olympia Group affiliate for a proposed casino resort complex in Nevada. Boyd and Olympia Gaming said they filed an application with th... http://www.ibtimes.com/articles/20080411/boyd-olympia-gaming-in-joint-venture.htm Fri, 11 Apr 2008 10:40:39 EDT