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Posted by
Two Blokes Jul 15 -
Filed in
Stock
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2 views
Boyd Gaming Corporation's sale of its FanDuel stake improves its balance sheet but sacrifices significant future online gaming growth potential. The company faces stagnating revenue and declining profit margins, with macroeconomic headwinds and weakening consumer demand impacting brick-and-mortar casinos. Despite strong management and past returns, Boyd now lags peers in margin trends and risks becoming a value trap as fundamentals deteriorate.
