Boyd Gaming – Pillar of the Poker Industry

images (2)Last Thursday, the financial firm Morgan Stanley remarked the value of Boyd Gaming, raising the price target on shares of the group from $ 7 to $ 12 This would be the third growth Boyd Gaming has done in the last year, truly making it one of the main powers on the casino industry.

Gaming Empire

Boyd Gaming owns casinos throughout the United States, and its grand casino is the Borgata in Atlantic City, but the data that led to increased expectations on this company in the gaming industry was its alliance with bwin.party to offer online gaming in the United States. The size and value would make a joint structure best positioned to take advantage of the emergence of new online gaming sector…

As a poker blog, we believe that this will help Nevada and New Jersey to open the online gaming market in late 2013 or early 2014, will cause a flood of investors on the online space and that it will encourage more states to join the new revenue tax. At these words, and according collects benzinga.com, analyst Thomas Allen added in his report that the new online market will help reverse the trend of the gaming market in the United States and turn it into an emerging industry.

Unprecedented Growth

Allen prospects for the U.S. market for online gaming spend an estimated $ 670 million by 2014, 9 billion in 2020. These revenues would amount to the sum of all generated by physical gaming industry in Las Vegas Strip and in Atlantic City last year.

And Morgan Stanley warns: “our estimates are conservative.”

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