For in-depth and deep dive research on the casino and gaming sector, subscribe to The House Edge . New: Free excerpts from our book in progress, "The Smartest ever Guide to Gaming Stocks" - free to existing members and new subscribers.Howard Jay Klein has 30 years of experience as an executive and consultant in major casino operations. His background includes: Ballys, Trump Taj Mahal, Mohegan Sun, and Caesars Palace in Las Vegas. He is a value investor first, using management quality to inform his investmen ...

An updated edition of the March 28, 2025, article.When most people think of investing, they picture portfolios filled with blue-chip companies, tech innovators and green energy ventures. But beneath the surface of the mainstream market lies a less conventional corner known as the “sin stocks” market. This niche area is built on companies involved in activities considered unethical or immoral by some societal standards, yet often deliver consistent returns.Sin stocks refer to shares of companies involved in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________________________ FORM 10-Q ____________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12882 ...

Core Insights - Chinese automakers, particularly BYD, have rapidly advanced in the electric vehicle (EV) market, surpassing foreign competitors like Tesla in revenue and profitability [1][4][10] Company Performance - BYD reported an annual revenue of $107 billion, exceeding Tesla's $98 billion [4] - The company's net profit increased by 100% year-over-year to approximately $1.3 billion, while Tesla's profit dropped by roughly 70% to $409 million [4] Technological Advancements - BYD has made advanced driver-assist systems standard across its vehicle lineup and introduced a new charging system that provides 250 miles of charge in just five minutes [5] - The company's 1,000 kW chargers are four times more powerful than Tesla's, which can add about 200 miles of range in 15 minutes [5] International Expansion - BYD plans to sell over 800,000 vehicles outside of China this year, more than double the previous year's sales [6] - The company is constructing factories in Brazil, Thailand, Hungary, and Turkey, and is customizing products for specific markets [7] Competitive Advantages - BYD benefits from vertical integration, producing a significant percentage of its components in-house, including a lithium iron phosphate battery that enhances safety and efficiency [8] - The company's durable competitive advantages align with Warren Buffett's investment philosophy [8] Future Outlook - BYD is well-positioned for continued growth, with strong performance metrics and potential for entry into the U.S. market as conditions become favorable [9][10]

Boyd Gaming (BYD) Q1 2025 Earnings Call April 25, 2025 12:58 PM ET Company Participants David Strow - Vice President of Corporate CommunicationsKeith Smith - President and CEOJosh Hirsberg - Executive VP, CFO & TreasurerDavid Katz - Managing DirectorSteve Wieczynski - Managing DirectorMax Marsh - Equity Research AssociateBarry Jonas - Managing Director Conference Call Participants Carlo Santarelli - AnalystShaun Kelley - Senior Research Analyst & MD - Gaming, Lodging & Leisure EquitiesJordan Bender - Senior ...

David Strow Good afternoon, and welcome to the Boyd Gaming First Quarter 2025 Earnings Conference Call. My name is David Strow, Vice President of Corporate Communications for Boyd Gaming. I will be the moderator for today's call, which we are hosting on Thursday, April 24, 2025. At this time, all lines are in listen-only mode. Following our remarks, we will conduct a question-and-answer session. [Operator Instructions]. Our speakers for today's call are Keith Smith, President and Chief Executive Officer; an ...

Boyd Gaming (BYD) reported $991.57 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 3.2%. EPS of $1.62 for the same period compares to $1.51 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $970.21 million, representing a surprise of +2.20%. The company delivered an EPS surprise of +6.58%, with the consensus EPS estimate being $1.52.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Boyd Gaming (BYD) Q1 2025 Earnings Call April 24, 2025 05:00 PM ET Company Participants David Strow - Vice President of Corporate CommunicationsKeith Smith - President and CEOJosh Hirsberg - Executive VP, CFO & TreasurerDavid Katz - Managing DirectorSteve Wieczynski - Managing DirectorMax Marsh - Equity Research AssociateBarry Jonas - Managing Director Conference Call Participants Carlo Santarelli - AnalystShaun Kelley - Senior Research Analyst & MD - Gaming, Lodging & Leisure EquitiesJordan Bender - Senior ...

Exhibit 99.1 BOYD GAMING REPORTS FIRST-QUARTER 2025 RESULTS LAS VEGAS - APRIL 24, 2025 - Boyd Gaming Corporation (NYSE: BYD) today reported financial results for the first quarter ended March 31, 2025. Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: "During the first quarter, we achieved revenue and Adjusted EBITDAR growth on both a Companywide and property-level basis, maintaining property operating margins of 40% – an impressive performance by our Company, considering the impact o ...

Boyd Gaming (BYD) shares soared 11.1% in the last trading session to close at $67.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs across most countries for 90 days, the company’s shares soared, reflecting renewed investor optimism.This casino operator is expected to post quarterly earnings of $1.54 per share in its upcoming repor ...