Revenue of $236.5 million from the company’s Las Vegas locals properties increased by less than 1 percent but was 4 percent higher than in the first three months of the year.

Smith, in the post-call interview, said Eastside Cannery “would not be demolished” and couldn’t comment if the company had received any purchase offers for the property, which has 65,000 square feet of casino space, a special events ballroom, a private club on the 16th floor, one restaurant and two bars.īoyd Gaming’s revenue in the second quarter from its 28 casinos in 10 states was $894.5 million, roughly equal to the same quarter a year ago. “Until we see more demand or something else to suggest we should consider reopening Eastside Cannery, for now, it will remain closed,” Hirsberg said.īoyd Gaming acquired Eastside Cannery along with Cannery North Las Vegas for $230 million in 2016. The two casinos are a half-mile apart on Boulder Highway. Hirsberg suggested that customer business from Eastside Cannery had migrated to the Boyd-owned Sam’s Town Casino. However, Truist Securities gaming analyst Barry Jonas asked about the closed casino during the question-and-answer session. Smith and Boyd CFO Josh Hirsberg did not discuss the future of Eastside Cannery in their prepared remarks on the call. I don't really have any comments on the issue,” Smith said in an interview following Boyd Gaming’s second-quarter earnings conference call. The future of three of the casinos was learned two weeks ago when Red Rock Resorts said it would demolish Fiesta Henderson, Texas Station and Fiesta Rancho and “reposition the land,” meaning the gaming entitlements would be removed at the time of sale.īoyd Gaming CEO Keith Smith said he was “surprised” by the announcement but had “no inside knowledge” of the decision-making process. The 300-room hotel-casino on the Boulder Strip is one of five Southern Nevada casinos that have not reopened in the 29 months following a 78-day, state-ordered gaming industry closure because of the pandemic. Howard Stutzīoyd Gaming has seen a revenue increase from its Las Vegas-area casinos over the last three months, but company executives said Tuesday that customer demand in the market is still not strong enough to allow the reopening of Eastside Cannery. If a colleague or associate emailed this newsletter to you, please click here to sign up and receive your own copy of Indy Gaming in your inbox. Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.

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