Jefferies questions likelihood of Boyd-Bally’s project at former Tropicana site
Jefferies analyst David Katz said Boyd Gaming was reportedly considering a partnership with Bally’s for the former Tropicana Las Vegas site. The companies had not commented, and Katz said the project appeared unlikely for Boyd given its scale and risk profile. Other analyst notes cited positive second-quarter results across gaming companies, with regional and online firms averaging beats of 1% and 3%.
Boyd and Bally’s investors may weigh the reported project’s scale against the companies’ lack of confirmation.