{"id":12961,"date":"2014-03-11T10:11:49","date_gmt":"2014-03-11T18:11:49","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=12961"},"modified":"2014-03-11T10:11:49","modified_gmt":"2014-03-11T18:11:49","slug":"boyd-under-siege-tight-slots-on-the-east-coast","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/boyd-under-siege-tight-slots-on-the-east-coast\/","title":{"rendered":"Boyd under siege? Tight (slots) on the East Coast"},"content":{"rendered":"

\"boyd-gaming-200\"<\/a>Yesterday, Elliott Management<\/strong> announced that it owns 5% of Boyd Gaming<\/strong>. Shares of the company, which had closed just under $12, opened at $14. But is this a vote of confidence in Boyd? According to Seeking Alpha<\/em>, “Elliott has a long track record of mounting activist campaigns in which it calls for a company to make big changes and\/or put itself up for sale.” And there was Boyd, just last week, talking about expansion into Japan<\/strong>. Now the heavily leveraged company may have to fight off Elliott instead.<\/p>\n

Boyd’s online gambling revenues at Borgata<\/strong> (and those of rival Atlantic City<\/strong> casinos) should see an uptick this month. The State of New Jersey<\/strong> has “eased the parameters” of geolocation along the state line, thinning the buffer. Said the Division of Gaming Enforcement<\/strong>‘s Kerry Langan<\/strong>, “We have worked with the geolocation vendors and casinos to enhance the technology to make it more accurate and reliable, and to reduce false negatives.” And if a few non-Garden State players slip through the ‘Net … ? There seems to be tacit agreement not to lose sleep over that.<\/p>\n