{"id":2512,"date":"2010-03-10T16:04:29","date_gmt":"2010-03-11T00:04:29","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=2512"},"modified":"2010-03-10T16:05:36","modified_gmt":"2010-03-11T00:05:36","slug":"fortune-doesnt-favor-the-boyd","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/fortune-doesnt-favor-the-boyd\/","title":{"rendered":"Fortune doesn’t favor the Boyd"},"content":{"rendered":"

Fortune, in the sense of “destiny,” supposedly favors the bold. Fortune<\/em>, the magazine, holds no great affection for Boyd Gaming<\/strong>. Since the company is one for which I’ve long had high regard, it gives me no pleasure to report this. In its newest ranking of the most- and leased-admired companies<\/a> in the U.S., Boyd comes out at the absolute bottom of the “Quality of Products & Services” category (with Penn National Gaming<\/strong> deemed the 10th-worst). While Las Vegas Sands<\/strong> and Penn are frequent visitors to various bottom-10 categories, Boyd really gets the harshest thrashing from Fortune<\/em>, which unfortunately does not elaborate on its reasoning. Given some of the companies which were omitted<\/a>, Boyd is Fortune<\/em>‘s fool (pace<\/em> Shakespeare) in large part because the truly crappy casino operators didn’t even qualify to be ranked.<\/p>\n

Penn and Boyd were both in the dregs of the “Global Competitiveness” roster, which one must presumably blame on their lack of international presence … though one could reluctantly make a case for (unranked) Isle of Capri Casinos<\/strong>, which tried to go international and bombed. Boyd was also dissed in the categories of “Long-Term Investment,” “Management Quality” (along with Sheldon Adelson<\/strong>‘s Sands), “Social Responsibility” (w. Harrah’s Entertainment<\/strong> and rock-bottom-rated Sands), “Use of Assets” (w. Harrah’s), “People Management” (w. Sands) and “Innovation” (w. Penn).<\/p>\n

No casino companies made the Top 10, although Wynn Resorts<\/strong> and MGM Mirage<\/strong> were the fourth- and fifth-most admired firms in the hotel\/casino\/resort sector. They also made the top five in “Social Responsibility” and “Global Competitiveness” (MGM, whose last-place showing Macao<\/strong> has done it no harm, apparently), as well as innovation, quality of product, people management and management per se<\/em> (Wynn).\u00a0 Despite the numerous demerits handed them, Penn, Harrah’s, Sands and Boyd were all rated as “Contenders” (i.e.. #7-10 in their sector), which shows that — in Fortune<\/em>‘s world — you can be a contender and<\/em> a bum, with apologies to Marlon Brando<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Fortune, in the sense of “destiny,” supposedly favors the bold. Fortune, the magazine, holds no great affection for Boyd Gaming. Since the company is one for which I’ve long had high regard, it gives me no pleasure to report this. … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60,24,28,7,22,85,62,11,10,69,12,32,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2512"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=2512"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2512\/revisions"}],"predecessor-version":[{"id":2514,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2512\/revisions\/2514"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=2512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=2512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=2512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}