Boyd Gaming misses Q3 earnings estimates as Las Vegas visitor demand weakens

Boyd Gaming Corporation reported weaker-than-expected third-quarter earnings as declining visitor demand in Las Vegas and construction disruptions weighed on its Nevada operations, offsetting growth in its Midwest & South and online gaming businesses. The casino operator, which owns 27 properties across 11 states, reported adjusted earnings of $1.67 per share for the quarter ended September 30, 2026, below analysts' $1.70 estimate. Revenue declined 1.4% year over year to $990.5 million , missing the $1 billion consensus, while adjusted EBITDAR fell to $319.6 million from $321.8 million. Shares declined 1.4% in after-hours trading Thursday.