博伊德游戏公司缩减损失，首席执行官称这是公司的转折点

　　博伊德游戏公司首席执行官史密斯.基思称其公司由拉斯维加斯中西部公司以及南部公司来主导改善结果，此举是3年艰苦时期之后，公司的最终转折点。

　　在拉斯维加斯，公司报告当地非繁华赌场净收入年基下降了一个1%，闹市区赌场净收入增长了一个3%与去年同期相比。

　　执行领导称这结果自几个月前的渐进行改进同时也是拉斯维加斯经济鲜明的一个征兆。

　　博伊德游戏公司首席营运官保罗.恰克马克说：“这对于我们公司来说是重要的一步，我们期待在接下来的时间里增长会持续。”

　　税息折旧及摊销前利润是赌场的一个关键业绩指标。自一年前起，拉斯维加斯当地博伊德游戏公司赌场上升了5%。

　　拉斯维加斯公司的绩效并没能给某些分析家以深刻印象。

　　“虽然收入以及税息折旧摊销前利润早就有所改善，但是我们不相信一个复苏的即将来临。”联盟游戏集团股票分析家比尔.勒纳在给今天的投资者的一个研究里写道。博伊德游戏公司面对着来自一个主要对手，最近破产后更具资本化的赌场集团的咄咄逼人的竞争，勒纳说。

　　公司最强有力的执行者，奥尔良报道与去年相比，税息折旧及摊销前利润增长了一个7%。那是奥尔良第三季度连续的增长，执行领导说。

　　恰克马克说，博伊德游戏公司非繁华赌场仍忙于度过萧条。公司最大的投资者来自于历史视角，并正开始在其上花费更多，随着商业的恢复，公司可能会开始延长职员的工作时间。他又说，公司的客户服务得分保持很高，尽管在最近的几年里，仍努力于削减开支。

　　博伊德游戏公司闹市区赌场报道，税息折旧及摊销前利润增长了一个1%。若非高燃料价格削减来自夏威夷公司包机服务，闹市区收入将会很高了，执行领导说，闹市区夏威夷顾客包装飞行是公司的一个重要组块。

　　博伊德游戏公司期望在10月份更新波音767飞机，此举将会使得6200额外顾客能够，每年从夏威夷乘飞机到达拉斯维加斯很据每周5次飞机的轮飞。

　　执行领导说公司不会削减对顾客的市场机制的努力，因为在拉斯维加斯竞争状况仍很激烈。但花费钱是明智的，通过坚持邮件程序以及电子信函，而不是庞大昂贵的营销活动。

　　总的来说，博伊德游戏公司的净亏损在第二季度有轻微的缩减，因为公司压榨其全国范围大部分的赌场收入。

　　博伊德游戏公司损失了3,000,000美元或每股3分的硬币，在第二季度，与去年同期，3,400,000美元，或每股4分硬币相比。分析家从汤森路透获悉，第二季度期望博伊德游戏公司赚得每股2分的硬币。

　　5月份山姆镇州图尼卡郡的暂时关闭是因为密西西比河沿岸的泛滥影响了结果，公司说。

　　净收入在第二季度降1%达574,400,000美元以及税息折旧及摊销利润增长4%达118,400,000美元。

　　在中西部公司以及南部公司，其强有力的结果被大西洋城公司的其波尔加塔度假胜地报道净收入有一个2%的下降以及税息折旧及摊销前利润有一个10%的浸泡这样日益恶化的趋势抵消了。

　　来自宾夕法尼亚州赌场、马里兰赌场以及纽约赌场日益加剧的竞争仍旧压抑大西洋城的收入勒纳说，而新的度假胜地在未来的时间里能推动旅游业的发展。

　　有关公司在非繁华度假胜地的停滞，史密斯说，没有直接的计划重新启动这项工程，这仍是公司增长策略的一个重要组成部分。

　　由于经济下滑，博伊德游戏公司于2008年停止4,800,000美元度假胜地的工作，而梯队已定于2010年开业。

　　译文：

　　Boyd narrows losses， CEO says company ‘turning a corner’

　　Boyd Gaming Corp. CEO Keith Smith said today his company, driven by improving results in Las Vegas, the Midwest and South, is finally “turning a corner” after three difficult years.

　　In Las Vegas, the company reported a 1 percent, year-over-year decline in net revenue among its off-Strip casinos for locals and a 3 percent increase in net revenue among its downtown casinos compared with the same period a year ago.

　　Executives said the results are incremental improvement from a few months ago and a sign of a brightening Las Vegas economy.

　　“This is a significant step for our company and we expect growth to continue the rest of the year,” Boyd Chief Operating Officer Paul Chakmak said.

　　Earnings before interest, taxes, depreciation and amortization - a key performance indicator for casinos - rose 5 percent at Boyd’s local Las Vegas casinos from a year ago.

　　Some analysts weren't impressed with the company's performance in Las Vegas.

　　"Although revenues and EBITDA show early signs of improvement, we believe a recovery is not imminent," Union Gaming Group stock analyst Bill Lerner wrote in a research note to investors today. Boyd faces aggressive competition from Station Casinos, a primary competitor that is better capitalized after recently emerging from bankruptcy, Lerner said.

　　The company’s strongest performer, the Orleans，reported a 7 percent increase in earnings before interest, taxes, depreciation and amortization compared with a year ago. That was the Orleans’ third consecutive quarter of growth, executives said.

　　Boyd’s off-Strip casinos are busy though spending remains depressed, Chakmak said. The company’s biggest gamblers, from a historical perspective, are starting to spend more and the company could start to expand employee hours as business recovers, he said.

　　The company’s customer service scores remain high despite efforts in recent years to trim costs, he added.

　　Boyd’s downtown casinos reported a 1 percent increase in earnings before interest, taxes, depreciation and amortization. Downtown earnings would have been higher if not for higher fuel prices that cut into the company’s charter flight service from Hawaii, executives said. A significant chunk of the company’s downtown customers are Hawaiians flown in for package stays.

　　Boyd expects to upgrade to a Boeing 767 in October, which will enable 6,200 additional customers to fly into Las Vegas from Hawaii each year based on a rotation of five flights per week.

　　Executives said the company isn’t cutting back on efforts to market to customers, as the competitive landscape remains fierce in Las Vegas. But it’s spending money wisely by sticking to mailers and emails rather than big, expensive marketing campaigns.

　　Overall, Boyd’s net losses narrowed slightly in the second quarter as the company squeezed more earnings out of most of its casinos nationwide.

　　Boyd lost $3 million, or 3 cents per share, in the second quarter compared with a profit of $3.4 million, or 4 cents per share, for the same period a year ago. Analysts polled by Thomson Reuters expected Boyd to earn 2 cents per share in the second quarter.

　　The temporary closure of Sam’s Town Tunica in May because of flooding along the Mississippi River hurt results, the company said.

　　Net revenue fell 1 percent to $574.4 million in the second quarter and earnings before interest, taxes, depreciation and amortization rose 4 percent to $118.4 million.

　　Strong results in the Midwest and South were offset by worsening trends in Atlantic City, where the company's Borgata resort reported a 2 percent decline in net revenue and a 10 percent dip in earnings before interest, taxes and depreciation.

　　Increasing competition from Pennsylvania casinos as well as new casinos in Maryland and New York will continue to dampen earnings in Atlantic City, Lerner said. New resorts underway could help boost tourism in future years, however, he said.

　　Regarding the company’s stalled Echelon resort on the Strip, Smith said there’s no immediate plans to restart the project, which remains an important part of the company’s growth strategy.

　　Boyd stopped work on the $4.8 billion resort in August 2008 because of the sagging economy. Echelon had been scheduled to open in 2010.