LAS VEGAS, Nevada -- Boyd Gaming Corporation (BYD) today announced the following results from Borgata's online gaming operations in the month of January 2014.
Combined, Borgata and partypoker generated $3.9 million in online gaming revenue, giving the network a market-leading 41% total share of New Jersey's online gaming business. Borgata accounted for $2.7 million in revenue, a 15% increase over December 2013.
Keith Smith, President and Chief Executive Officer of Boyd Gaming, said:
"Our market-leading performance is testament to the quality of our online product and the power of the Borgata brand. These results also once again demonstrate online gaming's potential to expand our business. About 85 percent of our online players have not had rated play at Borgata in at least two years, showing there is little overlap with our land-based business. Online gaming is growing our database, creating a long-term opportunity to market Borgata to an entirely new group of customers."
Tom Ballance, President and Chief Operating Officer of Borgata, said:
"As we continue to refine our technology, we believe there is significant upside to our business. In January, Borgata launched a mobile gaming app for iPhones and iPads, and we are scheduled to roll out a version for Android devices shortly. As Borgata expands into mobile gaming, we believe we will further grow our business and the overall market."
About Boyd Gaming
Headquartered in Las Vegas, Boyd Gaming Corporation (BYD) is a leading diversified owner and operator of 22 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and New Jersey.
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