The developer building a $750 million resort casino on the banks of the Elizabeth River told investors its temporary set-up is likely to break even while in operation.
Kevin Smith, president and CEO of Boyd Gaming, made the comments Thursday while answering questions on the company’s quarterly earnings call. It’s the first time Smith has addressed the performance of The Interim Gaming Hall, since it opened in November.
In the first 23-days of operation, the slots-only operation raked in $1.4 million in adjusted gaming revenue, according to the Virginia lottery. Adjusted gaming revenue is wagers minus payouts. In the 31 days of December, the revenue fell to $1.1 million.
