The $1 billion Project Neon freeway construction effort that has frustrated motorists for weeks may also have taken a bite out of Boyd Gaming Corp.’s first-quarter earnings.
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Study after study has concluded that stadiums aren’t effective economic development drivers. But a leading urban growth researcher says Orlando and Las Vegas are exceptions because of the strength of their regions’ tourism economies.
Penn National Gaming exceeded its own first-quarter expectations and remained on course to close on its merger with Las Vegas-based Pinnacle Entertainment that ultimately will save the company $100 million a year.