We do not provide a reconciliation of forward-looking non-GAAP financial measures to the corresponding forward-looking GAAP measure due to our inability to project special charges and certain expenses.-- Launch of Stardust Social Casino Advances Company's iGaming StrategyEBITDA, Adjusted EBITDA, EBITDAR, Adjusted EBITDAR, Adjusted Earnings, Adjusted EPS and certain other non-GAAP financial measures are used in addition to and in conjunction with results presented in accordance with GAAP.
Keith E. Smith President and Chief Executive Officer An industry veteran with 30 years of gaming experience, Keith Smith first joined Boyd Gaming Corporation as Corporate Controller in 1990. You’ll soon have a new spot to get your chicken fix.UNLV’s field at Allegiant Stadium includes the team nickname in both end zones and the arched logo on the playing field.Las Vegas-based Allegiant Travel Co., which booked 17 straight profitable years before the pandemic hit, on Wednesday said that it lost $93.1 million in the second quarter and plans to furlough up to 275 pilots.“Our core customers are not deterred by social distancing measures, limited amenities or masking requirements,” Smith said.The company has streamlined operating expenses and improved margins in its Midwest, South and Las Vegas segments by cutting costs in areas like marketing, labor and certain amenities, like buffets.A Nevada judge scheduled a hearing Thursday to determine whether the Department of Employment, Training and Rehabilitation is following his orders.The Southern Nevada Health District on Wednesday said it no longer recommends people who tested positive for COVID-19 be tested again.Smith said the reopenings will be based on demand, but there are “no dates right now.” He added that downtown Las Vegas — where Main Street Station is located — is not performing at the same level as Boyd’s other segments.The company has reopened all but three of its 29 properties; the Eastside Cannery, Main Street Station and Eldorado Casino in Southern Nevada have yet to reopen.Total revenue for the Caesars Entertainment Inc.-affiliated company was $257.9 million, up 17 percent compared with the same period last year.
In addition, forward-looking statements in this press release include statements regarding the impacts of COVID-19 on the Company, future operating trends at the Company's properties following reopening, continuing cost efficiencies and margin improvements, and the Company's future digital gaming initiatives, including development of the Stardust brand. Our presentation of EBITDA, Adjusted EBITDA, EBITDAR, Adjusted EBITDAR, Adjusted Earnings, Adjusted EPS or certain other non-GAAP financial measures may be different from the presentation used by other companies and therefore comparability may be limited. He was promoted to Executive Vice President of Operations in 1998 and to Chief Operating Officer in 2001.
-- Midwest & South, Las Vegas Locals Segments Each Deliver Adjusted EBITDAR Growth, Significant Margin Improvement Since ReopeningThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Now, the board of directors, after a national search, has removed “acting” and has named him the new CEO.The U.S. economy shrank at a dizzying 32.9 percent annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, the government said Thursday.Keith said the company “will not simply return to the old way of doing business,” and many of the cost cuts will be permanent.Thousands of frustrated Nevadans have reached out for help as they try to reach DETR or figure out what is wrong with their jobless claims.“We intend to keep this philosophy in place after the crisis is over” and focus on high-worth customers, he said. With our industry-leading strategic partner and the iconic Stardust brand, Boyd Gaming is in an excellent position to capitalize on the compelling growth opportunity presented by interactive gaming and mobile sports betting."