Boydstar (BET) Reports Q4 Net Loss, Profit Declines

Boyd Gaming Corp. (BET) reported a net loss of $104.5 million for the fourth quarter ended January 31, 2026, a significant decline from the $28.9 million profit in the same period of the previous year. The loss was driven by a $98 million impairment of its interest in the Caesars Palace Redevelopment project and reduced gaming revenue due to a 15% drop in table games wagering. Total revenue for the quarter was $685.3 million, down 12% year-over-year. The company has 19 casinos and 120 hotel rooms across 10 states, and remains focused on cost optimization and disciplined capital spending as it navigates a challenging macro environment.