BOYD GAMING CORP (BYD) — Moat, Quality & Fair Value

BOYD GAMING CORP (BYD) has a Narrow economic moat and a quality score of 54/100. It operates in the Consumer Discretionary sector.

Industry: Casinos & Gaming · Consumer Discretionary

Market share (2025): 3.5% of Casino operators in the US · 2.6% of Online betting & iGaming in the US (Online)

Themes: Travel & experiences (core) · Online betting (partial)

Economic moat: Narrow. A narrow moat indicates meaningful but less durable advantages. Learn more about how we classify moats in our guide to economic moats.

Quality score: 54/100. This score combines seven weighted pillars — returns on capital, margin strength, cash generation, financial health, durability, management, and moat & position. See how the quality score works.

The three-tier owner-earnings fair value estimate, price & fair-value chart, financial statements, and complete management evaluation for BYD are available in the MoatScope app (14-day free trial, no card required). New to the framework? Start with the MoatScope guide.