HG Vora Capital Management’s Stock Picks For 2025

4. Boyd Gaming Corp (NYSE:BYD)

Shares held by HG Vora Capital Management: 2.0 million

Value of Position: $145.08 million

In Boyd Gaming Corp (NYSE:BYD), HG Vora Capital trimmed its stake by a third during the fourth quarter. In contrast with Penn Entertainment, the fund has not engaged with Boyd Gaming Corp and has held shares since at least the fourth quarter of 2020 seeing the stock gain more than 80% since then. Boyd Gaming Corp (NYSE:BYD) is a diversified casino operator that has properties across 10 US states, including California and Nevada. Moreover, similar to other casino operators mentioned earlier, Boyd has also expanded into the online gambling segment of the market. Recently, Boyd Gaming Corp has disclosed its financial results for the fourth quarter, with both EPS of $1.06 and revenue of $1.04 billion coming in stronger than expected. Moreover, Boyd Gaming has been paying dividends for the past several years and last year it raised the payout to $0.17 per share.