Boyd Gaming’s IP Casino Resort and Spa has maintained a long-standard commitment of charitable donations, by presenting $839,000 to local foundations throughout the year thus far.
More than 30 local organisations, such as Bacot McCarty Foundation, Boys and Girls Club of the Gulf Coast, Feed My Sheep, Make-A-Wish, NAACP-Biloxi Branch, and Humane Society of South Mississippi, are slated to benefit from the property’s donations across 2021.
“Boyd Gaming and the IP Casino Resort Spa have been our community partners for the past 11 years, donating millions of dollars to us to disburse into the local community. The partnership has been historic and had incalculable benefits all across our region,” explained Todd Trenchard, executive director of the Bacot McCarty Foundation.
“Through the IP, each year we have been able to benefit over 30 local agencies and issue scholarships to hundreds of students who are attaining higher education. From the YMCA to Special Olympics, from Boys & Girls Clubs to Ronald McDonald Charities… the IP has been the philanthropic leader in South Mississippi. We could never do what we do without their generous support.”
The Biloxi, Mississippi-based venue says that it, along with parent organisation Boyd Gaming, is “dedicated to giving back to the communities we call home”. IP focuses its support in four key areas of community, health and human Services, culture and education
“IP Casino Resort Spa believes in the mission of these organisations and the good work they do every day,” said Vincent Schwartz, senior vice president of operations and general manager of IP Casino Resort Spa.
“Through our support of these great charities, the IP team strives to have a positive, lasting and meaningful impact on the entire Mississippi Gulf Coast community.”
Earlier this year, Boyd Gaming lauded an “exceptional quarter” which it said was epitomised by a strongest EBITDAR in group history and reflective of a “more focused operating strategy”.
The comments came as the group reported its Q1 performance, during which time revenue reached $753.3m, representing a 10.7 per cent increase from $680.5m year-on-year.
On a regional basis, both of Boyd’s ‘Las Vegas Locals’ and ‘Midwest and South’ segments increased to $182.42m (2020: $180.76m) and $549.45m (2020: $445.64m), respectively. Downtown Las Vegas dropped 60.3 per cent to $21.43m from $54.11m.