Parent company of Dubuque casino reports strong 2nd-quarter revenues

The parent company of a Dubuque casino on Tuesday reported a massive increase in revenue and profits during the second quarter of 2021.

Boyd Gaming, the parent company of Diamond Jo Casino in Dubuque, reported revenues of $893.6 million in the quarter that ended June 30, up from $209.9 million in the same three-month period of 2020. Net income was $113.7 million for the second quarter of 2021, compared to a net loss of $108.5 million during the same quarter of the previous year.

Financial figures from the previous year were dramatically impacted by the COVID-19 pandemic, which forced casinos across the nation to close for multiple months. However, company officials noted that second-quarter figures also surpassed numbers from the second quarter of 2019.

In the Midwest & South segment of Boyd Gaming, which includes Diamond Jo, revenues were $619 million in the second quarter, up from $157 million in the second quarter of 2020. These figures also surpassed the second quarter of 2019, when that segment reported revenue of $561 million.