Barclays Capital analyst Felica R Hendrix has reduced her estimates for Boyd Gaming (BYD: 8.51 0.00%) while maintaining her “equal weight” rating for the casino company.

Barclays published a research note today mentioning that the regional gaming markets growth was lower than previously expected.

Analyst reported that Boyd’s Louisiana properties; Treasure Chest and Delta Downs, as well as Atlantic City’s Borgata have been tracking lower than estimated fourth quarter 2009 revenues.

Analyst have suggested that Boyd’s growth rate will remain weak during 2010.

Barclays Capital reduced its EPS estimates for 2009 from $0.39 to $0.34 and 2010 from $0.56 to $0.52 and reducing its target price from $8 to $7.

Although the gaming company saw a 5.22% gain in stock prices last month.

Shares of Boyd closed the market yesterday at $8.66 up $0.29 from January 1st opening price of $8.37.

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