2024.07.18
high 5 casino free vegas slot gamesOperators with strong LVL exposure reported stellar second-quarter results. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,online gambling legal states but it’s a start. JPMorgan released a broad look at the gaming industry today, highlighting Boyd Gaming (NYSE:BYD), Caesars Entertainment (NASDAQ:CZR) and Red Rock Resorts (NASDAQ:RRR) as its top three ideas among the casino stocks it rates “overweight.” Caesars’ Bally’s on the Las Vegas Strip, pictured above. thunder valley casino sacramento californiaBut that segment could be challenged if the pandemic takes a dramatic turn for the worse. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,online gambling legal states but it’s a start. It easily topped the previous mark of 3.7 million.Sportsbooks, which include mobile operations and at the state’s three horse racetracks, kept nearly million of the 8 million wagered. south lake tahoe casinos closed winstar world casino numberbrian christopher slots home(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.Both Boyd and Red Rock generate significant portions of earnings and revenue from Las Vegas locals (LVLs) — a demographic consisting largely of retirees and staffers from other casinos. coolcat casino mobile loginThat was a record for June. But that segment could be challenged if the pandemic takes a dramatic turn for the worse. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.winstar world casino oklahoma phone number coushatta casino onlinealiante casino cafeAnd recent media reports hyping monthly gaming data out of New Jersey have failed to acknowledge that brick-and-mortar play remained substantially down.For instance, in June, Atlantic City casinos won 5 million from land-based operations, iGaming, and sports betting. But brick-and-mortar GGR in June 2021 was down nine percent (.5 million) from June 2019.July 2021 gives plenty of reason for optimism, and that the actual casinos on the shore can return to pre-pandemic market levels even with robust play online.“Atlantic City’s total gaming revenue rose more than 28 percent compared to pre-pandemic July 2019. (Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. That’s 70.4 percent better than July 2020, and a 35 percent premium on July 2019.Land Ahoy!COVID-19 resulted in New Jersey’s iGaming and online sportsbooks thriving. The shopping promenade in downtown Atlantic City. But that segment could be challenged if the pandemic takes a dramatic turn for the worse. bicycle casino reopen four winds casino hartford hours |