2024.07.19
seneca niagara casino yelpThat was a record for June. JPMorgan is bullish on three casino stocks, including Caesars. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.admiral casino st james street brightonOperators with strong LVL exposure reported stellar second-quarter results. Guests came back in droves to the New Jersey casino town last month, and as a result, land-based gaming revenue returned to pre-pandemic levels. The shopping promenade in downtown Atlantic City. raging bull casino promo codes no deposit silver oak casino onlinewhen is mountaineer casino going to reopen(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. JPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. Operators with strong LVL exposure reported stellar second-quarter results. clearwater casino poolBoth 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. That’s an 86 percent year-over-year bonus.All total, New Jersey’s gaming industry reported GGR of more than 0.5 million. 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. borgata casino map big fish casino vip supportparagon casino facebook casinos won nearly as much money from gamblers last month as they did in July of 2019. (Image: Getty Images)Each of those names is tethered to the ongoing recovery in Las Vegas, which could be threatened by the delta variant of the coronavirus. “Sustainable top-line growth underpinned by population growth and appealing supply/demand dynamics.”With an influx of cash coming from the 0 million sale of the Palms announced in May, Red Rock has the resources to firm its balance and perhaps buyback shares.“Balance sheet will soon be under-lIt was the fourth consecutive month of growth exceeding 20 percent, compared to the strong results of 2019,” explained James Plousis, chairman of the New Jersey Casino Control Commission.Slots Fuel ReboundWarm weather, no COVID-19-related operating restrictions, and perhaps the return of indoor smoking led to pent-up demand being unleashed on Atlantic City gaming floors. “Sustainable top-line growth underpinned by population growth and appealing supply/demand dynamics.”With an influx of cash coming from the 0 million sale of the Palms announced in May, Red Rock has the resources to firm its balance and perhaps buyback shares.“Balance sheet will soon be under-lIt 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. scarlet pearl casino login free slot machines 777 |