island view casino tier levelsJPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure.  casinos won nearly as much money from gamblers last month as they did in July of 2019. Operators with strong LVL exposure reported stellar second-quarter results. el dorado casino reno restaurantsThat’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. (Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. the hard rock lake tahoe

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seven feathers casino arcadeBut 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. 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. And 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. clearwater casino transportationBut that segment could be challenged if the pandemic takes a dramatic turn for the worse. The shopping promenade in downtown Atlantic City. Operators with strong LVL exposure reported stellar second-quarter results. hard rock casino wheatland

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santa ana hotel and casino nmBut that segment could be challenged if the pandemic takes a dramatic turn for the worse. The gaming resorts hadn’t come close to matching same-month 2019 revenue since the onset of COVID-19.Internet casinos won 8.6 million — up 35.7 percent from July 2020 — and a new all-time monthly GGR high for interactive gaming. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. (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. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.Operators with strong LVL exposure reported stellar second-quarter results. lucky tiger casino bonus codes 2020