2024.07.19
betrivers jobsJPMorgan 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. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. That was a record for June. online casino dThat was a record for June. That’s an 86 percent year-over-year bonus.All total, New Jersey’s gaming industry reported GGR of more than 0.5 million. Operators with strong LVL exposure reported stellar second-quarter results. seminole casino wild card when will valley forge casino open back upbest online slots real money pa“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. 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. casinos won nearly as much money from gamblers last month as they did in July of 2019. coolcat casino promo codesBoth 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. It 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. (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. casino resorts virginia draftkings firekeepers casino 400is jamul casino 18 and overAnd it was casinos’ old faithful that delivered the strong July 2021 performance.Slots won over 4.6 million from gamblers last month, a nearly six percent gain in July 2019.Slot machine win was the highest for the month of July since 2013, when there were twelve casinos operating,” Plousis told Casino.org. 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. JPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. 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. 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. casino 2020 roulette online casino book of ra 6 |