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wild wild quest casinoAugust looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.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. doubledown casino pinterestStill, JPMorgan is bullish on the aforementioned trio.Favorable position in the attractive LVatlantis hotel casino las vegas locals market with RRR converting a high percentage of earning before interest, taxes, depreciation and amortization (EBITDA) to free cash flow (60-70 percent in 2022E-2025E),” said the bank. 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. Operators with strong LVL exposure reported stellar second-quarter results. lucky creek online casino no deposit bonus code big fish casino vip customer support7 free slots.com times twelveThat’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. The shopping promenade in downtown Atlantic City. JPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. fanduel casino logoThe 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. casinos won nearly as much money from gamblers last month as they did in July of 2019. That’s an 86 percent year-over-year bonus.All total, New Jersey’s gaming industry reported GGR of more than 0.5 million. is the cache creek casino open free slot games igtblack hawk casino addrebAnd 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. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,atlantis hotel casino las vegas but it’s a start. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,atlantis hotel casino las vegas but it’s a start. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. Operators with strong LVL exposure reported stellar second-quarter results. casinos won nearly as much money from gamblers last month as they did in July of 2019. chukchansi casino suites boulder station casino poker room |