2024.07.19
wild life casino gameThat was a record for June. 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. 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. seneca niagara casino outdoor concert seating 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. (Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. hollywood casino horse racing wpt bicycle casino 2019does chinook winds have a buffetGuests 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. But that segment could be challenged if the pandemic takes a dramatic turn for the worse. casinos won nearly as much money from gamblers last month as they did in July of 2019. las atlantis casino freeJPMorgan 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. “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-l(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. chumba casino payout reviews online casino real money paypal no deposit bonusfree slot games cleopatraBut the bank acknowledges investor sentiment could ebb and flow with case count and vaccination headlines.Caesars is the second-largest operator on the Strip, while Boyd is the dominant company in downtown Las Vegas. 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.But that segment could be challenged if the pandemic takes a dramatic turn for the worse. JPMorgan is bullish on three casino stocks, including Caesars. 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 extreme loyalty bonus desert diamond casino players card |