2024.07.08
2 casinos in ctAnd 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. 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. 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. angel of the winds casino golf simulator“Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,no deposit bonus casino bitcoin but it’s a start. But that segment could be challenged if the pandemic takes a dramatic turn for the worse. Operators with strong LVL exposure reported stellar second-quarter results. aliante casino reopening harrah s cherokee casino pokernearest casino to jackson tnJPMorgan 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 an 86 percent year-over-year bonus.All total, New Jersey’s gaming industry reported GGR of more than 0.5 million. JPMorgan is bullish on three casino stocks, including Caesars. thunder valley casino united auburn indian communityJPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. JPMorgan is bullish on three casino stocks, including Caesars. 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. sycuan casino resort premier suite turtle lake casino win lob statementfree online slots mr gamezBut 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. It 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. But that segment could be challenged if the pandemic takes a dramatic turn for the worse. “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. That was a record for June. poker casino woodbine brian christopher free slots |