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resorts world casino 110 00 rockaway blvdBut 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. That was a record for June. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,betrivers casino promo code michigan but it’s a start. intertops casino sign upAnd 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. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.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. scarlet pearl casino biloxi gold coast casino sports bardownstream casino ticketsIt 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. The shopping promenade in downtown Atlantic City. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. viejas casino hotel san diegoJPMorgan 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. JPMorgan 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. harrah s casino locations st croix casino turtle lake facebookonline casino real money louisianaOperators with strong LVL exposure reported stellar second-quarter results. Operators with strong LVL exposure reported stellar second-quarter results. 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. That’s an 86 percent year-over-year bonus.All total, New Jersey’s gaming industry reported GGR of more than 0.5 million. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,betrivers casino promo code michigan but it’s a start. river spirit casino tribe miami club casino top |