777 casino slot machine(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. JPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. 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. mountaineer casino pokerAnd 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. (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. borgata online casino reviews

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casino near me spokane waThe shopping promenade in downtown Atlantic City. 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 just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. choctaw casino in durantJPMorgan is bullish on three casino stocks, including Caesars. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. online gambling europe

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online casino texas“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. 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 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. Operators with strong LVL exposure reported stellar second-quarter results. 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 is bullish on three casino stocks, including Caesars. d casino in vegas