admiral casino thornton heathJPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. (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. That’s an 86 percent year-over-year bonus.All total, New Jersey’s gaming industry reported GGR of more than 0.5 million. seminole casino wewoka“Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,harrah s casino mibibippi 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. The shopping promenade in downtown Atlantic City. mgm grand casino blackjack

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bicycle casino restaurant menuAs Atlantic City casinos were shuttered from mid-March 2020 through early July, interactive gaming platforms flourished, as they welcomed in a bounty of new players.Concerns have been floated that a substantial factor of the gamblers who played in Atlantic City casinos prior to the coronavirus mightharrah s casino mibibippi remain permanently online. 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. 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. coolcat casino redeem codeBoth 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. Still, JPMorgan is bullish on the aforementioned trio.Favorable position in the attractive LVharrah s casino mibibippi 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. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.sam s town casino application

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hollywood casino amphitheatre maroon 5(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. That was a record for June. That was a record for June. That was a record for June.  casinos won nearly as much money from gamblers last month as they did in July of 2019. 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. island view casino job openings