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2024.07.19
doubledown casino view forumJPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. (Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. That was a record for June. free slots 4u christmasJPMorgan 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. Operators with strong LVL exposure reported stellar second-quarter results. The shopping promenade in downtown Atlantic City. jamul casino bingo when did aliante casino opendoes silver oak casino payout“Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,atlantis hotel casino las vegas but it’s a start. 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. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.blackjack casino kenya(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. 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. 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 table games dealer resume bellagio casino zagrebriver spirit casino oklahoma cityOperators with strong LVL exposure reported stellar second-quarter results. (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. (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. 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. Guests 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. kansas star casino smoking policy four winds casino fort wayne indiana |