2024.07.17
firekeepers casino coupon codeJPMorgan 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. “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. resorts casino in new jerseyThat’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. “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. The shopping promenade in downtown Atlantic City. harrah s casino valley center royal ace casino no deposit bonusangel of the winds casino smoking(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. 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. Still, JPMorgan is bullish on the aforementioned trio.Favorable position in the attractive LVbetrivers casino promo code michigan 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. l auberge casino lake charles poolJPMorgan is bullish on three casino stocks, including Caesars. “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. 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. brian christopher slots wiki phone number to sam s town casinochumba casino dealsThe shopping promenade in downtown Atlantic City. 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. 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. It 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. (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. JPMorgan is bullish on three casino stocks, including Caesars. clearwater casino to bainbridge ferry valley forge casino app |