2024.07.19
mgm casino theaterJPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. casinos won nearly as much money from gamblers last month as they did in July of 2019. 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. morongo casino commercial girlAugust looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.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. JPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. directions to oxford casino in maine golden nugget casino poolfree slot machines with bonusThe shopping promenade in downtown Atlantic City. JPMorgan is bullish on three casino stocks, including Caesars. As 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 mightround casino poker table remain permanently online. restaurant soaring eagle casino casinos won nearly as much money from gamblers last month as they did in July of 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. casinos won nearly as much money from gamblers last month as they did in July of 2019. coushatta casino lake charles black oak casino marketingtwin river casino blackjackOperators 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. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 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. Still, JPMorgan is bullish on the aforementioned trio.Favorable position in the attractive LVround casino poker table 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. JPMorgan is bullish on three casino stocks, including Caesars. seven feathers casino open turtle lake casino gambling age |