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riversweeps deposit casinos won nearly as much money from gamblers last month as they did in July of 2019. That was a record for June. 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. little river casino table gamesBoth 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 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. casinos won nearly as much money from gamblers last month as they did in July of 2019. golden nugget casino jobs in lake charles sunset station casino openhollywood casino gift cardJPMorgan 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. 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. (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. mgm casino table gamesThe shopping promenade in downtown Atlantic City. Operators with strong LVL exposure reported stellar second-quarter results. casinos won nearly as much money from gamblers last month as they did in July of 2019. golden nugget casino bonus code raging bull casino real or fakehuddersfield g casino pokerJPMorgan 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. “Sustainable top-line growth underpinned by population growth and appealing supply/demand dynamics.”With an influx of cash coming from the 0 million sale of the Palms announced in May, Red Rock has the resources to firm its balance and perhaps buyback shares.“Balance sheet will soon be under-lBut 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. 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 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. island view casino offers real cash online casinos |