2024.07.18
clearwater casino resortJPMorgan is bullish on three casino stocks, including Caesars. (Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 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. river spirit casino non smoking(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,roulette casino money management but it’s a start. Operators with strong LVL exposure reported stellar second-quarter results. angel of the winds casino restaurants resorts casino poconosliberty seven slots casinos won nearly as much money from gamblers last month as they did in July of 2019. That’s just 0.07 percent shy from July 2019, when the same casinos won 7.1 million. 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. sunset station casino.comIt 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. 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. 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. free slots with bonuses riverwind casino buffetgolden nugget casino near meBut 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. casinos won nearly as much money from gamblers last month as they did in July of 2019. And it was casinos’ old faithful that delivered the strong July 2021 performance.Slots won over 4.6 million from gamblers last month, a nearly six percent gain in July 2019.Slot machine win was the highest for the month of July since 2013, when there were twelve casinos operating,” Plousis told Casino.org. That was a record for June. “Slot machines drove July 2021’s revenue increase.”One strong month doesn’t constitute a full-blown recovery,roulette casino money management but it’s a start. That was a record for June. flaming 7 s free slots blackjack online against others |