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four winds casino in new buffaloBut 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. 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. scarlet pearl free playThe 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. 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. 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. clearwater casino lewiston idaho

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free slots kronos unleashed(Image: Meet AC)Land-based gross gaming revenue (GGR) totaled 6.9 million. August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.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. roulette casino vectorOperators with strong LVL exposure reported stellar second-quarter results. JPMorgan says the emergence of the latest COVID-19 mutation isn’t yet hampering fundamentals for operators with deep Sin City exposure. 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. drake casino vancouver

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online gambling vs casinoThat was a record for June. That’s an 86 percent year-over-year bonus.All total, New Jersey’s gaming industry reported GGR of more than 0.5 million. JPMorgan is bullish on three casino stocks, including Caesars. 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. But that segment could be challenged if the pandemic takes a dramatic turn for the worse. 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. sam s town casino shreveport louisiana buffet

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