hard rock hotel and casino lake tahoe nvMacau Could Renew PermitsIf Macau policymakers opt to renew gaming permits under the above scenario, it’s probable the outcome would be a 10-year licensing period, not 20 years.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.With peer-low leverage, we believe MCRI is well-positioned for opportunistic mergers and acquisitions,” said Wieczynski.black hawk casino crab legsThat is expected to become a vital driver of revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) as renovations are finalized.Monarch’s Strong FundamentalsAlthough Monarch trades at rich valuations relative to its peers, it commands those premiums due to strong fundamentals.An analyst is bullish on the stock, citing multiple tailwinds.luckyland casino apk

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5 dragons free slotsColorado KickerOne of Monarch’s two properties is its namesake venue in Black Hawk, Colo.(Image: Reno Gazette-Journal)In a note to clients, Stifel analyst Steven Wieczynski restarts coverage of Monarch with a “buy” rating and a price target, implying upside of 16.One analyst likes the upside offered by the name as vaccines come to market.Pennsylvania Gov.Las Vegas Sands and Galaxy Entertainment are the two largest Macau operators by market share.12 at 12:01 am ET, anwin real money online casino united states