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red stag casino withdrawalWaiting For Cooler Heads to PrevailEntering Friday, gaming stocks were under intense selling pressure this month as investors bailed on the group amid fears the COVID-19 pandemic is going to sap earnings and keep gamblers away.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.the cove river spirit casinoAmong the Monarch catalysts highlighted by the analyst are one of the best balance sheets in its peer group, low leverage, and easy access to capital via strong cash flow and a million credit facility.Monarch reported fiscal first-quarter results earlier this week.Some analysts are noting the pandemonium in casino equities is depressing valuations to the point that some names, including Monarch, may be too tempting to ignore when the chaos ebbs.black oak casino music

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blackjack online tableWaiting For Cooler Heads to PrevailEntering Friday, gaming stocks were under intense selling pressure this month as investors bailed on the group amid fears the COVID-19 pandemic is going to sap earnings and keep gamblers away.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.While the company said there wasn’t a material impact from the coronavirus on those numbers, management noted that, more recently, some older visitors are opting to stay away from the Atlantis and the Black Hawk casino in Colorado because of fears of contracting the respiratory illness.casino blackjack minimum betSome 150 food and beverage venues will close on a rolling basis.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.Elsewhere, MGM has also revealed it is closing nightclubs and daygolden nugget casino entrance fee clubs.is sam s town casino in shreveport louisiana open

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does the wynn have a casinoOn a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.Monarch reported fiscal first-quarter results earlier this week.Among the Monarch catalysts highlighted by the analyst are one of the best balance sheets in its peer group, low leverage, and easy access to capital via strong cash flow and a million credit facility.However, the combination of the company’s strong balance sheet and depressed stock prices in the industry could compel it to consider acquisitions down the road.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.Elsewhere, MGM has also revealed it is closing nightclubs and daygolden nugget casino entrance fee clubs.free slot games mystical mermaid

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