Club Player Casino Mama Bonus g to Macquarie. Macau 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. Another option, particularly if it appears likely the process will extend beyond 2022, is simply for the SAR to re-up the permits under current terms for two or three years. Macau law allows for a five-year extension of that nature after an original license expires. sycuan casino jackpots Letting the process drag out potentially works in favor of the SAR government because it buys time for post-pandemic recovery to materialize. “Renewing licenses after a full GGR [gross gaming revenue] recovery would offer policymakers more bargaining power (specifically over non-gaming capital expenditure),” according to Macquarie. Oxford Casino Jackpot Tday

Las Vegas Sands and Galaxy Entertainment are the two largest Macau operators by market share. lucky creek casino no deposit bonus 2020 Regional gaming company Monarch Casino & Resort (NASDAQ:MCRI) is a solid performer this year, jumping 11. 10 percent amid a challenging operating environment. Roulette Casino Meaning Jkic One analyst likes the upside offered by the name as vaccines come to market. Monarch’s Atlantis in Reno, Nevada. An analyst is bullish on the stock, citing multiple tailwinds.

Key Insights and Expert Analysis

(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. 66 percent from the Dec. 10 close. He acknowledges that there’s somcan you gamble at 18 at pechangae near-term risk with the stock, but adds investors should focus on the post-vaccine climate, where the operator is well-positioned. With peer-low leverage, we believe MCRI is well-positioned for opportunistic mergers and acquisitions,” said Wieczynski. casino hotels in atlantic city hallmark casino no deposit bonus codes june 2021 “While MCRI boasts a premium valuation, we see opportunity for further upside, as MCRI executes on one of the more compelling growth stories across our gaming coverage. is harrah s casino open in cherokee mountaineer casino thanksgiving

”Although casinos in Colorado and Nevada, where Monarch operates its two venues, are currently subject to capacity restrictions owing to a recent surge in coronavirus cases, the stock is higher by 6. 73 percent over the past month. Colorado KickerOne of Monarch’s two properties is its namesake venue in Black Hawk, Colo. That is expected to become a vital driver of revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) as renovations are finalized. coolcat casino reviews pa fanduel casino big fish casino email newsletter The company’s Centennial State footprint is important for other reasons, including a growing sports betting market and the recent elimination of table game bet limits. encore casino covid vaccine Doubledown Casino Number Hjzv On Election Day, voters there approved scrapping the 0 per hand cap at casinos in the state’s three gaming cities. red stag casino instant coupon 2020 Desert Diamond Casino Job Reviews Msmq

It’s a move that also provides for the addition of new table games, such as baccarat and pai-gow tiles. As a result, analysts believe Colorado gaming venues will be able to attract a more affluent clientele, and perhaps keep more Denver-area gamblers in the state amid restrictions in Lcan you gamble at 18 at pechangaas Vegas. 777 slot machine games casino for free “A changing Black Hawk market profile (more high-end rooms, more competitive table games, etc. ) could see MCRI take more share from the Denver feeder market, particularly with some gamblers wary of flying to Las Vegas,” said Wieczynski. morongo casino rules The operator is nearing completion on the 0 million worth of enhancements to its Black Hawk property. Its other venue is the Atlantis in its home market of Reno, Nev.

Monarch’s Strong FundamentalsAlthough Monarch trades at rich valuations relative to its peers, it commands those premiums due to strong fundamentals. This includes a 100 percent ownership of its real estate, meaning it has limited fixed costs and strong free cash flow prospects. running aces casino slot machines “We believe MCRI’s management team is one of the best in the business and well-aligned with shareholders,” notes Wieczynski. doubledown casino app free coins His price forecast on the shares is based on the name trading at 12x estimated 2022 adjusted EBITDA. slot powers casino That’s in