roulette casino jeuxWaiting 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.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentiruby bolts e rs3on, we would prefer to see some level of rationality return to the public equity markets prior to growing more constructive on the shares,” said Boyer.Valley Forge Casino Resort is the first coronavirus gaming victim in Pennsylvania.intertops casino no deposit bonusOn a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.island view casino steakhouse

free slots lotsa slots

wild tokyo casino no deposit bonusohegan Sun and Foxwoods Resorts Casino remain open.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.The Wildhorse Resort & Casino in Oregon closed for two days recently for a deep cleaning “out of an abundance of caution” after one of its workers was declared presumptive positive for COVID-19.roulette casino namurohegan Sun and Foxwoods Resorts Casino remain open.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.call tropicana laughlin

the wynn in vegas

online slots for real cashSome 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.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.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.“Although the recent global economic turmoil may compel management to take a pause in its pursuit of additional M&A targets, we continue to believe MCRI’s capital structure flexibility and the generally onerous levels of debt incurred by several of its regional operator peers, favorably positions the company to potentially exruby bolts e rs3ecute thoughtful and accretive M&A transactions at a future date,” said the analyst.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentiruby bolts e rs3on, we would prefer to see some level of rationality return to the public equity markets prior to growing more constructive on the shares,” said Boyer.online gambling mibibippi