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island resort and casino additionIt wasn’t all due to the coronavirus.Then the coronavirus pandemic struck, sending gaming equities tumbling.Investopedia explains that Chapter 15, a section of the US Bankruptcy Code, is a bankruptcy filing that has mechanisms designed “to foster a cooperative environment in international insolvencies.wild horse pab casino floor planended live entertainment — the company is now being forced into bankruptcy protection.(Image: AP News)In a note to clients earlier today, Stifel analyst Steven Wieczynski reiterated a “buy” rating on the regional gaming company, while boosting his price forecast to from .Our long-term bullish thesis around the ERI story has not changed at all,” said the analyst.valley forge casino facebook river spirit casino addreblucky tiger casino canada(Image: AP News)In a note to clients earlier today, Stifel analyst Steven Wieczynski reiterated a “buy” rating on the regional gaming company, while boosting his price forecast to from .A press release today announced the news that Cirque du Soleil Entertainment Group has filed for protection from its creditors under the Companies’ Creditors Arrangement Act (CCAA) in Quebec.”The Monday rebound for ERI stock comes after the name bled almost 14 percent last week, as gaming equities were pummeled by a resurgence in coronavirus cases.liberty slots free spins for existing players“While there might not be a linear path to triple-digit land, given there could be some rocky trading patterns in the near-term until the COVID-19 noise/overhang dissipates, we have even mgm grand casinomore conviction in management’s CZR synergy opportunity, as well as the free cash flow (FCF) potential of the combined entity,” said the analyst.”All 44 of Cirque’s global shows were shut down in March.It wasn’t all due to the coronavirus.slot zone casino lake tahoe vs reno casinosjamul casino mapAnd Cirque shows appeal to a wide range of visitors.Conviction Aplenty Wieczynski acknowledges that Eldorado’s path to the 0 club probably won’t be smooth.The company expanded rapidly during the 1990s and 2000s and made its way to the Las Vegas Strip in 1992 with Nouvelle Experience at The Mirage.Financial DemiseCirque du Soleil is a Montreal-based private company that traces its origins back to 1984 when street performers Guy Laliberte and Gilles Ste-Croix formed a troupe of some 20 performers.The Federal Trade Commission (FTC) signed off on that deal last week.“While there might not be a linear path to triple-digit land, given there could be some rocky trading patterns in the near-term until the COVID-19 noise/overhang dissipates, we have even mgm grand casinomore conviction in management’s CZR synergy opportunity, as well as the free cash flow (FCF) potential of the combined entity,” said the analyst.free slots casino royale call twin river casino |