2025.09.15
download raging bull casinoDealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.”The company is trying to get a temporary certificate of occupancy from the town of Black Hawk.bicycle casino openSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.”The company is trying to get a temporary certificate of occupancy from the town of Black Hawk.hard rock casino dreb code mgm casino springfield hoursonline gambling georgia”The company is trying to get a temporary certificate of occupancy from the town of Black Hawk.But analysts are divided on whether the moves are practical.Monarch CEO John Farahi said the COVID-19 outbreak is slowing some of the company’s construction plans in Colorado, “and we do not yet have a definitive timeline for the property opening.directions to mohegan sun casino poconosWall Street was expecting earnings of 29 cents on turnover of .2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.(Image: YouTube)The Reno-based company owns just two casinos – the Atlantis Casino-Resort in its home market and the Monarch Casino Black Hawk in the Colorado town of the same name.borgata casino promotions clearwater casino facebookto harrah s casinoThe impact of the coronavirus closures on Monarch’s top and bottom lines is evident, as highlighted by the company’s first-quarter results revealed earlier this week.Analyst Sees Lots to LikeWhile Monarch confronts the same coronavirus headwinds as its larger rivals, DeCree believes the company’s strong balance sheet is an advantage.That updated conditions still excluded many small casinos throughout the country.Analysts and investors view Monarch’s Centennial State property as integral to the operator’s efforts to increase revenue and cash flow.Analyst Sees Lots to LikeWhile Monarch confronts the same coronavirus headwinds as its larger rivals, DeCree believes the company’s strong balance sheet is an advantage.Small casinos are now eligible for the federal government’s Payroll Protection Program.el dorado casino reno reservations twin river casino website |