2025.09.19
boomtown casino and hotel bobier cityHowever, 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.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.Waiting 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.online casino no deposit”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.Waiting 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.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.chumba casino 1 slotomania free gamesstar casino gold coast units for sale”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.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.santa ana casino concertshe situation will be reassessed based on the most up-to-date data and guidance from the Rhode Island Department of Health,” the lottery statement adds.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.casino 7 games liberty slots sign infoxwoods resort casino capacityWaiting 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.“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 flexibilityThose are important traits at a time when many market observers are feaririverwind casino tulsa okng companies could face liquidity crunches if a recession arrives.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.Elsewhere, MGM has also revealed it is closing nightclubs and dayriverwind casino tulsa ok clubs.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.table games at mohawk casino hallmark casino mobile |