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gold coast casino winners”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.“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 flexibilityPennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.free slot games for funAmong the Monarch catalysts highlighted by the analyst are one of the best balance sheets in its peer group, low leverage, and easy access to capital via strong cash flow and a million credit facility.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.While the company said there wasn’t a material impact from the coronavirus on those numbers, management noted that, more recently, some older visitors are opting to stay away from the Atlantis and the Black Hawk casino in Colorado because of fears of contracting the respiratory illness.sycuan casino day pab

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clearwater casino gas pricesWhile the company said there wasn’t a material impact from the coronavirus on those numbers, management noted that, more recently, some older visitors are opting to stay away from the Atlantis and the Black Hawk casino in Colorado because of fears of contracting the respiratory illness.“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.Pennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.resorts casino near me” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.black hawk casino winners

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jamul casino roulette“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attention, 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.Pennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.Monarch reported fiscal first-quarter results earlier this week.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.encore casino rooms

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