river spirit casino resort tulsaAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.Some 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.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.gold coast casino careersSpas and salons will close starting on Monday.Elsewhere, MGM has also revealed it is closing nightclubs and daygolden nugget casino entrance fee clubs.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.fanduel casino odds

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downstream casino rv park joplin moThe Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.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.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.seneca niagara resort casino 4 out of 5Elsewhere, MGM has also revealed it is closing nightclubs and daygolden nugget casino entrance fee clubs.”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.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.borgata casino towels

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firekeepers casino rv parkingCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.(Image: YouTube)On Friday, shares of the operator of the Atlantis Casino-Resort in Reno, Nevada surged on more than triple the average daily volume, taking a bite out of what had been a March decline of more than 61 percent, after Stifel analyst Brad Boyer dubbed that selloff “irrational.Pennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.“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.”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.casino no deposit bonus 10 free