sunset station casino arcade“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.(Image: Boyd Gaming)On Thursday, Wolf mandated that all public schools, community centers, and entertainment venues in Montgomery County be closed for two weeks because of an increase in presumptive positive cases of COVID-19.Monarch reported fiscal first-quarter results earlier this week.golden nugget casino in laughlinOn the acquisition front, Boyer notes some footnotes in Monarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.In early March, the Wildhorse Resort & Casino in Oregon suspended operations after an employee tested COVID-19 positive.“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 flexibility and the generally onerous levels of debt incurred by several of its regional operator peers, favorably positions the company to potentially execute thoughtful and accretive M&A transactions at a future date,” said the analyst.firekeepers casino camping

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foxwoods resort casino connecticut usa”The governor continued, “We all need to do our part to help stop the spread of the coronavirus.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.Valley Forge Casino Resort is the first coronavirus gaming victim in Pennsylvania.drake casino no deposit bonus codes july 2020The time to do this is now.Regional casino operator Boyd Gaming is closing its Valley Forge Casino Resort in King of Prussia, Pennsylvania as a result of a directive from state Gov.Starting in February, Boyd Gaming has been following stringent CDC-recommended protocols at its propertiemorongo casino foods nationwide, including frequent handwashing by team members, increased placement of hand sanitizers, and increased sanitation of frequently-touched surfaces,” Boyd said in a statement.play free slots

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soaring eagle casino barHeadquartered in Las Vegas, Boyd Gaming owns and operates 29 casinos in 10 states.Tom Wolf (D).On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.Pennsylvania Gaming Control Board (PGCB) spokesperson Richard McGarvey said the agency was informed by the governor’s administration that casinos fall within the entertainment category.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.In early March, the Wildhorse Resort & Casino in Oregon suspended operations after an employee tested COVID-19 positive.bovada casino app