cliff castle casino promotions(Image: Reno Gazette-Journal)In a note to clients, Stifel analyst Steven Wieczynski restarts coverage of Monarch with a “buy” rating and a price target, implying upside of 16.It’s possible “licenses are renewed at favorable terms, including no change in tax rates, manageable concession payments, and reasonable non-gaming capital expenditure mandates,” according to Macquarie.66 percent from the Dec.borgata online casino pa promo codeNaturally, the gaming industry isn’t happy about it.He acknowledges that there’s some near-term risk with the stock, but adds investors should focus on the post-vaccine climate, where the operator is well-positioned.It’s a move that also provides for the addition of new table games, such as baccarat and pai-gow tiles.doubledown casino 2

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silver oak casino bonus codes 202173 percent over the past month.“We believe MCRI’s management team is one of the best in the business and well-aligned with shareholders,” notes Wieczynski.Macau Could Renew PermitsIf Macau policymakers opt to renew gaming permits under the above scenario, it’s probable the outcome would be a 10-year licensing period, not 20 years.cache creek casino mini mart“While MCRI boasts a premium valuation, we see opportunity for further upside, as MCRI executes on one of the more compelling growth stories across our gaming coverage.) could see MCRI take more share from the Denver feeder market, particularly with some gamblers wary of flying to Las Vegas,” said Wieczynski.The operator is nearing completion on the 0 million worth of enhancements to its Black Hawk property.6114 online casino

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blackjack casino jackpots.chTom Wolf (D) has ordered the state’s 13 casinos to close their doors for q store downstream casinoa little more than three weeks.“Renewing licenses after a full GGR [gross gaming revenue] recovery would offer policymakers more bargaining power (specifically over non-gaming capital expenditure),” according to Macquarie.66 percent from the Dec.With peer-low leverage, we believe MCRI is well-positioned for opportunistic mergers and acquisitions,” said Wieczynski.The operator is nearing completion on the 0 million worth of enhancements to its Black Hawk property.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.twin river casino jackpot winners