cashman casino email(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.Macau law allows for a five-year extension of that nature after an original license expires.“A changing Black Hawk market profile (more high-end rooms, more competitive table games, etc.seneca niagara casino careersThe company’s Centennial State footprint is important for other reasons, including a growing sports betting market and the recent elimination of table game bet limits.With peer-low leverage, we believe MCRI is well-positioned for opportunistic mergers and acquisitions,” said Wieczynski.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.online casino real money

little river casino update

download silver oak casinoOn Election Day, voters there approved scrapping the 0 per hand cap at casinos in the state’s three gaming cities.It’s a move that also provides for the addition of new table games, such as baccarat and pai-gow tiles.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.coushatta casino general manager“Over the last 10 months, our industry has demonstrated a willingness to work cooperatively with the Admin4.“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.mohegan sun casino youtube

opening of thunder valley casino

gambling at foxwoods4.org)Wolf announced new COVID-19 mitigationhollywood casino buffet open efforts yesterday, as new coronavirus cases and hospitalizations surge across the Commonwealth.“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.His price forecast on the shares is based on the name trading at 12x estimated 2022 adjusted EBITDA.Monarch’s Strong FundamentalsAlthough Monarch trades at rich valuations relative to its peers, it commands those premiums due to strong fundamentals.That is expected to become a vital driver of revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) as renovations are finalized.lucky tiger casino no deposit bonus australia