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3 casino road marino“Our top priority is the safety of Rhode Islanders.org.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.peppermill casino wendoverWhile 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.(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.However, the combination of the company’s strong balance sheet and depressed stock prices in the industry could compel it to consider acquisitions down the road.red stag casino free bonus codes u casino de paolafree casino slots canadaMonarch reported fiscal first-quarter results earlier this week.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.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.online mgm casino” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.org.fanduel casino withdrawal encore casino reviewsblack bear casino resort minnesota 210 carlton mnSome 150 food and beverage venues will close on a rolling basis.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.Among 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.”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.On the acquisition front, Boyer notes some footnotes in table games at horseshoe casinoMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.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.palace station casino in las vegas borgata casino floor map |