is thunder valley casino openCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.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.Monarch reported fiscal first-quarter results earlier this week.seminole casino flCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.(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.”We sincerely regret any inconvenience to our customers,” Marc Crisafulli, president of Twin River, was additionally quoted by the Journal.free poker ipad online

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chumba casino safeAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.“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.free slots lAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.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.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.casino quarter slot machine

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choctaw casino poker tournamentsMonarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.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.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.org.Elsewhere, MGM has also revealed it is closing nightclubs and dayriverwind casino tulsa ok clubs.“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.casino arizona