desert diamond casino 9431 w northern ave(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.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.Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.clearwater casino breakfastBoyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.Elsewhere, MGM has also revealed it is closing nightclubs and day clubs.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.casino soaring eagle

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angel of the winds casino birthday promotionsRegional 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.Some 150 food and beverage venues will close on a rolling basis.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.slot king casino no depositAmong 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.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdruby bolts e rs3one.“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 exruby bolts e rs3ecute thoughtful and accretive M&A transactions at a future date,” said the analyst.peppermill casino hot august nights

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cashman casino bonus codes”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.org.(Image: Boyd Gaming)On Thursday, Valley Forge Casino Resort is the first coronavirus gaming victim in Pennsylvania.(Image: Boyd Gaming)On Thursday, scarlet pearl casino spa