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encore casino near meWaiting 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.he situation will be reassessed based on the most up-to-date data and guidance from the Rhode Island Department of Health,” the lottery statement adds.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.paragon casino bus trips(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.“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 flexibilityWhile 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.winstar world casino job fair

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nugget casino in sparks nevadaAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.Those are important traits at a time when many market observers are feaririverwind casino tulsa okng companies could face liquidity crunches if a recession arrives.seneca niagara casino niagara falls new yorkMonarch reported fiscal first-quarter results earlier this week.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.turtle creek casino concerts

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oxford casino senior dayThe Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.“Our top priority is the safety of Rhode Islanders.On the acquisition front, Boyer notes some footnotes in riverwind casino tulsa okMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.harrah s cherokee casino resort expansion

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