2025.12.15
clearwater casino appRegional gaming company Monarch Casino & Resort (NASDAQ:MCRI) is a solid performer this year, jumping 11.(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 16.73 percent over the past month.peppermill casino steakhouseAs a result, analysts believe Colorado gaming venues will be able to attract a more affluent clientele, and perhaps keep more Denver-area gamblers in the state amid restrictions in Las Vegas.Macau law allows for a five-year extension of that nature after an original license expires.“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.thunder valley casino bus free casino slots sun and moonborgata casino bonus codes(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 16.10 percent amid a challenging operating environment.10 percent amid a challenging operating environment.riverwind casino fireworks 2020On Election Day, voters there approved scrapping the 0 per hand cap at casinos inbrian christopher slots karate kid the state’s three gaming cities.Monarch’s Strong FundamentalsAlthough Monarch trades at rich valuations relative to its peers, it commands those premiums due to strong fundamentals.The 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.free online slots fluffy too mountaineer casino west virginia weatherharrah s cherokee casinosIts other venue is the Atlantis in its home market of Reno, Nev.Another option, particularly if it appears likely the process will extend beyond 2022, is simply for the SAR to re-up the permits under current terms for two or three years.His price forecast on the shares is based on the name trading at 12x estimated 2022 adjusted EBITDA.ee operators’ plans for post-coronavirus recovery and gauge the veracity of that rebound when the virus is ultimately vanquished.Its other venue is the Atlantis in its home market of Reno, Nev.) could see MCRI take more share from the Denver feeder market, particularly with some gamblers wary of flying to Las Vegas,” said Wieczynski.casino dealer hallmark casino complaints |