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bellagio italy casino royaleOn a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.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.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.cashman casino mod apkMonarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.”We sincerely regret any inconvenience to our customers,” Marc Crisafulli, president of Twin River, was additionally quoted by the Journal.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.eldorado casino reno buffet valley forge casino ballroomis seneca niagara casino open yetAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.coushatta casino poolColorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.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.“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.no deposit bonus casino india 2021 encore casino free parkingoxford casino reservationsHowever, 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.“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.“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 flexibilityWaiting 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 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.desert diamond casino owner scarlet pearl casino waterfront buffet |