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map of golden nugget casinoSome 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.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.blackjack at casino rulesSpas and salons will close starting on Monday.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.paragon casino christmas extravaganza

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choctaw oklahoma casinoWaiting 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.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.(Image: Boyd Gaming)On Thursday, online casino quick payoutMonarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.property is under expansion, something viewed as an important earnings and revenue driver for the company.On the acquisition front, Boyer notes some footnotes in Monarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.free casino slot games no sign in

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palace station casino bingoPennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.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.ohegan Sun and Foxwoods Resorts Casino remain open.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.resorts casino room rates

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