olive casino epiphone(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.Elsewhere, MGM has also revealed it is closing nightclubs and daygolden nugget casino entrance fee clubs.Spas and salons will close starting on Monday.does draftkings have a casinoSpas and salons will close starting on Monday.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.Pennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.is chinook winds casino open today

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palace station casino henderson nvAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.However, 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.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.casino near me minnesota”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.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.encore casino memoire

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casino golden palace on lineSome 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.”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.“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.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.org.“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.island view casino fireworks