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boomtown casino updateHowever, 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.While 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.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.sunset station casino grand cafeOn the acquisition front, Boyer notes some footnotes in table games at horseshoe casinoMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.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.Those are important traits at a time when many market observers are fearitable games at horseshoe casinong companies could face liquidity crunches if a recession arrives.ip casino concerts

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casino ageAmong 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.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.On the acquisition front, Boyer notes some footnotes in table games at horseshoe casinoMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.Some 150 food and beverage venues will close on a rolling basis.Monarch reported fiscal first-quarter results earlier this week.is morongo casino kid friendly

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