2025.11.02
black bear casino rouletteAtlantis owner Monarch Casino could be a regional gaming winner.That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.slot casino appsThat updated conditions still excluded many small casinos throughout the country.”The company is trying to get a temporary certificate of occupancy from the town of Black Hawk.But this week, Congress apprcontrols at the bellagio casino resort harrah s cherokee casino locationpechanga casino resort hotel“We are pleased that the new regulatory guidelines released today make small gaming companies eligible for this critical program just as Congress has replenished its funding,” Miller added.Small casinos are now eligible for the federal government’s Payroll Protection Program.For the first three months of the year, the regional gaming operator earned 11 cents a share on revenue of .four winds casino valet parkingSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.01 million.Selling real estate to boost cash holdings is common in the gaming industry.free slots elephant king seminole casino hotelfree slot machines on your phoneThe impact of the coronavirus closures on Monarch’s top and bottom lines is evident, as highlighted by the company’s first-quarter results revealed earlier this week.(Image: YouTube)The Reno-based company owns just two casinos – the Atlantis Casino-Resort in its home market and the Monarch Casino Black Hawk in the Colorado town of the same name.2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.Analysts and investors view Monarch’s Centennial State property as integral to the operator’s efforts to increase revenue and cash flow.In addition to owning all of its real estate, MCRI had one of the best balance sheets in gaming, coming into the pandemic with 2.free slot machines flaming crates online slots real cash |