2025.11.04
 
free online slots that pay real money58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.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.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.tachi palace casino applicationOn 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.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.hollywood casino toledo ohio luckyland slots bonus codethunder valley casino buffet openWaiting 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.(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.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.online casino las vegas“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 flexibility“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.draftkings casino hours borgata casino venuechinook winds casino closure“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.Spas and salons will close starting on Monday.“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.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.free casino 5 line slots encore casino outdoor dining  |