hard rock casino and hotelWaiting 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.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.Some 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.free slot games with free spinsSome 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 sincerely regret any inconvenience to our customers,” Marc Crisafulli, president of Twin River, was additionally quoted by the Journal.Waiting 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.free slots games online no download

johnny rockets cliff castle casino

gold coast casino near las vegas nvSpas and salons will close starting on Monday.Spas and salons will close starting on Monday.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.chukchansi gold resort casino weatherWhile 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.“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.Some 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.fanduel online casino virginia

sycuan casino night swim

cool cat casino mobileElsewhere, MGM has also revealed it is closing nightclubs and daygolden nugget casino entrance fee clubs.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.Monarch reported fiscal first-quarter results earlier this week.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.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.“Our top priority is the safety of Rhode Islanders.liberty slots promo codes