2025.09.13
casino vegas” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.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.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.raging bull no bonus codesOn a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.Some 150 food and beverage venues will close on a rolling basis.hard rock casino and hotel wheatland ca 95692 fanduel casino promotionraging bull casino mobile no deposit bonus codesSpas and salons will close starting on Monday.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.Those are important traits at a time when many market observers are fearigolden nugget casino entrance feeng companies could face liquidity crunches if a recession arrives.casino coffee table roulette(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.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.”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.boomtown casino biloxi employment mgm grand casino detroit phone numberruby slots no deposit bonus codes may 2021property is under expansion, something viewed as an important earnings and revenue driver for the company.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.”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.”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.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.online casino trafficking free slot machines no sign up |