olive casino“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.Monarch reported fiscal first-quarter results earlier this week.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.little river casino myrtle beachThe 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.property is under expansion, something viewed as an important earnings and revenue driver for the company.property is under expansion, something viewed as an important earnings and revenue driver for the company.peppermill reno casino floor

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chumba casino no deposit bonus codes 2021Some 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.Monarch reported fiscal first-quarter results earlier this week.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 online respin slotsCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.(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.”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.casino near me hotel

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owner of cache creek casinohe situation will be reassessed based on the most up-to-date data and guidance from the Rhode Island Department of Health,” the lottery statement adds.Monarch reported fiscal first-quarter results earlier this week.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.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.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.“Our top priority is the safety of Rhode Islanders.island resort and casino in michigan