gta v casino heistMonarch reported fiscal first-quarter results earlier this week.(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.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.free slot spin games” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.On the acquisition front, Boyer notes some footnotes in Monarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.Some 150 food and beverage venues will close on a rolling basis.morongo casino pool pab

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poker casino aucklandThe Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.Spas and salons will close starting on Monday.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.more at mountaineer casinoThese include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.org.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.cache creek casino in brooks california

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7 47 live casinoAmong 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.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.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.property is under expansion, something viewed as an important earnings and revenue driver for the company.Elsewhere, MGM has also revealed it is closing nightclubs and day clubs.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.hard rock casino concerts