seven feathers casino rv resort(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.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.winstar world casino capacityElsewhere, MGM has also revealed it is closing nightclubs and dayriverwind casino tulsa ok clubs.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.Pennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.draftkings casino free credits

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black bear casino reviewsCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.casino l auberge“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 flexibilitySome 150 food and beverage venues will close on a rolling basis.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.doubledown casino mod apk

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online casino las atlantisWaiting 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.”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.Spas and salons will close starting on Monday.”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.“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 flexibilityWhile 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.coushatta casino places to eat