2025.12.18
hard rock casino lake tahoe room service menuMonarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.firekeepers casino table gamesSpas and salons will close starting on Monday.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.Tom Wolf (D).seven feathers casino directions online casino real money ohiolas atlantis casino no deposit code“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentimorongo casino weddingson, 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.Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.Elsewhere, MGM has also revealed it is closing nightclubs and day clubs.peppermill casino.comBoyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.Spas and salons will close starting on Monday.property is under expansion, something viewed as an important earnings and revenue driver for the company.mgm grand casino detroit riverwind casino video pokerfour winds casino labor dayMonarch reported fiscal first-quarter results earlier this week.Monarch reported fiscal first-quarter results earlier this week.ohegan Sun and Foxwoods Resorts Casino remain open.”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.property is under expansion, something viewed as an important earnings and revenue driver for the company.Spas and salons will close starting on Monday.pechanga hotel casino boomtown casino keno |