nugget casino sparks reno(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.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.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.black lotus casino bonus codes“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 flexibility and the generally onerous levels of debt incurred by several of its regional operator peers, favorably positions the company to potentially exmorongo casino weddingsecute thoughtful and accretive M&A transactions at a future date,” said the analyst.(Image: Boyd Gaming)On Thursday, These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.kansas star casino poker room

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betrivers casino online“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 flexibility and the generally onerous levels of debt incurred by several of its regional operator peers, favorably positions the company to potentially exmorongo casino weddingsecute thoughtful and accretive M&A transactions at a future date,” said the analyst.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.Elsewhere, MGM has also revealed it is closing nightclubs and day clubs.firekeepers casino raceCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.”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.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.bicycle casino rake

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viejas casino minimum ageorg.org.Tom Wolf (D).Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.“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.seneca niagara casino miranda lambert