2025.12.17
download club player casinoThe Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentibovada casino payouton, 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.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.how to withdraw money from borgata online casinoPennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.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.(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.seneca niagara casino hotel chinook winds casino wikiscommebe e casino online” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.org.org.lake tahoe casino picturesSome 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.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentibovada casino payouton, 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.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 poker games casino style slots kansas star casino america concerthard rock hotel casino lake tahoe pet policyWhile 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.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.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.The 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.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.no deposit bonus casino grand bay black bear casino near duluth mn |