black hawk casino facebookMonarch reported fiscal first-quarter results earlier this week.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.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.hallmark casino free spins”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.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.roulette casino simulator

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draftkings casino georgia” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.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.chumba casino login zendeskElsewhere, MGM has also revealed it is closing nightclubs and day clubs.Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.property is under expansion, something viewed as an important earnings and revenue driver for the company.choctaw casino concerts 2021

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morongo casino covid 19Waiting 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.(Image: Boyd Gaming)On Thursday, Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.Pennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.Elsewhere, MGM has also revealed it is closing nightclubs and day clubs.cliff castle casino gift card