aliante casino vegasThe Union Gaming analyst has a “buy” rating on Monarch running aces casino slot machinesstock, with a price target of , implying upside of 45 percent from Thursday’s close.But analysts are divided on whether the moves are practical.Atlantis owner Monarch Casino could be a regional gaming winner.santa ana casino hotel2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.Those in favor of liquidating casino property holdings argue operators aren’t real estate companies, and selling property creates a near-term influx of capital while moving risk off the balance sheet.01 million.slotocash casino download

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reopening of black hawk casinosThe initial 9 billion in PPP funding has already been exhausted.2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.Analyst Sees Lots to LikeWhile Monarch confronts the same coronavirus headwinds as its larger rivals, DeCree believes the company’s strong balance sheet is an advantage.soaring eagle casino hoursA caveat in the initial bill excluded companies that derive more than one-third of their revenue from gambling.Analyst Sees Lots to LikeWhile Monarch confronts the same coronavirus headwinds as its larger rivals, DeCree believes the company’s strong balance sheet is an advantage.Conversely, those that don’t favor real estate sales as a means of boosting cash say the move creates a new liability for the seller in the form of what are usually lengthy leases.admiral casino durham

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draftkings casino promo code reddit(Image: YouTube)The Reno-based company owns just two casinos – the Atlantis Casino-Resort in its home market and the Monarch Casino Black Hawk in the Colorado town of the same name.“This provides the company with ample liquidity to weather the storm and emerge from the pandemic in a favorable position to be opportunistic and potentially consolidate smaller, less well-capitalized operators at attractive prices,” he said.Atlantis owner Monarch Casino could be a regional gaming winner.After being pressed by the gaming industry, the SBA amended the PPP regulations to permit companies that generate up to half of their income from gaming.(Image: YouTube)The Reno-based company owns just two casinos – the Atlantis Casino-Resort in its home market and the Monarch Casino Black Hawk in the Colorado town of the same name.That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.events at wild horse pab casino