cliff castle casino logo” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.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 a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.hard rock hotel casino lake tahoe phone numberMonarch reported fiscal first-quarter results earlier this week.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.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.poker horseshoe casino

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hard rock casino s lake tahoeAmong 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.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentiruby bolts e rs3on, 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.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentiruby bolts e rs3on, 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.best free slot games 2020Tom Wolf (D).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.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.cache creek casino employment

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black bear casino phone numberAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.org.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.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.real money usa online casinos