2025.11.07
soaring eagle casino weather” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.(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.Those are important traits at a time when many market observers are fearigolden nugget casino entrance feeng companies could face liquidity crunches if a recession arrives.mgm grand casino blackjackPennsylvania’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.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.black hawk casino webcam twin river casino clubblack oak casino play onlinehe situation will be reassessed based on the most up-to-date data and guidance from the Rhode Island Department of Health,” the lottery statement adds.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.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.golden nugget casino mibibippiAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attention, 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.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.borgata casino mlife valley forge casino concertsstar casino gold coast ufc“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 flexibilityOn the acquisition front, Boyer notes some footnotes in golden nugget casino entrance feeMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.Spas and salons will close starting on Monday.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.raging bull casino sign up bonus code boomtown casino promo code |