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support.doubledown casinoBoyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.(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.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.doubledown casino rewardsAmong 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.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.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.free online poker arkadium

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mgm casino hiringorg.Some 150 food and beverage venues will close on a rolling basis.While 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.admiral g casinoCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.Regional casino operator Boyd Gaming is closing its Valley Forge Casino Resort in King of Prussia, Pennsylvania as a result of a directive from state Gov.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.free slots jacks or better

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chinook winds casino halloweenValley Forge Casino Resort is the first coronavirus gaming victim in Pennsylvania.Spas and salons will close starting on Monday.Monarch 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.(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.call sycuan casino

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