2025.10.09
sycuan casino san diegoValley Forge is located in Montgomery County where 13 of the state’s 27 coronavirus cases have been confirmed.Pennsylvania Gaming Control Board (PGCB) spokesperson Richard McGarvey said the agency was informed by the governor’s administration that casinos fall within the entertainment category.(Image: Boyd Gaming)On Thursday, Wolf mandated that all public schools, community centers, and entertainment venues in Montgomery County be closed for two weeks because of an increase in presumptive positive cases of COVID-19.resorts casino and hotelOn a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.“The safety and well-being of our team members and customers is our utmost priority.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.riversweeps online casino at home lake tahoe casino package dealsboomtown casino numberHowever, the combination of the company’s strong balance sheet and deprcasino near me kings mountain ncessed stock prices in the industry could compel it to consider acquisitions down the road.“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.Five smaller satellite brick-and-mortar casinos are in the works.online casino real money fast payoutNearby Casinos OpenPennsylvania is home to 12 full-scale casinos.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.ears the COVID-19 pandemic is going to sap earnings and keep gamblers away.blackjack casino tricks bovada casino online usaslot games free slot gamesColorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.Pennsylvania Gaming Control Board (PGCB) spokesperson Richard McGarvey said the agency was informed by the governor’s administration that casinos fall within the entertainment category.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.The time to do this is now.“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 flexibility and the generally onerous levels of debt incurred by several of its regional operator peers, favorably positions the company to potentially execute thoughtful and accretive M&A transactions at a future date,” said the analyst.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.the santa ana casino island view casino floor plan |