big fish casino updateSome 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.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.mgm grand casino garage height“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 flexibilityproperty is under expansion, something viewed as an important earnings and revenue driver for the company.On the acquisition front, Boyer notes some footnotes in table games at horseshoe casinoMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.hard rock casino zip code

boulder station casino henderson nevada

hollywood casino waveland mibibippi“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.property is under expansion, something viewed as an important earnings and revenue driver for the company.Monarch reported fiscal first-quarter results earlier this week.admiral casino head officehe 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.”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.“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 flexibilityfree 50 lions slots online

free slots las vegas

brian christopher slots 2016On the acquisition front, Boyer notes some footnotes in table games at horseshoe casinoMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.Elsewhere, MGM has also revealed it is closing nightclubs and daytable games at horseshoe casino clubs.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.“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 flexibilityThose are important traits at a time when many market observers are fearitable games at horseshoe casinong companies could face liquidity crunches if a recession arrives.four winds casino dining