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choctaw casino stigler stigler ok 74462Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.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.drake parq casino(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.”We sincerely regret any inconvenience to our customers,” Marc Crisafulli, president of Twin River, was additionally quoted by the Journal.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.mountaineer casino owner

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seminole casino coconut creekorg.“Our top priority is the safety of Rhode Islanders.Spas and salons will close starting on Monday.is cliff castle casino pet friendly“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 a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.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.resorts casino restaurants

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slot v casino review58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.On 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.Monarch reported fiscal first-quarter results earlier this week.Some 150 food and beverage venues will close on a rolling basis.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.“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.winstar world casino oklahoma phone number

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