1 casino richmondWaiting 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.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.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.soaring eagle casino addrebColorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.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.On the acquisition front, Boyer notes some footnotes in riverwind casino tulsa okMonarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.3 casino road

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seneca niagara casino bears den(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.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.“Our top priority is the safety of Rhode Islanders.chumba casino envelopesHowever, 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.”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.“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.bet rivers casino commercial song

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mgm grand hotel casino tripadvisorSpas and salons will close starting on Monday.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.“Our top priority is the safety of Rhode Islanders.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.Elsewhere, MGM has also revealed it is closing nightclubs and dayriverwind casino tulsa ok clubs.mountaineer casino hotel rooms