slot era casinoAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.property is under expansion, something viewed as an important earnings and revenue driver for the company.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.sunset station casino cafePennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.Spas and salons will close starting on Monday.“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.caesar casino online

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chumba casino arizonaAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.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.club player casino 100 no deposit bonusAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.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.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.nearest casino open

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chinook winds casino careers(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.Spas and salons will close starting on Monday.“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.Monarch reported fiscal first-quarter results earlier this week.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.The Wildhorse Resort & Casino in Oregon closed for two days recently for a deep cleaning “out of an abundance of caution” after one of its workers was declared presumptive positive for COVID-19.doubledown casino problems