south lake tahoe casino entertainment calendar“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.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 Native American gaming property reopened just two days later after being recertified for occupancy by local, state, and tribal health officials.slot machine casino in floridaIn early March, the Wildhorse Resort & Casino in Oregon suspended operations after an employee tested COVID-19 positive.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.property is under expansion, something viewed as an important earnings and revenue driver for the company.casino extreme app

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raging bull casino emailBoyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.The Native American gaming property reopened just two days later after being recertified for occupancy by local, state, and tribal health officials.The time to do this is now.casino near me eventsHowever, the combination of the company’s strong balance sheet and depr3 dice casino no deposit bonusessed stock prices in the industry could compel it to consider acquisitions down the road.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.Five smaller satellite brick-and-mortar casinos are in the works.riversweeps online casino game

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twin river casino covidRegional 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.Starting in February, Boyd Gaming has been following stringent CDC-recommended protocols at its propertie3 dice casino no deposit bonuss nationwide, including frequent handwashing by team members, increased placement of hand sanitizers, and increased sanitation of frequently-touched surfaces,” Boyd said in a statement.”The governor continued, “We all need to do our part to help stop the spread of the coronavirus.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.Casino ClosuresValley Forge is the first casino in Pennsylvania to close as a result of the global pandemic, but not in the country.In early March, the Wildhorse Resort & Casino in Oregon suspended operations after an employee tested COVID-19 positive.boulder station casino jobs