jackson rancheria casino newsJust hours before Wolf’s latest directive, nine representatives from Pennsylvania casinos wrote the governor urging him to allow the casinos to remain open.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.66 percent from the Dec.lucky creek slots(Image: Reno Gazette-Journal)In a note to clients, Stifel analyst Steven Wieczynski restarts coverage of Monarch with a “buy” rating and a price target, implying upside of 16.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.Regional gaming company Monarch Casino & Resort (NASDAQ:MCRI) is a solid performer this year, jumping 11.blackjack online las vegas

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draftkings casino lobback promotion“While MCRI boasts a premium valuation, we see opportunity for further upside, as MCRI executes on one of the more compelling growth stories across our gaming coverage.Just hours before Wolf’s latest directive, nine representatives from Pennsylvania casinos wrote the governor urging him to allow the casinos to remain open.“While MCRI boasts a premium valuation, we see opportunity for further upside, as MCRI executes on one of the more compelling growth stories across our gaming coverage.free slot roulette gameThe company’s Centennial State footprint is important for other reasons, including a growing sports betting market and the recent elimination of table game bet limits.Casinos with COVID-19 safeguards in Pennsylvania must close, but unregulated “skill gaming” machines in convenience stores will likely remain on during the latest shutdown.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.island view casino check out time

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free slot machines play now(Image: Casino.He acknowledges that there’s somhollywood casino buffet opene near-term risk with the stock, but adds investors should focus on the post-vaccine climate, where the operator is well-positioned.“We believe MCRI’s management team is one of the best in the business and well-aligned with shareholders,” notes Wieczynski.Macau law allows for a five-year extension of that nature after an original license expires.Just hours before Wolf’s latest directive, nine representatives from Pennsylvania casinos wrote the governor urging him to allow the casinos to remain open.”Although casinos in Colorado and Nevada, where Monarch operates its two venues, are currently subject to capacity restrictions owing to a recent surge in coronavirus cases, the stock is higher by 6.liberty slots monthly bonus