2025.11.08
live casino.co.zaSome 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.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.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.casino yahtzeeThe 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.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.Pennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.big fish casino gambling wild horse pab casino transportationfree slot play 5000 slots machinesSome 150 food and beverage venues will close on a rolling basis.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.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.jackson rancheria casino buffet hours”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.cache creek casino is open coushatta casino kinder la reviewsbig fish casino google play“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.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.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.Some 150 food and beverage venues will close on a rolling basis.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.san manuel casino online slots casino near me houma la |