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mgm casino free playMonarch’s Strong FundamentalsAlthough Monarch trades at rich valuations relative to its peers, it commands those premiums due to strong fundamentals.Monarch’s Strong FundamentalsAlthough Monarch trades at rich valuations relative to its peers, it commands those premiums due to strong fundamentals.Colorado KickerOne of Monarch’s two properties is its namesake venue in Black Hawk, Colo.soaring eagle casino restaurantsorg)Wolf announced new COVID-19 mitigation efforts yesterday, as new coronavirus cases and hospitalizations surge across the Commonwealth.His price forecast on the shares is based on the name trading at 12x estimated 2022 adjusted EBITDA.As a result, analysts believe Colorado gaming venues will be able to attract a more affluent clientele, and perhaps keep more Denver-area gamblers in the state amid restrictions in Las Vegas.blackjack online card counter

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online gambling 2021org)Wolf announced new COVID-19 mitigation efforts yesterday, as new coronavirus cases and hospitalizations surge across the Commonwealth.“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.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.”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.He acknowledges that there’s some near-term risk with the stock, but adds investors should focus on the post-vaccine climate, where the operator is well-positioned.“A changing Black Hawk market profile (more high-end rooms, more competitive table games, etc.casino360

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