2025.11.09
casino n b hotelColorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.Those are important traits at a time when many market observers are fearigolden nugget casino entrance feeng companies could face liquidity crunches if a recession arrives.casino blackjack winning percentage“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.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.borgata casino promotions big dollar casino free chip codesjosh gates mohegan sun casinoproperty is under expansion, something viewed as an important earnings and revenue driver for the company.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.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.fanduel casino njAmong 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.”We sincerely regret any inconvenience to our customers,” Marc Crisafulli, president of Twin River, was additionally quoted by the Journal.Elsewhere, MGM has also revealed it is closing nightclubs and daygolden nugget casino entrance fee clubs.harrah s cherokee casino sports betting is hard rock casino tulsa pet friendlycashman casino for pcThese include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.org.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.Waiting For Cooler Heads to PrevailEntering Friday, gaming stocks were under intense selling pressure this month as investors bailed on the group amid fears the COVID-19 pandemic is going to sap earnings and keep gamblers away.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.Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone.online gambling real money michigan bovada sister casino |