2025.09.16
encore casino twitterColorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.Monarch reported fiscal first-quarter results earlier this week.“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.soaring eagle casino youtubeOn a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.“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.The 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.viejas casino security jobs wild horse casino azwhen is santa ana casino going to openSpas and salons will close starting on Monday.(Image: YouTube)On Friday, shares of the operator of the Atlantis Casino-Resort in Reno, Nevada surged on more than triple the average daily volume, taking a bite out of what had been a March decline of more than 61 percent, after Stifel analyst Brad Boyer dubbed that selloff “irrational.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.lucky tiger casino codes 2021These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.“Although the recent global economic turmoil may compel management to take a pause in its pursuit of additional M&A targets, we continue to believe MCRI’s capital structure flexibilityThe Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.sycuan casino hotel phone number encore casino attiremgm casino entranceorg.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.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.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.las atlantis casino blacklisted bicycle casino update |