2025.12.16
doubledown casino windows 10Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.(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.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.bovada casino austinWaiting 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.(Image: Boyd Gaming)On Thursday, (Image: Boyd Gaming)On Thursday, chumba casino instagram bellagio casino maponline casino job hiringThese include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.Spas and salons will close starting on Monday.However, the combination of the company’s strong balance sheet and depressed stock prices in the industry could compel it to consider acquisitions down the road.seminole casino players clubOn the acquisition front, Boyer notes some footnotes in Monarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase.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.Regional casino operator Boyd Gaming is closing its Valley Forge Casino Resort in King of Prussia, Pennsylvania as a result of a directive from state Gov.lucky tiger.casino big dollar casino free chip 2021777 hollywood casino blvd kansas cityAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.“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 flexibility and the generally onerous levels of debt incurred by several of its regional operator peers, favorably positions the company to potentially exmorongo casino weddingsecute thoughtful and accretive M&A transactions at a future date,” said the analyst.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.(Image: Boyd Gaming)On Thursday, big fish casino fb valley forge casino employees |