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resorts casino east chicagoCoronavirus 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.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.casino oxford street londonThose are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.(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.no deposit real money casino bonus codes

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4 slot casinoColorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.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.resorts casino entertainmentThose are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.Elsewhere, MGM has also revealed it is closing nightclubs and day clubs.Elsewhere, MGM has also revealed it is closing nightclubs and day clubs.thunder valley casino blackjack

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free slot game silent samuraiThe 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.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.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.On 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.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.Monarch reported fiscal first-quarter results earlier this week.party poker online casino nj

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