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resorts casino tunicaThe impact of the coronavirus closures on Monarch’s top and bottom lines is evident, as highlighted by the company’s first-quarter results revealed earlier this week.That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.After being pressed by the gaming industry, the SBA amended the PPP regulations to permit companies that generate up to half of their income from gaming.big fish casino gold barsThat diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.Small casinos are now eligible for the federal government’s Payroll Protection Program.“This provides the company with ample liquidity to weather the storm and emerge from the pandemic in a favorable position to be opportunistic and potentially consolidate smaller, less well-capitalized operators at attractive prices,” he said.p street casino miami oklahoma

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coolcat no deposit codeAnalyst Sees Lots to LikeWhile Monarch confronts the same coronavirus headwinds as its larger rivals, DeCree believes the company’s strong balance sheet is an advantage.Analysts and investors view Monarch’s Centennial State property as integral to the operator’s efforts to increase revenue and cash flow.Wall Street was expecting earnings of 29 cents on turnover of .34 million.The impact of the coronavirus closures on Monarch’s top and bottom lines is evident, as highlighted by the company’s first-quarter results revealed earlier this week.Monarch CEO John Farahi said the COVID-19 outbreak is slowing some of the company’s construction plans in Colorado, “and we do not yet have a definitive timeline for the property opening.free keno video slot machines