2025.09.19
sycuan casino imagesThe 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-19.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.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.the foxwoods resort casino 301However, 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.Those are important traits at a time when many market observers are fearitable games at horseshoe casinong companies could face liquidity crunches if a recession arrives.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.turtle creek casino location who owns jackson rancheria casinois intertops casino down(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.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.“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 flexibilityslot machine casino locationsColorado And M&A OpportunitiesMonarch’s Black Hawk, Colo.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.Spas and salons will close starting on Monday.when did aliante casino open mgm casino online bonus codecasino near me floridaCoronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.Elsewhere, MGM has also revealed it is closing nightclubs and daytable games at horseshoe casino clubs.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.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.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.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.valley forge casino hours free casino slots please |