2025.12.15
seneca niagara casino new yorkAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdmorongo casino weddingsone.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.Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.choctaw casino moviesohegan Sun and Foxwoods Resorts Casino remain open.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.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.mohegan sun casino fireworks thunder valley casino mlifemohegan sun casino mohegan sun boulevard uncasville ctAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.The Illinois Gaming Board ordered each of the state’s 10 casinos to close for two weeks, according to news reports.Valley Forge Casino Resort is the first coronavirus gaming victim in Pennsylvania.casino n.s.wSpas and salons will close starting on Monday.property is under expansion, something viewed as an important earnings and revenue driver for the company.Spas and salons will close starting on Monday.live casino bet 777 7 slots live casinotable de poker casino bordeauxPennsylvania’s Valley Forge Casino Resort was temporarily closed by Boyd Gaming, and several other Pennsylvania casinos are also closing.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.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.Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.Some 150 food and beverage venues will close on a rolling basis.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.triple 7 slot machine casino draftkings casino no deposit bonus |