Caesar Casino No Deposit Bonus Codes g to Macquarie. Downstream Casino Buffet Lnzn Macau Could Renew PermitsIf Macau policymakers opt to renew gaming permits under the above scenario, it’s probable the outcome would be a 10-year licensing period, not 20 years. sycuan casino winners Another option, particularly if it appears likely the process will extend beyond 2022, is simply for the SAR to re-up the permits under current terms for two or three years. Blackjack Casino Offers Jsob Macau law allows for a five-year extension of that nature after an original license expires. Letting the process drag out potentially works in favor of the SAR government because it buys time for post-pandemic recovery to materialize. thunder valley casino kidnapping “Renewing licenses after a full GGR [gross gaming revenue] recovery would offer policymakers more bargaining power (specifically over non-gaming capital expenditure),” according to Macquarie. fanduel casino legal states Morongo Casino Jobs Available Qsbx Las Vegas Sands and Galaxy Entertainment are the two largest Macau operators by market share.

Regional gaming company Monarch Casino & Resort (NASDAQ:MCRI) is a solid performer this year, jumping 11. 10 percent amid a challenging operating environment. seminole casino bingo blackjack casino channel 5 One analyst likes the upside offered by the name as vaccines come to market. Monarch’s Atlantis in Reno, Nevada. An analyst is bullish on the stock, citing multiple tailwinds. (Image: Reno Gazette-Journal)In a note to clients, Stifel analyst Steven Wieczynski restarts coverage of Monarch with a “buy” rating and a price target, implying upside of 16. 66 percent from the Dec.

Key Insights and Expert Analysis

10 close. raging bull casino no deposit bonus codes 2021 australia He acknowledges that there’s somthe twin river casinoe near-term risk with the stock, but adds investors should focus on the post-vaccine climate, where the operator is well-positioned. admiral casino active reward With peer-low leverage, we believe MCRI is well-positioned for opportunistic mergers and acquisitions,” said Wieczynski. downstream casino covid 19 “While MCRI boasts a premium valuation, we see opportunity for further upside, as MCRI executes on one of the more compelling growth stories across our gaming coverage. ”Although casinos in Colorado and Nevada, where Monarch operates its two venues, are currently subject to capacity restrictions owing to a recent surge in coronavirus cases, the stock is higher by 6. 73 percent over the past month. blackjack online real money paypal draftkings casino michigan app download Colorado KickerOne of Monarch’s two properties is its namesake venue in Black Hawk, Colo. free virtual casino slots

That is expected to become a vital driver of revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) as renovations are finalized. The company’s Centennial State footprint is important for other reasons, including a growing sports betting market and the recent elimination of table game bet limits. resorts casino wedding On Election Day, voters there approved scrapping the 0 per hand cap at casinos in the state’s three gaming cities. mohegan sun casino reviews seneca niagara casino miranda lambert It’s a move that also provides for the addition of new table games, such as baccarat and pai-gow tiles. As a result, analysts believe Colorado gaming venues will be able to attract a more affluent clientele, and perhaps keep more Denver-area gamblers in the state amid restrictions in Lthe twin river casinoas Vegas. “A changing Black Hawk market profile (more high-end rooms, more competitive table games, etc. ) could see MCRI take more share from the Denver feeder market, particularly with some gamblers wary of flying to Las Vegas,” said Wieczynski.

The operator is nearing completion on the 0 million worth of enhancements to its Black Hawk property. Its other venue is the Atlantis in its home market of Reno, Nev. Monarch’s Strong FundamentalsAlthough Monarch trades at rich valuations relative to its peers, it commands those premiums due to strong fundamentals. Casino Poker 24 Zshz This includes a 100 percent ownership of its real estate, meaning it has limited fixed costs and strong free cash flow prospects. aliante casino in las vegas no deposit bonus codes usa casinos “We believe MCRI’s management team is one of the best in the business and well-aligned with shareholders,” notes Wieczynski. His price forecast on the shares is based on the name trading at 12x estimated 2022 adjusted EBITDA. That’s in line with Monarch’s historical range of