mountaineer casino new cumberland wvThat’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.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 Las 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. One analyst likes the upside offered by the name as vaccines come to market. mohegan sun casino of the skyOne analyst likes the upside offered by the name as vaccines come to market. An analyst is bullish on the stock, citing multiple tailwinds. 10 close. santa ana casino news

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chukchansi casino twitter(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. An analyst is bullish on the stock, citing multiple tailwinds. One analyst likes the upside offered by the name as vaccines come to market. raging bull casino promo codes no depositAn analyst is bullish on the stock, citing multiple tailwinds. Regional gaming company Monarch Casino & Resort (NASDAQ:MCRI) is a solid performer this year, jumping 11.10 percent amid a challenging operating environment. That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.video poker casino search

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clearwater casino hr departmentPennsylvania Gov. One analyst likes the upside offered by the name as vaccines come to market. Tom Wolf (D) has ordered the state’s 13 casinos to close their doors for a little more than three weeks. “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.Colorado KickerOne of Monarch’s two properties is its namesake venue in Black Hawk, Colo. He acknowledges that there’s some near-term risk with the stock, but adds investors should focus on the post-vaccine climate, where the operator is well-positioned.With peer-low leverage, we believe MCRI is well-positioned for opportunistic mergers and acquisitions,” said Wieczynski. Naturally, the gaming industry isn’t happy about it. free online poker calculator