nugget casino resort reno buffetBrandon Beach (R-Alpharetta) chaired a special committee that reviewed the merits and drawbacks of legalizing various forms of gambling. But the company is viewed by some on Wall Street as a hidden gem among regional gaming equities, due in part to its Monarch Casino Resort Spa Black Hawk in Colorado.That property gives the company a foothold in what is expected to be a lucrative sports wagering market in the Centennial State. On a scale of one to five, Monarch’s numerical rating is 3.50, and the consensus price target on the name is .25. kansas star casino hampton innMonarch has spent over 0 million on enhancements at that property, all of which was funded by existing cash flow, meaning the company didn’t issue new debt to bolster the Colorado casino-resort.(Image: Denver Post)Recent bullishness in the operator of the Atlantis Casino-Resort in Reno, Nevada validates the views of investors that stepped into the stock during the July through September period, including hedge funds.Data suggest that although the third quarter was a volatile time for Monarch Casino stock as the company dealt with legal wranglings with CL Construction Services, Inc. They included commercial casino resorts, parimutuel horse racing, and sports betting.While Beach’s gaming committee held its final meeting last week without formally adopting recommendations for the full Senate, the Republican feels confident regarding bringing some sort of gambling to the Peach State in 2020.“I do think there’s momentum for something to happen this session,” Beach told the Rome News-Tribune. black hawk casino smoking

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