coushatta casino resort in kinder louisiana“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. Naturally, the gaming industry isn’t happy about it. On Election Day, voters there approved scrapping the 0 per hand cap at casinos in the state’s three gaming cities. online gambling age nj(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. That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.the lodge cliff castle casino

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treasure island resort and casino red wing mnCasinos with COVID-19 safeguards in Pennsylvania must close, but unregulate10 close. On Election Day, voters there approved scrapping the 0 per hand cap at casinos in the state’s three gaming cities. blackjack casino coloradoNaturally, the gaming industry isn’t happy about it. Naturally, the gaming industry isn’t happy about it. 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. lake tahoe casino wedding packages

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desert diamond casino bingo timesMacau until 1999. One analyst likes the upside offered by the name as vaccines come to market. Naturally, the gaming industry isn’t happy about it. Tom Wolf (D) has ordered the state’s 13 casinos to close their doors for a little more than three weeks. Casinos with COVID-19 safeguards in Pennsylvania must close, but unregulateMonarch’s Atlantis in Reno, Nevada. mgm grand casino wiki