free slot games googleSpas and salons will close starting on Monday. Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analystsam s town casino hotel tunica mibibippi said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides. “This decision will be re-assessed in two weeks, while an orderly shutdown process is actively underway.”The Massachusetts casinos will pay workers during the closure, MassLive reported. black lotus casino no deposit bonus codes 2021The two casinos will close for one week. (Image: YouTube)On Friday, shares of the operator of the Atlantis Casino-Resort in Reno, Nevada surged on more than triple the average daily volume, taking a bite out of what had been a March decline of more than 61 percent, after Stifel analyst Brad Boyer dubbed that selloff “irrational.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.org.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. Spas and salons will close starting on Monday. doubleu casino free slots

mgm grand casino winners

queen vegas casino no deposit bonusAtlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone. Some analysts are noting the pandemonium isam s town casino hotel tunica mibibippin casino equities is depressing valuations to the point that some names, including Monarch, may be too tempting to ignore when the chaos ebbs.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attention, we would prefer to see some level of rationality return to the public equity markets prior to growing more constructive on the shares,” said Boyer.Monarch reported fiscal first-quarter results“Impacted employees will be eligible for unemployment benefits,” the Journal quoted the state lottery statement.Cleaning crews and security staff are among the workers who will be at the casinos during the seven days.“The closure is anticipated to last one week, at which point the situation will be reassessed based on the most up-to-date data and guidance from the Rhode Island Department of Health,” the lottery statement adds. valley forge casino valley clubtatement adds. Spas and salons will close starting on Monday. Those are important traits at a time when many market observers are fearing companies could face liquidity crunches if a recession arrives.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. morongo casino commercial girl

coushatta casino lazy river

choctaw casino durant phone numberSome analysts are noting the pandemonium isam s town casino hotel tunica mibibippin casino equities is depressing valuations to the point that some names, including Monarch, may be too tempting to ignore when the chaos ebbs.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attention, we would prefer to see some level of rationality return to the public equity markets prior to growing more constructive on the shares,” said Boyer.Monarch reported fiscal first-quarter resultsCleaning crews, security, and human resource staff will report to work during the two-week period.Rhode Island Casinos Close for WeekOn Friday, a similar decision was made to close the Twin River casinos in Lincoln and Tiverton, Rhode Island. Rhode Island, as of Saturday, has 20 coronavirus cases, news reports said.“In consultation with the Rhode Island Department of Health … we have ordered the Twin River Casino and the Tiverton Casino to be closed to the public,” Rhode Island Lottery Director Gerry Aubin said in a statement Friday.Most employees will not get paid during the week-long period, the Providence Journal reported. Some analysts are noting the pandemonium isam s town casino hotel tunica mibibippin casino equities is depressing valuations to the point that some names, including Monarch, may be too tempting to ignore when the chaos ebbs.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attention, we would prefer to see some level of rationality return to the public equity markets prior to growing more constructive on the shares,” said Boyer.Monarch reported fiscal first-quarter results“However, the state’s efforts to slow the spread of the COVID-19 virus are of paramount importance.”“We believe this preventative approach is a necessary step to help ensure the health and safety of our employees, customers, and all Rhode Islanders.”In nearby Connecticut, Mohegan Sun and Foxwoods Resorts Casino remain open.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations. “This decision will be re-assessed in two weeks, while an orderly shutdown process is actively underway.”The Massachusetts casinos will pay workers during the closure, MassLive reported. bellagio casino revenue