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casino nycThe shares closed at .14 today.The company is expected to complete the initial phase of its Black Hawk renovations in early 2020. Monarch’s Black Hawk, Colo. It was followed by Lafitte Capital Management with a .8 million position,” according to Insider Monkey.In terms of portfolio allocation, Lafitte Capital devotes over 23 percent of its equity roster to Monarch, while Park Capital has a three percent weight to the gaming stock.Wall Street ViewsBecause of its small size and tiny portfolio of properties, Monarch is sparsely covered by sell-side analysts compared to larger casino operators.Currently, four analysts follow the stock – one with the equivalent of a “very bullish” outlook, and three with “neutral” ratings. (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. “We need further deliberation.”Georgia is one of just eight states that doesn’t have commercial or tribal casinos. Brandon Beach (R-Alpharetta) chaired a special committee that reviewed the merits and drawbacks of legalizing various forms of gambling. my choice casino lake tahoe

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