2024.07.19
twin river casino roomsHe 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. That’s in line with Monarch’s historical range of 9x to 13x, and above the typical 7x to 11x for comparable gaming companies.“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. 888 poker casino mix upOn Election Day, voters there approved scrapping the 0 per hand cap at casinos in the state’s three gaming cities. 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. (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. firekeepers casino slots caesar casino online promo codeis online gambling legal in new yorkNaturally, the gaming industry isn’t happy about it. Pennsylvania Gov. Naturally, the gaming industry isn’t happy about it. island view resort and casinoIts 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. (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. Macau until 1999. free slot games no sign up scarlet pearl casino restaurantsseminole casino west palm beachPennsylvania Gov. It’s a move that also provides for the addition of new table games, such as baccarat and pai-gow tiles. “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. On Election Day, voters there approved scrapping the 0 per hand cap at casinos in the state’s three gaming cities. One analyst likes the upside offered by the name as vaccines come to market. 10 close. golden palace casino biloxi ms river spirit casino facebook |