big fish casino how to get lots of chipsNaturally, the gaming industry isn’t happy about it. Monarch’s Atlantis in Reno, Nevada. (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. no deposit bonus casino reviewsIts 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. Regional gaming company Monarch Casino & Resort (NASDAQ:MCRI) is a solid performer this year, jumping 11.10 percent amid a challenging operating environment. Tom Wolf (D) has ordered the state’s 13 casinos to close their doors for a little more than three weeks. 1 online gambling site

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morongo casino menuCasinos with COVID-19 safeguards in Pennsylvania must close, but unregulate(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. Pennsylvania Gov. That’s because authorities now want to see operators’ plans for post-coronavirus recovery and gauge the veracity of that rebound when the virus is ultimately vanquished.It’s possible “licenses are renewed at favorable terms, including no change in tax rates, manageable concession payments, and reasonable non-gaming capital expenditure mandates,” according to Macquarie.Macau Could Renew PermitsIf Macau policymakers opt to renew gaming permits under the above scenario, it’s probable the outcome would be a 10-year licensing period, not 20 years.Another option, particularly if it appears likely the process will extend beyond 2022, is simply for the SAR to re-up the permits under current terms for two or three years. An analyst is bullish on the stock, citing multiple tailwinds. 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. soaring eagle casino age limit