captain jack casino lobby(Image: Boyd Gaming)On Thursday, Wolf mandated that all public schools, community centers, and entertainment venues in Montgomery County be closed for two weeks because of an increase in presumptive positive cases of COVID-19.Pennsylvania Gaming Control Board (PGCB) spokesperson Richard McGarvey said the agency was informed by the governor’s administration that casinos fall within the entertainment category.“The safety and well-being of our team members and customers is our utmost priority. Valley Forge Casino Resort is the first coronavirus gaming victim in Pennsylvania. Tom Wolf (D). is fanduel casino legal in paWhile the company said there wasn’t a material impact from the coronavirus on those numbers, management noted that, more recently, some older visitors are opting to stay away from the Atlantis and the Black Hawk casino in Colorado because of fears of contracting the respiratory illness.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo. ET Friday. Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone. gold coast casino las vegas phone number

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seven feathers casino resort in canyonville oregonproperty is under expansion, something viewed as an important earnings and revenue driver for the company. Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone. However, the combination of the company’s strong balance sheet and depresseraging bull casino offersd stock prices in the industry could compel it to consider acquisitions down the road.“Although the recent global economic turmoil may compel management to take a pause in its pursuit of additional M&A targets, we continue to believe MCRI’s capital structure flexibility and the generally onerous levels of debt incurred by several of its regional operator peers, favorably positions the company to potentially execute thoughtful and accretive M&A transactions at a future date,” said the analyst.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.morongo casino entertainmentRegional casino operator Boyd Gaming is closing its Valley Forge Casino Resort in King of Prussia, Pennsylvania as a result of a directive from state Gov. Atlantis operator Monarch Casino rallied Friday after an analyst said selling in the name may be overdone. On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.On the acquisition front, Boyer notes some footnotes in Monarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase. kansas star casino and hotel

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doubledown casino sign inET Friday. (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. While the company said there wasn’t a material impact from the coronavirus on those numbers, management noted that, more recently, some older visitors are opting to stay away from the Atlantis and the Black Hawk casino in Colorado because of fears of contracting the respiratory illness.Colorado And M&A OpportunitiesMonarch’s Black Hawk, Colo. property is under expansion, something viewed as an important earnings and revenue driver for the company. On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.On the acquisition front, Boyer notes some footnotes in Monarch’s earnings release indicate the operator was close to buying a rival in recent months, but ultimately elected to pass on that purchase. onarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analyst 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. black oak casino location