2024.07.17
gladys knight soaring eagle casino(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. Some 150 food and beverage venues will close on a rolling basis.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.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. download rsweeps apkThe two casinos will close for one week. Spas and salons will close starting on Monday. Cleaning 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. egt free slot machines online casino 200 no deposit bonuscasino roulette gratuit 777The two casinos will close for one week. Some 150 food and beverage venues will close on a rolling basis.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.“Our top priority is the safety of Rhode Islanders.”We sincerely regret any inconvenience to our customers,” Marc Crisafulli, president of Twin River, was aangel of the winds casino facebookdditionally quoted by the Journal. luckyland casino no deposit bonus codes 2021Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analystangel of the winds casino facebook 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. Spas and salons will close starting on Monday. Cleaning 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. hard rock casino hotel tahoe desert diamond casino glendale hotelfanduel casino.com“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. 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. tatement adds. Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analystangel of the winds casino facebook 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. Spas and salons will close starting on Monday. Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analystangel of the winds casino facebook 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. sycuan casino free shuttle river spirit casino security |