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hollywood casino in aurora“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. 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. 10 close. cliff castle casino az restaurantsThen, the pandemic struck, leading to a 15-day closure of all casinos in the special administrative region (SAR) in February, while prompting delays in the renewal procedures.With about 18 months until expiration and with little progress made this year, Macau policymakers may have no choice but to turn to quick fixes. He said there would be no delays in terms of the government evaluating current gaming policies and formulating updates for an industry that’s rapidly changed over the past two decades.The late Stanley Ho’s SJM Holdings held a four-decade gaming monopoly in Macau until 1999. (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. running aces slots

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seminole casino zig zag(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. That is expected to become a vital driver of revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) as renovations are finalized.The company’s Centennial State footprint is four winds casino free spins xrppimportant for other reasons, including a growing sports betting market and the recent elimination of table game bet limits. 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. desert diamond casino menu(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. The Asian companies with integrated resorts there are Melco Resorts and Galaxy Entertainment, headquartered in Hong Kong, and Macau-based SJM Holdings.Proposals Must Include Post-Covid PlansEarlier this year, Macau Secretary for Economy and Finance Lei Wai Nong spoke on the renewals. One analyst likes the upside offered by the name as vaccines come to market. black bear casino buffet

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royal ace casino instant play“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. “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. Then, the pandemic struck, leading to a 15-day closure of all casinos in the special administrative region (SAR) in February, while prompting delays in the renewal procedures.With about 18 months until expiration and with little progress made this year, Macau policymakers may have no choice but to turn to quick fixes. The Asian companies with integrated resorts there are Melco Resorts and Galaxy Entertainment, headquartered in Hong Kong, and Macau-based SJM Holdings.Proposals Must Include Post-Covid PlansEarlier this year, Macau Secretary for Economy and Finance Lei Wai Nong spoke on the renewals. He said there would be no delays in terms of the government evaluating current gaming policies and formulating updates for an industry that’s rapidly changed over the past two decades.The late Stanley Ho’s SJM Holdings held a four-decade gaming monopoly in Macau until 1999. He said there would be no delays in terms of the government evaluating current gaming policies and formulating updates for an industry that’s rapidly changed over the past two decades.The late Stanley Ho’s SJM Holdings held a four-decade gaming monopoly in Macau until 1999. mountaineer casino hotels