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thunder valley casino slotsThe Venetian Macau, one of the venues essential to Sands’ rebound hopes. Monarch Casino & Resort (NASDAQ:MCRI) earned a round of bullish calls from Wall Street analysts Thursday, a day after the regional gaming company reported second-quarter results that were significantly better than expected. That’s something it’s currently unable to offer analysts and investors.The company could not provide any definitive answers to the two questions on everyone’s mind: 1) When will China further ease travel restrictions/commence visa issuance to Macau? and 2) When will foreign travel to Singapore resume in earnest?,” said Stifel analyst Steven Wieczynski in a note out Thursday.The China visa issuance the analyst is referring to is the individual visitwin river casino jobs riBut construction was slowed earlier this year because of the coronavirus pandemic.Betting on Black HawkEven before COVID-19, Monarch contended with construction delays in Colorado. But the company managed to increase its market share in a competitive Black Hawk market, according to Beynon.“However, the company has managed to increase its market share nearly 50 bps over the last year, an impressive feat given the renovation disruptions and share loss we typically see during an expansion,” said the Macquarie analyst.Monarch is spending 0 million to enhance the Centennial State property or nearly half its equity market capitalization of almost 8 million. Analysts support the stock despite weak Q2 earnings. admiral casino middleton

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fanduel casino live chatShares of Las Vegas Sands (NYSE:LVS) are trading lower today, a day after the company reported a wider-than-expected second-quarter loss and a revenue decline of 97.1 percent. But construction was slowed earlier this year because of the coronavirus pandemic.Betting on Black HawkEven before COVID-19, Monarch contended with construction delays in Colorado. With sports betting forecast to boom in Colorado, analysts believe Monarch’s expansion in the state positions the company to capitalize on that trend. las atlantis casino no deposit bonus codes september 2021Monarch’s expansion there is forecast to be complete in the last three months of 2020.Marvelous ManagementAmong regional gaming stocks, Monarch has long been favored among analysts for two factors investors are prioritizing in the current, tricky operating environment: a strong balancliberty slots free spins no deposit cefse sheet and a steady management team.“We believe investors would be hard-pressed to find a better management team to entrust to protect their investment through such challenging times,” said Stifel analyst Brad Boyer. Monarch’s expansion there is forecast to be complete in the last three months of 2020.Marvelous ManagementAmong regional gaming stocks, Monarch has long been favored among analysts for two factors investors are prioritizing in the current, tricky operating environment: a strong balancliberty slots free spins no deposit cefse sheet and a steady management team.“We believe investors would be hard-pressed to find a better management team to entrust to protect their investment through such challenging times,” said Stifel analyst Brad Boyer. (Image: Twitter)While Monarch’s two properties were closed for all of April and May, the company managed to lose just 24 cents a share on revenue of .16 million in the June quarter. telefono de viejas casino

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pa online casino deposit bonusThe company operates just two casinos — the Atlantis in its home market of Reno, and the Black Hawk in the Colorado town of the same name.Atlantis reopened on June 4, followed by Black Hawk on June 17, prompting some analysts to laud Monarch’s second-quarter numbers, given that the company got less than a month’s worth of activity out of those venues.MCRI had its streak of 21 consecutive quarters of revenue growth snapped in 1Q20, but we expect the Black Hawk expansion and better than expected regional gaming trends will put the company back to positive year-over-year growth in 1Q21,” said Macquarie gaming and leisure analyst Chad Beynon in a note to clients today.Expansion at the Centennial State property is essential to Mliberty slots free spins no deposit cefsonarch’s efforts to bolster revenue and earnings. “Finally, MCRI’s under-levered balance sheet should help to mitigate risks around the US economy shutting back down, while also providing ample liquidity to support additional inorganic growth opportunities.”Boyer rates the stock a “buy,” with a price estimate. (Image: Twitter)While Monarch’s two properties were closed for all of April and May, the company managed to lose just 24 cents a share on revenue of .16 million in the June quarter. Beynon rates it “outperform,” with a target. Analysts expected a loss of 62 cents on a turnover of .35 million. Construction on Monarch’s Colorado casino. winstar world casino military discount