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mgm casino 6dRichard Haskins, seen here in 2016, president of Station Casinos died Saturday from an accident in Michigan. Eldorado Resorts (NASDAQ:ERI) and Monarch Casino & Resort (NASDAQ:MCRI) are among the regional gaming equities liked by Jefferies analyst David Katz. That is paving the way for increased generation of free cash flow and potentially sending the stock to 0 or higher down the road.Katz is more reserved in his assessment, rating ERI a “buy” with a forecast, which is below last Thursday’s close of .20.“We continue to favor the inherent control of the regional gaming business model, the forthcoming benefits for Eldorado Resorts (ERI) in its pending merger with Caesars, as well as the financial stability of Churchill Downs (NASDAQ:CHDN) and Monarch Casithe d casino blackjack spuuno.Sturdy NamesEarlier this year, Churchill Downs said its second quarter results will be materially affected by the COVID-19 shutdown, which forced closures of the company’s casinos and racetracks. soaring eagle casino near meChurchill Downs is one of three gaming stocks preferred by Jefferies analyst David Katz. That is paving the way for increased generation of free cash flow and potentially sending the stock to 0 or higher down the road.Katz is more reserved in his assessment, rating ERI a “buy” with a forecast, which is below last Thursday’s close of .20.“We continue to favor the inherent control of the regional gaming business model, the forthcoming benefits for Eldorado Resorts (ERI) in its pending merger with Caesars, as well as the financial stability of Churchill Downs (NASDAQ:CHDN) and Monarch Casithe d casino blackjack spuuno.Sturdy NamesEarlier this year, Churchill Downs said its second quarter results will be materially affected by the COVID-19 shutdown, which forced closures of the company’s casinos and racetracks. However, those venues are reopening, the Kentucky Derby is slated for September, and the operator has nearly 1 million in cash – enough to survive more than a year in a no-revenue scenario.Katz has a “buy” rating on that name, too, with a 6 price target, or upside of 18 percent from Thursday’s close.Monarch Casino operates just two gaming properties – one in Nevada and one in Colorado. casino near me uk

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borgata casino offersThat is paving the way for increased generation of free cash flow and potentially sending the stock to 0 or higher down the road.Katz is more reserved in his assessment, rating ERI a “buy” with a forecast, which is below last Thursday’s close of .20.“We continue to favor the inherent control of the regional gaming business model, the forthcoming benefits for Eldorado Resorts (ERI) in its pending merger with Caesars, as well as the financial stability of Churchill Downs (NASDAQ:CHDN) and Monarch Casithe d casino blackjack spuuno.Sturdy NamesEarlier this year, Churchill Downs said its second quarter results will be materially affected by the COVID-19 shutdown, which forced closures of the company’s casinos and racetracks. “Should the surge continue, there could be further impact to the trajectory of recovery.”Louisiana is halting reopening plans for a month, and in Nevada, casino guests are required to wear masks while on the gaming floor. Haskins, president of Station Casinos, was transported to a launch area in Harbor Springs where he was pronounced dead by EMS responders, reported local TV station WPBN.EARLIER: Richard J. no deposit bonus casino grand bayEldorado Resorts (NASDAQ:ERI) and Monarch Casino & Resort (NASDAQ:MCRI) are among the regional gaming equities liked by Jefferies analyst David Katz. However, those venues are reopening, the Kentucky Derby is slated for September, and the operator has nearly 1 million in cash – enough to survive more than a year in a no-revenue scenario.Katz has a “buy” rating on that name, too, with a 6 price target, or upside of 18 percent from Thursday’s close.Monarch Casino operates just two gaming properties – one in Nevada and one in Colorado. That’s though he acknowledges a resurgence in coronavirus cases could hamper the near-term outlook for these stocks and others. foxwoods resort casino biloxi

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eldorado casino reno nv roxyEldorado Resorts (NASDAQ:ERI) and Monarch Casino & Resort (NASDAQ:MCRI) are among the regional gaming equities liked by Jefferies analyst David Katz. Richard Haskins, seen here in 2016, president of Station Casinos died Saturday from an accident in Michigan. Often overlooked relative to other gaming equities, Monarch is drawing new interest from hedge funds as the number of those vehicles owning the name jumped to 15 at the end of the first quarter, up from 12 at the end of 2019.The Jefferies analyst also rates Monarch a “buy” with a price forecast, implying appreciation potential of almost 12 percent from the July 2 close.Often overlooked relative to other gaming equities, Monarch is drawing new interest from hedge funds as the number of those vehicles owning the name jumped to 15 at the end of the first quarter, up from 12 at the end of 2019.The Jefferies analyst also rates Monarch a “buy” with a price forecast, implying appreciation potential of almost 12 percent from the July 2 close.UPDATE: The Emmet County Michigan Sheriff’s Office is investigating a Saturday afternoon boating accident on Little Traverse Bay where a 27-foot powerboat driven by James Moffatt, 77, of Vero Beach, Florida, collided with a jet ski driven by Richard Haskins, 56, of Las Vegas, according to Sheriff Pete Wallin. It also responded on news that regulators in Indiana, Nevada, and New Jersey will take up that issue this month, potentially setting the stage for the transaction to be completed by the end of July or early August.That move is all the more impressive when considering, as Katz notes, data indicates visits to Louisiana casinos tumbled last week as coronavirus cases there increased. harrah s cherokee casino photos