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downstream casino rv parkBut there are some gems among land-based gaming operators, includ­ing Monarch Casino & Resort (NASDAQ:MCRI). NO! We say no to a casino on Arthur Ashe Boulevard! More traffic. Neither its Atlantis in Reno nor its eponymous property in Colorado is in destination markets. royal ace casino free no deposit bonus codesHigher crime. Rising vaccination levels, particularly among some key demographics, are also buoying the Monarch stock thesis.“While still early, mantreasure island hotel and casino owner yqvqagement also highlighted some encouraging green shoots for the core 55+ demographic,” said the Stifel analyst. Analysts believe those moves could lure a higher-end clientele to the state’s casinos, create more overnight business, and keep more of the state’s gamblers home and away from Las Vegas.Encouraging Recovery Signs, M&A PossibilitiesWieczynski points out that in conversations with Monarch management, executives are encouraged by recent visitation trends. online casino real money slots

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online slots real money tennebeeFlyers have been posted around town warning of the posstreasure island hotel and casino owner yqvqible negative repercussions of allowing a casino in the neighborhood. “Longer-term, we see likely growing appreciation for strong macro fundamentals benefiting MCRI’s two feeder markets.”Last Election Day, Colorado voters approved the end of the 0 cap on table game wagers, as well as the addition of new games, such as baccarat and pai-gow tiles. Still, Wieczynski is bullish on the name, particularly as the newly enhanced Black Hawk property ramps up.“We see a considerable growth trajectory in Black Hawk as MCRI ramps their ~0 million expansion and new table games rules take effect, while MCRI continues to take share in Reno-Sparks,” said the analyst. black hawk casino lodgingThat implies upside of almost 20 percent from the March 30 close.Monarch Stock: Small Name, Mighty PotentialWhile investors fawn over online gaming ideas, assigning high multiples to those names,treasure island hotel and casino owner yqvq Monarch makes for an easy name to overlook.It’s got a market capitalization of .12 billion and owns just two casinos — the smallest tally among publicly traded gaming entities. Some say a group opposed to allowing the gaming property to be located in a more affluent area have injected racial undertones into the discussion. The town says it received 13,789 calls in the 12 months after the casino commenced operations.slot machine casino games online

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casino night roulette tableInternet casinos and online sports betting are the hot investing topics in the gaming space. An analyst sees a big upside for the stock. Analysts believe those moves could lure a higher-end clientele to the state’s casinos, create more overnight business, and keep more of the state’s gamblers home and away from Las Vegas.Encouraging Recovery Signs, M&A PossibilitiesWieczynski points out that in conversations with Monarch management, executives are encouraged by recent visitation trends. That’s following the latest round of government stimulus disbursements, which occurred earlier this month. s been an increased number of first responder calls. (Image: YouTube)In a note to clients, Stifel analyst Steven Wieczynski says Monarch stock is a play on increasing rollouts of coronavirus vaccines and ebbing restrictions in Reno, Nevada and Black Hawk, Colo. pechanga casino telephone number