Previous expenditures at its casino hotel there could prove beneficial over the long-term because Colorado is rapidly adding population and some competitors in Black Hawk are also enhancing their gaming properties.<\/strong><\/p>\n\u201cOur checks indicate continued healthy pricing power for MCRI\u2019s market-leading non-gaming amenities, in particular for the hotel business (consolidated hotel revenues were +8.4% Y\/Y). Medium-term, we continue to highlight forthcoming room renovations at nearby Ameristar as a potential positive catalyst for average daily rates,\u201d concluded Stantial.<\/p>\n","protected":false},"excerpt":{"rendered":"
Shares of Monarch Casino & Resort (NASDAQ: MCRI) could be steady though significant upside could be hard to come by over the near-term. That\u2019s the take of Stifel analyst Jeffrey Stantial following the regional casino operator\u2019s first-quarter earnings report, which was delivered late Wednesday. Overall, results were solid at Monarch\u2019s two casino hotels — Atlantis […]<\/p>\n","protected":false},"author":46,"featured_media":258387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,86438,86431],"tags":[81897,81903,86457,87734],"acf":[],"yoast_head":"\n
Monarch Casino Stock Has Limited NT Upside, Says Analyst<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n