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roulette online casino livem.Keystone State gamblers have been limited to online casinos since.(Image: Twitter)In a note to clients today, Deutsche Bank analyst Carlo Santarelli pared his rating on shares of the Ameristar operator to “sell” from “hold,” while lifting his price target on the name to from .hollywood casino in toledom.For example, the growth of sports betting is a big part of the Penn investmentborgata casino towels thesis.Even with a loss of almost four percent at this writing Monday, shares of Penn more than doubled over the past month and are up more than nine-fold from the March lows.royal ace casino coupon liberty slots no deposit bonus codes april 2021best blackjack casinos ukRestrictions in PlacePennsylvania has more than 80,000 COVID-19 cases and some 6,000 deaths.Barstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.m.blackjack casino jobsKeystone State gamblers have been limited to online casinos since.”Not All Bad NewsSantarelborgata casino towelsli also acknowledges that there is some risk in assigning a bearish mark to Penn at a time when the broader market is strong and investors are embracing “story” stocks.(Image: PA.online blackjack dealer jobs little river casino daycareseven feathers casino slot machinesPenn operates 41 casinos in 19 states, including some where gaming taxes are considered high, including Illinois and Pennsylvania.Admittedly a Contrarian CallWhile noting Penn stock is “stretched” on valuation and that near-term risk/reward prospects for the name are “skewed unfavorably,” Santarelli acknowledges the “sell” rating runs counter to current consensus on the gaming name.gov)All 12 land-based casinos in Pennsylvania have been shuttered since March 16, as Wolf ordered all nonessential businesses to close.5 billion, or a share.Penn, while previously viewed as a brick-and-mortar casino operator, is now being seen through the lenses of sports wagering and online casinos, verticals that could each be worth billion over the next several years.“Further, we recognize with this call we are likely arguing against a bull case of sports betting and iCasino being a huge windfall for Penn National, which will have no near-term resolution,” said the analyst.bellagio casino directions tachi palace casino arcade |