2025.09.19
live casino quebecThe first of five planned Pennsylvania satellite casinos will open next week outside Pittsburgh in Westmoreland County.They estimate Bally’s brraging bull casino onlineick-and-mortar business to be worth a share, and expect the operator will win back market share in New Jersey and Rhode Island.When pending acquisitions close, the Rhode Island-based operator will have 14 casinos across 10 states, essentially all of which will be renamed Bally’s at some point next year.harrah s casino locations(Image: The Cordish Companies)The Cordish Companies is a Baltimore-based gaming, and hospitality firm.The first of five planned Pennsylvania satellite casinos will open next week outside Pittsburgh in Westmoreland County.Obviously, investors are cheering the move, and Wall Street added some fuel to the fire with Macquarie initiating coverage of Bally’s with an “outperform” rating.borgata casino concerts luckyland casino androidadmiral casino netCordish won the second Category 4 auction round in January of 2018 with a .Our 2025 estimated online TAM of billion can be worth .Even with all the deal-making, Macquarie says Bally’s is a mid-sized value name that’s not yet fully appreciated by the broader investment community.free online slots new zealandObviously, investors are cheering the move, and Wall Street added some fuel to the fire with Macquarie initiating coverage of Bally’s with an “outperform” rating.It spent 0 million to refurbish the former Bon-Ton department store at the Westmoreland Mall into a casino and entertainment destination.Casino brand into Pennsylvania for the first time,” said Cordish Principal Jon Cordish.golden palace casino no deposit bonus casino near me texasbellagio casino dealsCategory 4 SpeakingSatellite casinos, officially Category 4 gaming venues, were authorized in Pennsylvania by way of the state’s Expanded Gaming Act, which passed in 2017.“With online peers trading at ~3x 2022 estimated enterprise value/sales, we believe online gaming is the hidden treasure of the company.The PF portfolio will give the company access to eight states live with sports/iGaming, including New Jersey, Colorado, Mississippi and Illinois,” said the research firm.Casino brand into Pennsylvania for the first time,” said Cordish Principal Jon Cordish.“With online peers trading at ~3x 2022 estimated enterprise value/sales, we believe online gaming is the hidden treasure of the company.Penn National Gaming won two satellite licenses and is building in York and Morgantown.valley forge casino general manager raging bull casino withdrawal time |