cleopatra 2 free slotsEldorado Resorts’ Isle oPenn National stock is soaring on the deal to buy part of David Portnoy’s Barstool Sports, but one analyst isn’t crazy about the transaction.The surge of more than 12 percent came after the regional gaming company confirmed that it’s paying 3 million in cash and stock to purchase a 36 percent chunk of Barstool Sports.gta v casinoBut at least one analyst is urging a more reserved approach.Shares of Penn National Gaming (NASDAQ:PENN) rallied to a 52-week high Wednesday.The surge of more than 12 percent came after the regional gaming company confirmed that it’s paying 3 million in cash and stock to purchase a 36 percent chunk of Barstool Sports.mgm casino hours

thunder valley casino new construction

free casino slots appsRather, we believe the company will have to do a good job of selling investors on the deal’s financial merits and provide a well-defined presentation to the incremental earnings before interest, taxes, depreciation and amortization (EBITDA) opportunity, prior to investors getting on board with this significant capital outlay,” said the analyst.”There’s something to the notion that the overall sports wagering opportunity may be subject to too much ebullience.”There’s something to the notion that the overall sports wagering opportunity may be subject to too much ebullience.san manuel casino countyRather, we believe the company will have to do a good job of selling investors on the deal’s financial merits and provide a well-defined presentation to the incremental earnings before interest, taxes, depreciation and amortization (EBITDA) opportunity, prior to investors getting on board with this significant capital outlay,” said the analyst.Sales Job RequiredIn reiterating a “buy” rating and price target on Penn National, one that now implies only modest upside after Wednesday’s surge, Wieczynski says management needs to do an effective job of convincing investors that the Barstool buy is the right moaliante casino cafeve.30, 2019.sycuan casino las vegas

what is a casino welcome bonus

morongo casino buffetSales Job RequiredIn reiterating a “buy” rating and price target on Penn National, one that now implies only modest upside after Wednesday’s surge, Wieczynski says management needs to do an effective job of convincing investors that the Barstool buy is the right moaliante casino cafeve.” Said another way, sports betting can be a revenue driver for gaming companies, but not necessarily a significant contributor of increased profits.30, 2019.The analyst notes that while there’s “a lot of buzz” surrounding online betting and sports wagering in the US, the market remains highly fragmented, with “challenged unit economics.Sales Job RequiredIn reiterating a “buy” rating and price target on Penn National, one that now implies only modest upside after Wednesday’s surge, Wieczynski says management needs to do an effective job of convincing investors that the Barstool buy is the right moaliante casino cafeve.”There’s something to the notion that the overall sports wagering opportunity may be subject to too much ebullience.winstar world casino employment