casino up northMassachusetts’ three commercial casinos – Encore, MGM Springfield, and Plainridge Park – could be some of the last gaming properties to reopen in the United States.Analysts and investors like the asset-light, high margin model that accompanies online casinos, and are valuing companies with exposure to this niche on par with technology firms, not traditional gaming entities.That’s at least the third price forecast hike by an analyst covering Penn over the past 10 days.black bear casino websiteRegional RecoveryAnalysts are bullish on regional operators, including Penn, based on the premise that smaller gaming markets will bounce back from the coronavirus pandemic more rapidly than Las Vegas.(Image: Variety)In a note to clients released earlier today, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating on Penn National, while boosting his price target on the Ameristar operator to .That’s around the stock’s 52-week high, a level that hasn’t been touched since late February.poker casino koln

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is soaring eagle casino6x our 2022 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) estimate, a slight premium to the stock’s historical average forward multiple given growth optionality from i-casino/sports betting through Barstool,” said Curtis.Eric Kraus, head of public affairs for Encore Boston Harbor, says the property has about 4,200 part- and full-time workers.Impressive ResurgenceThis month, Penn stock nearly doubled, and its more than eight-fold surge off its March lows is one of the most impressive rebounds among all domestic gaming equities.choctaw casino careersThe Tropicana isn’t yet featured on lists pertaining to the June 4 Silver State restaviejas casino pride 2021rt date.Curtis, the Instinet analyst, added that his revised estimates on Penn allot for what he calls a “normal” recession and upside to be derived from Barstool.Tribal casinos, free to rebuff state closures of nonessential businesses, are open in numerous other states, including Florida, Arizona, Oklahoma, Washington, and California.mohegan sun casino wolf den

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online casino quotesCurtis, the Instinet analyst, added that his revised estimates on Penn allot for what he calls a “normal” recession and upside to be derived from Barstool.The company says it will have paid employees 0 million through the end of the month.Massachusetts has been one of the hardest-hit states by the coronavirus, with 94,895 confirmed COVID-19 cases and 6,640 deaths.On May 20, JPMorgan lifted its target on the Hollywood operator to from .Much of Wall Street’s and investors’ enthusiasm for the name is attributable to the integration of Barstool Sports, in which the operator acquired a 36 percent stake in January, and the company’s positioning in viejas casino pride 2021the booming iGaming market.David Portnoy’s Barstool Sports is going to be a positive driver for Penn National stock, says one analyst.free slot machines games with bonus rounds