bellagio casino buffetPenn, 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.Penn operates 41 casinos in 19 states, including some where gaming taxes are considered high, including Illinois and Pennsylvania.He’s the only one of 14 analysts covering the stock with a bearish mark on the name, and his price call is well below the consensus average of almost .bellagio casino bulgaria“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.Penn owns 36 percent of the sports media property.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.wynn las vegas app

valley forge casino directions

d casino in vegasThe company will have a more challenging time, relative to peers, improving margins, given its prior margin disciplines and higher than peer blended gaming taxes, which have forced Penn, over time, to be leaner than most,” said the Deutsche Bank analyst.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.Santarelli’s call on Penn earned a stinging rebuke from Barstool Sports founder David Portnoy, who posted an expletive-laced tirade on Twitter disagreeing with the analyst.borgata free casino gamesBut in this case, Santarelli’s projection is 40 percent below where Penn stock closed on June 5.“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.An upward price estimate revision is usually a bullish sign.chumba casino 12 days of christmas

lucky creek casino bonus codes new

black bear casino weddings(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 .Rivers Casino Pittsburgh will be the first to reopen, the venue welcoming back guests beginning tomorrow morning, June 9, at 9 a.m.Keystone State gamblers have been limited to online casinos since.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.(Image: PA.sycuan casino news