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choctaw casino logoNow that more states are expected to permit one or both of those pastimes as avenues for bolstering revenue following COVID-19, analysts are ratcheting up estimates.The sports and pop culture blog has 38.”Penn stock trades around at this writing, well above the consensus price target of .bicycle casino reopen dateLast year, Reeg mentioned the units could be spun off to generate value for investors because the old Caesars equity didn’t adequately reflect the growth opportunity offered by those businesses.Some are saying sports betting alone could swell to billion, with online casinos jumping to .(Image: St.clearwater river casino zz top tickets

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free slot games mayan chief5 billion.JPMorgan likes “the attractive growth potential of the US sports betting/iGaming industry, a segment that likely will be broken out/separated from land-based casinos sooner rather than later — a potential catalyst for valuation multiple expansion and an opportunity we believe is worth per share, or ~46% of the current share price,” according to the bank.The casino company can eventually acquire the sports media property outright for 0 million.live casino usaThe sports and pop culture blog has 38.Shares of Penn National Gaming (NASDAQ:PENN) are higher by more than seven percent Thursday.The bank also says changes in consumer spending habits forced by the coronavirus pandemic will drive that growth, a trend Penn is well-positioned to capitalize on.seminole casino buffet

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who is brian christopher slotsPENN sits at the cross-section of a rapidly rebounding regional casino space and inflecting growth in sports betting,” said Goldman in a note to clients today.JPMorgan likes “the attractive growth potential of the US sports betting/iGaming industry, a segment that likely will be broken out/separated from land-based casinos sooner rather than later — a potential catalyst for valuation multiple expansion and an opportunity we believe is worth per share, or ~46% of the current share price,” according to the bank.JPMorgan has a price target on Caesars, implying roughly 25 percent upside from current levels.46, meaning some other analysts may join the party with higher forecasts over the near-term.Wall Street is increasingly enthusiastic about that relationship, because it gives Penn access to millions of new potential customers in younger demographics that are rapidly embracing internet casinos and sports betting.The sports and pop culture blog has 38.popular table games casino

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