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lake tahoe south casinosFundamentals LackingWhile Santarelli’s bear rating on Penn could be construed as a case of bad blood, the reality is the analyst isn’t fawning over the prospects of the US iGaming and sports wagering markets.His price forecast is less than half the Street consensus of almost .for 0 million in cash, marking the company’s first move into the Prairie State.jamul casino images(Image: Associated Press)However, that’s happening today, as Deutsche Bank’s Carlo Santarelli reiterates a “sell” rating on the gaming company, though he did raise his price target on the stock to from .His 0 price target is nearly 50 percent above consensus and implies upside of almost 33 percent from where the stock currently trades.We think PENN has largely benefited from the retail community turning the ticker into an internet meme of sorts, thereby creating momentum in the stock that has attracted institutional investors from verticals outside of the traditional gaming arena,” said the Deutsche Bank analyst.jamul casino hookah lounge

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hard rock casino virginiaThe analyst adds investors are likely to be left disappointed upon discovering the amount of sports betting market share that’s readily obtainable for operators.One that remains undaunted despite the coronavirus pandemic.Penn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.zz top soaring eagle casino 2021That’s a far cry from the bullishness extolled by Union Gaming’s John DeCree, who placed a 0 estimate on the name.Traders have a lot to ponder with Penn National, as one analyst rips the name while another says it’s going to 0.heir home games.bicycle casino location

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table games at mystic lake casino(Image: Quad-City Times)Jumer’s has a 40,000 square foot casino with 870 slot machines, 25 table games, and a 205-room hotel.Twin River Worldwide Holdings (NYSE:TRWH) is purchasing Jumer’s Casino & Hotel in Rock Island, Ill.There’s also some history here.seen here when it closed because of COVID-19.As investors realize online casinos and sports betting will have difficulty living up to lofty expectations, Penn stock could be vulnerable to “a considerable contraction,” said the analyst.Fundamentals LackingWhile Santarelli’s bear rating on Penn could be construed as a case of bad blood, the reality is the analyst isn’t fawning over the prospects of the US iGaming and sports wagering markets.clearwater casino poulsbo

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