2025.12.14
black oak casino entertainmentBarstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.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.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.pechanga casino lost and foundAn upward price estimate revision is usually a bullish sign.But in the Keystone State, operators pay a 36 percent levy on sports wagering activities.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 .kansas star casino hiring firekeepers casino jackson mifree slot machines sevensPenn, 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.“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.The three counties where thparis online casino no deposit bonus codee properties are located entered the state’s green phase on June 5.bicycle casino mabageUnderscoring the point that with his “sell” grade and price estimate, Santarelli is a lone wolf on Penn.“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.The 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.viejas casino mall thunder valley casino amphitheaterclearwater casino steakhouseBut in the Keystone State, operators pay a 36 percent levy on sports wagering activities.But in the Keystone State, operators pay a 36 percent levy on sports wagering activities.For example, the growth of sports betting is a big part of the Penn investmentparis online casino no deposit bonus code thesis.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 .Ten of his 13 peers rate Penn the equivalent of “buy” or “strong buy.But in the Keystone State, operators pay a 36 percent levy on sports wagering activities.paragon casino hours of operation free casino slot games to play offline |