firekeepers casino water park”Earlier tFundamentals 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.is hard rock casino cincinnati openseen here when it closed because of COVID-19.The total consideration for the transaction represents an implied proforma purchase multiple of approximately 7.”choctaw casino oklahoma city

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turtle creek casino opening dateThe analyst adds investors are likely to be left disappointed upon discovering the amount of sports betting market share that’s readily obtainable for operators.In fact, his outlook runs in the opposite direction of Santarelli’s.There’s also some history here.luckyland slots daily bonusHis 0 price target is nearly 50 percent above consensus and implies upside of almost 33 percent from where the stock currently trades.In June, the analyst issued a “sell” rating on Penn, drawing a stinging online rebuke from Barstool Sports founder David Portnoy.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.silver oak casino ndb codes 2020

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queenplay casino no deposit bonusfor 0 million in cash, marking the company’s first move into the Prairie State.“Couple this with a big picture ‘TAM’ story that ‘can’t be disproved’, sprinkle in some slides about Twitter followers and Instagram impressions, and you create a narrative that largely abandons fundamental rationale,” said Santarelli.“We contend PENfree online poker bonus no depositN is one of the best plays for both the COVID reopening trade and long-term total addressable market (TAM) in US iCasino and sports betting,” said DeCree.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.Bull CallObviously, Union Gaming’s DeCree has a different view on Penn.Santarelli’s call is undoubtedly bold.slot machine unity casino game