jamul casino website“We contend PENhallmark casino legitN 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.“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.DeCree’s Wall Street-high forecast emerges just a day after a counterpart lifted his Penn projection to .poker cash game casino badenheir home games.His 0 price target is nearly 50 percent above consensus and implies upside of almost 33 percent from where the stock currently trades.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.roulette casino advantage

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island resort and casino club 41Enthusiasm for those segments is a primary reason why investors bid the name higher by almost 1,900 percent from its March lows.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.live casino status matchBut he says that gap should tighten as Penn “continues to ramp up and execute.4x trailing twelve months earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA),” according to the Rhode Island-based operator.Bull CallObviously, Union Gaming’s DeCree has a different view on Penn.foxwoods resort casino pool

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