2025.11.07
admiral casino vicar lanePenn National Gaming (NASDAQ:PENN) is garnering more support among sell-side observers.But that deal collapsed amid the coronavirus pandemic.Rosenblatt Securities analyst Bernie McTernan is boosting his price forecast, helping the shares to modest gains in early trading.harrah s cherokee casino kid friendlyAn analyst says Penn National can go to 5.But that forecast may need to move higher, because the shares are flirting with at this writing.New state legislation for online sports betting and iGaming as state governments deal with the impact of COVID-19 on their budgets,” said McTernan.wild horse pab casino win lob statement are casinos open in vegaschumba casino redeemSecond, the acquisition gets the operator into the fifth-largest domestic gaming market, one where sports betting was recently legalized.Second, the acquisition gets the operator into the fifth-largest domestic gaming market, one where sports betting was recently legalized.By the end of that month, McTernan lifted his price target on the shares to .viejas casino hostiana.(TRWH).Momentum Building for Penn StockThe operator of casinos under the Argosy and Hollywood brands, among others, epitomizes a 2020 rags-to-riches story in the gaming space.casino free bonus codes no deposit ggpoker uk casinothunder valley casino hotel phone number(Image: Twitter)In a note to clients today, McTernan lifboulder station hotel and casino buffetts his price target on the casino operator to 5 from , good for the highest estimate on Wall Street.Fundamentals Backstop Bullish ThesisRosenblatt’s McTernan is bullish on Penn due in part to sports wagering expansion.Market share in new state launches, as the Barstool sportsbook app will be at the same starting line as competitors.20 percent over the past week and 37 percent over the past month.That transaction was announced in April, when gaming property prices were at rock bottom levels due to COVID-19, allowing TRWH to scoop up the Pelican State venue, Mont Bleu Resort Casino & Spa in Lake Tahoe, and Bally’s on the Atlantic City, NJ Boardwalk for just 0 million combined.3 billion offer for Caesars in June 2019, ERI announced the sale of gaming properties in Missouri and Mississippi to the company then known as TRWH.firekeepers casino phone number lake tahoe harrah s open |