what is the safest online casinoHis 0 price target is nearly 50 percent above consensus and implies upside of almost 33 percent from where the stock currently trades.DeCree’s Wall Street-high forecast emerges just a day after a counterpart lifted his Penn projection to .owing to the latter’s head start in online sports betting.online gambling 21Fundamentals 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.“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.Santarelli’s call is undoubtedly bold.livedraw mgm casino 4d

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table casino poker chipsOne that remains undaunted despite the coronavirus pandemic.Penn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.“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.when is seneca niagara casino opening back upTwin River said the deal is scheduled to close in the second quarter of 2021.Bull CallObviously, Union Gaming’s DeCree has a different view on Penn.owing to the latter’s head start in online sports betting.chukchansi casino gas station

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tropicana laughlin hotel and casino laughlin nvRather, he sees limited opportunities on those fronts.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.Following the Jumer’s deal and accounting for three buys currently under contract, “Twin River will operate 13 properties in nine states.In a viral, expletive-laden rant, Portnoy basfree online poker bonus no deposithed Santarelli and, on multiple occasions intentionally mispronounced the analyst’s surname.But he says that gap should tighten as Penn “continues to ramp up and execute.His price forecast is less than half the Street consensus of almost .draftkings casino reddit