thunder valley casino fireworksFundamentals 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.The Union Gaming analyst values Penn at a lower multiple than DraftKings (NASDAQ:DKNG).The Union Gaming analyst values Penn at a lower multiple than DraftKings (NASDAQ:DKNG).casino x loginseen here when it closed because of COVID-19.DeCree’s Wall Street-high forecast emerges just a day after a counterpart lifted his Penn projection to .The total consideration for the transaction represents an implied proforma purchase multiple of approximately 7.www free casino slot games for fun

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bicycle casino dr bell gardensThese days, the broad consensus in the analyst community on Penn National Gaming (NASDAQ:PENN) stock is that the name is a “buy.The Union Gaming analyst values Penn at a lower multiple than DraftKings (NASDAQ:DKNG).Bull CallObviously, Union Gaming’s DeCree has a different view on Penn.boomtown casino las vegasWe 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.Earlier t“We contend PENresorts casino atlantic city addrebN 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.chinook winds casino about

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new brian christopher slotsThe 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.Bull CallObviously, Union Gaming’s DeCree has a different view on Penn.The total consideration for the transaction represents an implied proforma purchase multiple of approximately 7.Penn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.Enthusiasm for those segments is a primary reason why investors bid the name higher by almost 1,900 percent from its March lows.hollywood casino kansas city poker room