2025.12.15
sam s town casino hosts“Further, we recognize with this call we are likely arguing against a bull case of sports betting and iCasino being a huge windfall for Penn National, which will have no near-term resolution,” said the analyst.Barstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.(Image: Twitter)In a note to clients today, Deutsche Bank analyst Carlo Santarelli pared his rating on shares of the Ameristar operator to “sell” from “hold,” while lifting his price target on the name to from .gold coast casino shuttle“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.Barstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.Gov.luckyland slots casino sign in turtle creek casino new years evefree slot games you can win real moneyPenn, while previously viewed as a brick-and-mortar casino operator, is now being seen through the lenses of sports wagering and online casinos, verticals that could each be worth billion over the next several years.Penn, while previously viewed as a brick-and-mortar casino operator, is now being seen through the lenses of sports wagering and online casinos, verticals that could each be worth billion over the next several years.Santarelli’s call on Penn earned a stinging rebuke from Barstool Sports founder David Portnoy, who posted an expletive-laced tirade on Twitter disagreeing with the analyst.captain jack online casino instant playm.”Not All Bad NewsSantarelborgata casino towelsli also acknowledges that there is some risk in assigning a bearish mark to Penn at a time when the broader market is strong and investors are embracing “story” stocks.5 billion, or a share.hard rock casino lake tahoe arcade santa ana star casino lightscache creek casino giveawaysRecently, the stock became beloved by Wall Street, with analysts fawning for the company’s sports betting and internet casino prospects.The company will have a more challenging time, relative to peers, improving margins, given its prior margin disciplines and higher than peer blended gaming taxes, which have forced Penn, over time, to be leaner than most,” said the Deutsche Bank analyst.Keystone State gamblers have been limited to online casinos since.But in this case, Santarelli’s projection is 40 percent below where Penn stock closed on June 5.”Not All Bad NewsSantarelborgata casino towelsli also acknowledges that there is some risk in assigning a bearish mark to Penn at a time when the broader market is strong and investors are embracing “story” stocks.But that will change this week.sunset station casino las vegas nevada casino 77 |