2025.11.02
hollywood casino chicagoPenn National stock is soaring on the deal to buy part of David Portnoy’s Barstool Sports, but one analyst isn’t crazy about the transaction.org.Operator Interest Is ThereConvincing residents that a casino-resort is a good idea is one thing.big fish casino slots gamesIn his speech at the expo, Hirahara did not mention specific companies, though he did say operators have brought forth some compelling proposals.With Penn stock cruising toward its best intraday performance in years and on volume that’s already more than five times the daily average, it’s clear investors are enthusiastic about the Barstool deal.”There’s something to the notion that the overall sports wagering opportunity may be subject to too much ebullience.luckyland casino deals cache creek casino in brooks californiaborgata casino pokerPenn National stock is soaring on the deal to buy part of David Portnoy’s Barstool Sports, but one analyst isn’t crazy about the transaction.The analyst notes that while there’s “a lot of buzz” surrounding online betting and sports wagering in the US, the market remains highly fragmented, with “challenged unit economics.But at least one analyst is urging a more reserved approach.island view casino floor plan“Second, PENN’s recent message to investors has been all about deleveraging,” said the Stifel analyst.With Penn stock cruising toward its best intraday performance in years and on volume that’s already more than five times the daily average, it’s clear investors are enthusiastic about the Barstool deal.evolves around day trips, not more lucrative overnight stays.roulette casino euro palace station casino addrebgolden nugget casino and resortorg.“At the end of the day, we are not suggesting investors should simply close the book on the Barstool transaction.On the company’s fourth-quarter earnings conference call Wednesday, LVS Chairman and CEO Sheldon Adelson didn’t overtly mention Yokohama, but he confirmed the company continues to pursue new markets, including Japan.But Yokohama civic leaders won’t have any trouble wooing the biggest names in the business.Rather, we believe the company will have to do a good job of selling investors on the deal’s financial merits and provide a well-defined presentation to the incremental earnings before interest, taxes, depreciation and amortization (EBITDA) opportunity, prior to investors getting on board with this significant capital outlay,” said the analyst.Given our somewhat pessimistic view of the current sports betting craze, we find ourselves feeling cautiously optimistic about the strategic merits of PENN’s announced 3M investment in the Barstool Sports brand,” said Stifel analyst Steven Wieczynski in a note provided to Casino.lucky tiger casino no deposit bonus codes september 2021 aliante casino cinema |