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little river casino win lob statement“At the end of the day, we are not suggesting investors should simply close the book on the Barstool transaction.But at least one analyst is urging a more reserved approach.The surge of more than 12 percent came after the regional gaming company confirmed that it’s paying 3 million in cash and stock to purchase a 36 percent chunk of Barstool Sports.casino philadelphiaRather, 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.” Said another way, sports betting can be a revenue driver for gaming companies, but not necessarily a significant contributor of increased profits.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.free online zodiac slots

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