lucky8 casino no deposit bonusThe analyst adds investors are likely to be left disappointed upon discovering the amount of sports betting market share that’s readily obtainable for operators.DeCree’s Wall Street-high forecast emerges just a day after a counterpart lifted his Penn projection to .“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.free slots vegas onlineWe 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.Twin River said the deal is scheduled to close in the second quarter of 2021.”TRWH also has a penchant for snagging good deals.nearest casino in virginia

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cache creek casino indian tribeIn fact, his outlook runs in the opposite direction of Santarelli’s.In June, the analyst issued a “sell” rating on Penn, drawing a stinging online rebuke from Barstool Sports founder David Portnoy.”slot casino online gratis(Image: Associated Press)However, that’s happening today, as Deutsche Bank’s Carlo Santarelli reiterates a “sell” rating on the gaming company, though he did raise his price target on the stock to from .seen here when it closed because of COVID-19.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.mohegan sun casino mask policy

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chumba casino age“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.seen here when it closed because of COVID-19.His price forecast is less than half the Street consensus of almost .That’s a far cry from the bullishness extolled by Union Gaming’s John DeCree, who placed a 0 estimate on the name.There’s also some history here.The total consideration for the transaction represents an implied proforma purchase multiple of approximately 7.free online slots lightning link