2025.09.18
firekeepers casino earth wind and fireOn 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.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.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.mountaineer casino sportsbook“Second, PENN’s recent message to investors has been all about deleveraging,” said the Stifel analyst.“At the end of the day, we are not suggesting investors should simply close the book on the Barstool transaction.Operator Interest Is ThereConvincing residents that a casino-resort is a good idea is one thing.slot casino free games silver oak casino login pagepoker casino espinhoSales Job RequiredIn reiterating a “buy” rating and price target on Penn National, one that now implies only modest upside after Wednesday’s surge, Wieczynski says management needs to do an effective job of convincing investors that the Barstool buy is the right moaliante casino cafeve.Eldorado Resorts’ Isle o0x by CYE20, we believe today’s deal, in some ways, runs counter to the deleveraging message.turtle creek casino job openingsIn three years, the gaming company can boost that stake to 50 percent for another million, which would set the stage for the operator to eventually become the outright owner of the sports and pop culture site.Sales Job RequiredIn reiterating a “buy” rating and price target on Penn National, one that now implies only modest upside after Wednesday’s surge, Wieczynski says management needs to do an effective job of convincing investors that the Barstool buy is the right moaliante casino cafeve.Penn 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.big fish casino download free aliante casino las vegas jobsfoxwoods resort casino tripadvisorevolves around day trips, not more lucrative overnight stays.Penn also becomes Barstool’s official gaming partner for 40 years as part of the agreement, which is expected to close in the current quarter.One of the most widely cited and rosy projections comes from Morgan Stanley, which says the US sports gambling market could be worth billion by 2025, assuming 36 states legalize it by then.”There’s something to the notion that the overall sports wagering opportunity may be subject to too much ebullience.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.Too Much EnthusiasmOne of the centerpieces of the deal is obvious: Barstool has an estimated 66 million avid readers and users, many of whom are millennials and Generation Z, demographics that traditional gaming companies like Penn are looking to better connect with.turtle lake casino win lob statement thunder valley casino tribe |