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island view casino ownershipFundamentals LackingWhile Santarelli’s bear rating on Penn could be construed as a case of bad blood, the reality is the analyst isn’t fawning over the prospects of the US iGaming and sports wagering markets.Penn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.Rather, he sees limited opportunities on those fronts.clearwater casino dealsAs 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.There’s also some history here.When the operator of Rhode Island’s two casinos went public in March 2019, its roster of properties consisted of the pair in its home state, a Colorado dog track, Dover Downs in Delaware, and Hard Rock in Biloxi, Miss.riverwind casino hotel rooms blackjack online real money appblack lotus casino new player no deposit bonusBull CallObviously, Union Gaming’s DeCree has a different view on Penn.These days, the broad consensus in the analyst community on Penn National Gaming (NASDAQ:PENN) stock is that the name is a “buy.In June, the analyst issued a “sell” rating on Penn, drawing a stinging online rebuke from Barstool Sports founder David Portnoy.g casino live casinoTRWH said it’s financing the acquisition with a mix of cash on hand, cash from ongoing operations, and revolving credit facilities.(Image: Quad-City Times)Jumer’s has a 40,000 square foot casino with 870 slot machines, 25 table games, and a 205-room hotel.Twin River is buying the venue for 0 million in cash.nearest casinos silver oak casino bonus 2020mister x casino no deposit bonusThat’s a far cry from the bullishness extolled by Union Gaming’s John DeCree, who placed a 0 estimate on the name.(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 .But he says that gap should tighten as Penn “continues to ramp up and execute.Bull CallObviously, Union Gaming’s DeCree has a different view on Penn.Following the Jumer’s deal and accounting for three buys currently under contract, “Twin River will operate 13 properties in nine states.seen here when it closed because of COVID-19.doubledown casino game boomtown casino jackpot winners |