2025.12.18
casino resorts vancouver bcTraders have a lot to ponder with Penn National, as one analyst rips the name while another says it’s going to 0.Fundamentals 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.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.bicycle casino foodDeCree’s Wall Street-high forecast emerges just a day after a counterpart lifted his Penn projection to .Following the Jumer’s deal and accounting for three buys currently under contract, “Twin River will operate 13 properties in nine states.His price forecast is less than half the Street consensus of almost .little river casino room rates harrah s casino age limitno deposit bonus casino for real money”TRWH also has a penchant for snagging good deals.4x trailing twelve months earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA),” according to the Rhode Island-based operator.Following the Jumer’s deal and accounting for three buys currently under contract, “Twin River will operate 13 properties in nine states.pechanga casino wine tastingseen here when it closed because of COVID-19.”TRWH said it’s financing the acquisition with a mix of cash on hand, cash from ongoing operations, and revolving credit facilities.chinook winds casino menu is boomtown casino closedcache creek casino latest newsBull CallObviously, Union Gaming’s DeCree has a different view on Penn.In June, the analyst issued a “sell” rating on Penn, drawing a stinging online rebuke from Barstool Sports founder David Portnoy.There’s also some history here.TRWH said it’s financing the acquisition with a mix of cash on hand, cash from ongoing operations, and revolving credit facilities.“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.Twin River said the deal is scheduled to close in the second quarter of 2021.98 degrees island resort and casino online casino no deposit bonus no wagering |