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is downstream casino open todaySantarelli’s call is undoubtedly bold.(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.Jumer’s Casino in Rock Island, Ill.borgata casino online pa4x trailing twelve months earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA),” according to the Rhode Island-based operator.“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.But he says that gap should tighten as Penn “continues to ramp up and execute.boomtown casino gretna louisiana harrah s cherokee casino phone numberpechanga casino gas station(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 .There’s also some history here.We 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.i p casino biloxi phone numberFundamentals 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.Twin River is buying the venue for 0 million in cash.Penn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.turtle creek casino promotions winstar world casino tourclearwater casino ageThat’s a far cry from the bullishness extolled by Union Gaming’s John DeCree, who placed a 0 estimate on the name.owing to the latter’s head start in online sports betting.His price forecast is less than half the Street consensus of almost .Following the Jumer’s deal and accounting for three buys currently under contract, “Twin River will operate 13 properties in nine states.In fact, his outlook runs in the opposite direction of Santarelli’s.Earlier tcasino games free slots 4u cashman casino won t open |