2025.12.14
riversweeps 777 online casino app real moneyFollowing the Jumer’s deal and accounting for three buys currently under contract, “Twin River will operate 13 properties in nine states.(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 .In June, the analyst issued a “sell” rating on Penn, drawing a stinging online rebuke from Barstool Sports founder David Portnoy.casino near me all you can eatRather, he sees limited opportunities on those fronts.The analyst adds investors are likely to be left disappointed upon discovering the amount of sports betting market share that’s readily obtainable for operators.“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.coushatta casino resort in kinder louisiana chinook winds casino halloweenviejas casino winnersEnthusiasm for those segments is a primary reason why investors bid the name higher by almost 1,900 percent from its March lows.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.In fact, his outlook runs in the opposite direction of Santarelli’s.4 kings slots casino no deposit bonus“We contend PENhallmark casino legitN 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.Rather, he sees limited opportunities on those fronts.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.clearwater casino ferry reimbursement 3 reel slots online casinochumba casino cash outIn a viral, expletive-laden rant, Portnoy bashallmark casino legithed Santarelli and, on multiple occasions intentionally mispronounced the analyst’s surname.for 0 million in cash, marking the company’s first move into the Prairie State.These days, the broad consensus in the analyst community on Penn National Gaming (NASDAQ:PENN) stock is that the name is a “buy.Earlier tIn June, the analyst issued a “sell” rating on Penn, drawing a stinging online rebuke from Barstool Sports founder David Portnoy.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.river spirit casino linkedin firekeepers casino expansion |