2025.10.09
sunset station casino entertainmentPenn 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.Rather, we believe the company will have to do a good job of selling investors on the deal’s financial merits and provide a well-defined presentation to the incremental earnings before interest, taxes, depreciation and amortization (EBITDA) opportunity, prior to investors getting on board with this significant capital outlay,” said the analyst.But Yokohama civic leaders won’t have any trouble wooing the biggest names in the business.winstar world casino club pabport cardUnder the terms of the deal, Penn is paying 5 million in cash and million in equity for the 36 percent interest in Barstool.But at least one analyst is urging a more reserved approach.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.turtle lake casino smoking chinook winds casino open todayturtle lake casino job openingsGiven 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.“Second, PENN’s recent message to investors has been all about deleveraging,” said the Stifel analyst.Under the terms of the deal, Penn is paying 5 million in cash and million in equity for the 36 percent interest in Barstool.hallmark casino ndb codes march 2021For instance, it’s barely more than half the turnover generated by Las Vegas Sands (NYSE:LVS) for the 12 months ending Sept.In his speech at the expo, Hirahara did not mention specific companies, though he did say operators have brought forth some compelling proposals.org.black bear casino tickets free online poker simulatorfour winds casino hotelIn his speech at the expo, Hirahara did not mention specific companies, though he did say operators have brought forth some compelling proposals.“At the end of the day, we are not suggesting investors should simply close the book on the Barstool transaction.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.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 mohard rock casino event centerve.“Second, PENN’s recent message to investors has been all about deleveraging,” said the Stifel analyst.Eldorado Resorts’ Isle ofanduel casino app pa online casino with free signup bonus |