downstream casino to branson moBut in the Keystone State, operators pay a 36 percent levy on sports wagering activities.Ten of his 13 peers rate Penn the equivalent of “buy” or “strong buy.Rivers Casino Pittsburgh will be the first to reopen, the venue welcoming back guests beginning tomorrow morning, June 9, at 9 a.chukchansi casino bus schedulePenn, while previously viewed as a brick-and-mortar casino operator, is now being seen through the lenses of sports wagering and online casinos, verticals that could each be worth billion over the next several years.Admittedly a Contrarian CallWhile noting Penn stock is “stretched” on valuation and that near-term risk/reward prospects for the name are “skewed unfavorably,” Santarelli acknowledges the “sell” rating runs counter to current consensus on the gaming name.“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.peppermill casinos inc corporate office

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