2025.12.17
royal ace casino authorization form(Image: PA.Barstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.Even with a loss of almost four percent at this writing Monday, shares of Penn more than doubled over the past month and are up more than nine-fold from the March lows.mohegan sun casino wikiGov.gov)All 12 land-based casinos in Pennsylvania have been shuttered since March 16, as Wolf ordered all nonessential businesses to close.“Further, we recognize with this call we are likely arguing against a bull case of sports betting and iCasino being a huge windfall for Penn National, which will have no near-term resolution,” said the analyst.mountaineer casino reviews four winds casino dowagiacfree slots hubAll three casinos are located in the southwestern part of the state.m.Ten of his 13 peers rate Penn the equivalent of “buy” or “strong buy.boulder station casino las vegas nevadaAll three casinos are located in the southwestern part of the state.He’s the only one of 14 analysts covering the stock with a bearish mark on the name, and his price call is well below the consensus average of almost .Penn, 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.eldorado casino reno nevada phone number casino near me flagstaffmountaineer casino near meRecently, the stock became beloved by Wall Street, with analysts fawning for the company’s sports betting and internet casino prospects.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.Gov.However, the majority of the case”Not All Bad NewsSantarelrunning aces casino numberli also acknowledges that there is some risk in assigning a bearish mark to Penn at a time when the broader market is strong and investors are embracing “story” stocks.Santarelli’s call on Penn earned a stinging rebuke from Barstool Sports founder David Portnoy, who posted an expletive-laced tirade on Twitter disagreeing with the analyst.harrah s casino downtown new orleans firekeepers casino hotel rates |