seneca niagara casino events scheduleBut he says that gap should tighten as Penn “continues to ramp up and execute.Santarelli didn’t hold back in a scathing commentary on Penn stock.In fact, his outlook runs in the opposite direction of Santarelli’s.nearest casino in pennsylvaniaPenn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.Earlier t“We contend PENfree online poker bonus no depositN 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.e casino meaning

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mgm grand casino tourThe analyst adds investors are likely to be left disappointed upon discovering the amount of sports betting market share that’s readily obtainable for operators.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.Penn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.sunset station casino breakfast buffetPenn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.His price forecast is less than half the Street consensus of almost .”TRWH also has a penchant for snagging good deals.angel of the winds casino hotel

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gta 5 online casino carWe 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.(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 .Enthusiasm for those segments is a primary reason why investors bid the name higher by almost 1,900 percent from its March lows.Penn owns 36 percent of Barstool, a relationship that’s mostly lauded on Wall Street.One that remains undaunted despite the coronavirus pandemic.“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.paragon casino louisiana