wild 7 casino amaticPenn National Gaming’s (NASDAQ:PENN) scintillating redemption story hit a stumbling block Monday, as an analyst tagged the gaming stock with a “sell” rating and a price forecast that implies significant downside from current levels.Penn owns 36 percent of the sports media property.But in the Keystone State, operators pay a 36 percent levy on sports wagering activities.no deposit bonus codes for online casinosSantarelli says Penn’s iGaming and sports betting business are worth .“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.Recently, the stock became beloved by Wall Street, with analysts fawning for the company’s sports betting and internet casino prospects.coushatta casino hotel rooms

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free casino poker games downloadPenn operates 41 casinos in 19 states, including some where gaming taxes are considered high, including Illinois and Pennsylvania.Ten of his 13 peers rate Penn the equivalent of “buy” or “strong buy.Barstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool.oxford casino rouletteUnderscoring the point that with his “sell” grade and price estimate, Santarelli is a lone wolf on Penn.The company will have a more challenging time, relative to peers, improving margins, given its prior margin disciplines and higher than peer blended gaming taxes, which have forced Penn, over time, to be leaner than most,” said the Deutsche Bank analyst.Gov.thunder valley casino update

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