2025.10.07
casinos near me 18+”There’s something to the notion that the overall sports wagering opportunity may be subject to too much ebullience.Still, there are parts of the maraliante casino caferiage that give Wieczynski pause.Shares of Penn National Gaming (NASDAQ:PENN) rallied to a 52-week high Wednesday.slotocash real moneyGiven 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.evolves around day trips, not more lucrative overnight stays.Operator Interest Is ThereConvincing residents that a casino-resort is a good idea is one thing.golden nugget casino hotel is thunder valley casino open todaybrian christopher slots net worthBut at least one analyst is urging a more reserved approach.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.One of the most widely cited and rosy projections comes from Morgan Stanley, which says the US sports gambling market could be worth billion by 2025, assuming 36 states legalize it by then.jamul casino free giftsToo Much EnthusiasmOne of the centerpieces of the deal is obvious: Barstool has an estimated 66 million avid readers and users, many of whom are millennials and Generation Z, demographics that traditional gaming companies like Penn are looking to better connect with.“At the end of the day, we are not suggesting investors should simply close the book on the Barstool transaction.Still, there are parts of the maraliante casino caferiage that give Wieczynski pause.borgata online casino pa reviews turtle creek casino gas stationcaptain jack casino bonus codesPutting billion into context, it’s not much revenue to be spread across an entire industry.In three years, the gaming company can boost that stake to 50 percent for another million, which would set the stage for the operator to eventually become the outright owner of the sports and pop culture site.But at least one analyst is urging a more reserved approach.The surge of more than 12 percent came after the regional gaming company confirmed that it’s paying 3 million in cash and stock to purchase a 36 percent chunk of Barstool Sports.Putting billion into context, it’s not much revenue to be spread across an entire industry.Too Much EnthusiasmOne of the centerpieces of the deal is obvious: Barstool has an estimated 66 million avid readers and users, many of whom are millennials and Generation Z, demographics that traditional gaming companies like Penn are looking to better connect with.krispy kreme mohegan sun casino black hawk casino ok |