2025.12.16
online gambling vermont5 billion.The stock raced to a new 52-week high after Goldman Sachs initiated coverage of the gaming company with a “buy” rating.Wall Street is increasingly enthusiastic about that relationship, because it gives Penn access to millions of new potential customers in younger demographics that are rapidly embracing internet casinos and sports betting.opening of thunder valley casino2 million Twitter followers, respectively, while rivals DraftKings and FanDuel have just 200,000 and 600,000 followers on those platforms combined.PENN sits at the cross-section of a rapidly rebounding regional casino space and inflecting growth in sports betting,” said Goldman in a note to clients today.JPMorgan likes “the attractive growth potential of the US sports betting/iGaming industry, a segment that likely will be broken out/separated from land-based casinos sooner rather than later — a potential catalyst for valuation multiple expansion and an opportunity we believe is worth per share, or ~46% of the current share price,” according to the bank.steve wynn casino las vegas pechanga casino photosseneca niagara casino niagara falls new york“We believe the strensilver oak casino mobile downloadgth of the new customer has been driven by share of wallet shifts within leisure spending, as many forms of travel and entertainment are restricted,” said Grambling.“We believe the strensilver oak casino mobile downloadgth of the new customer has been driven by share of wallet shifts within leisure spending, as many forms of travel and entertainment are restricted,” said Grambling.With help from the Goldman call, Penn stock is higher by almost 71 percent over the past month, and is up a jaw-dropping 1,326 percent off its March lows.lucky tiger casino loginPenn is also likely to leverage Barstool’s dominant social media presence.Some are saying sports betting alone could swell to billion, with online casinos jumping to .Barstool Sports and founder David Portnoy, seen here, are big reasons Goldman Sachs is bullish on Penn National Gaming.poker at casino aliante casino theatremountaineer casino live racing46, meaning some other analysts may join the party with higher forecasts over the near-term.Last year, Reeg mentioned the units could be spun off to generate value for investors because the old Caesars equity didn’t adequately reflect the growth opportunity offered by those businesses.At the time, the deal was mostly praised, though some analysts expressed reservations about the price, citing the operator’s high debt burden.PENN sits at the cross-section of a rapidly rebounding regional casino space and inflecting growth in sports betting,” said Goldman in a note to clients today.Atla5 billion.encore casino up for sale casinofreak no deposit bonus |