2025.11.06
twin river casino valet parkingPenn National stock is soaring on the deal to buy part of David Portnoy’s Barstool Sports, but one analyst isn’t crazy about the transaction.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.On the company’s fourth-quarter earnings conference call Wednesday, LVS Chairman and CEO Sheldon Adelson didn’t overtly mention Yokohama, but he confirmed the company continues to pursue new markets, including Japan.black bear casino alcohol policySales Job RequiredIn reiterating a “buy” rating and price target on Penn National, one that now implies only modest upside after Wednesday’s surge, Wieczynski says management needs to do an effective job of convincing investors that the Barstool buy is the right moaliante casino cafeve.“At the end of the day, we are not suggesting investors should simply close the book on the Barstool transaction.Penn also becomes Barstool’s official gaming partner for 40 years as part of the agreement, which is expected to close in the current quarter.black oak casino 18 and over fanduel casino taxes redditlucky creek casino ndbAt least seven operators are expected to pursue a Japanese gaming license, with plans to build a venue in that city.Still, there are parts of the maraliante casino caferiage that give Wieczynski pause.“Although management reiterated its desire to get lease-adjusted net leverage to 5.hotels near jackson rancheria casinoevolves around day trips, not more lucrative overnight stays.“Second, PENN’s recent message to investors has been all about deleveraging,” said the Stifel analyst.Operator Interest Is ThereConvincing residents that a casino-resort is a good idea is one thing.the wild horse pab casino mgm casino games onlinedesert diamond casino brunchAt least seven operators are expected to pursue a Japanese gaming license, with plans to build a venue in that city.Sands is widely viewed as one of the leading contenders to win of the initial three Japanese gaming licenses.Sales Job RequiredIn reiterating a “buy” rating and price target on Penn National, one that now implies only modest upside after Wednesday’s surge, Wieczynski says management needs to do an effective job of convincing investors that the Barstool buy is the right moaliante casino cafeve.“Second, PENN’s recent message to investors has been all about deleveraging,” said the Stifel analyst.“At the end of the day, we are not suggesting investors should simply close the book on the Barstool transaction.In his speech at the expo, Hirahara did not mention specific companies, though he did say operators have brought forth some compelling proposals.hollywood casino my choice money train 2 free slots |