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hard rock casino bristolNew state legislation for online sports betting and iGaming as state governments deal with the impact of COVID-19 on their budgets,” said McTernan.The analyst’s affinity for Penn stock is rapidly growing. His bullish view on the stock extends a multi-month run in which Penn has become the toast of the analyst community among gaming equities. On Sept. intertops clabic casino bonus codes(Image: NBC News)Citing reopenings that commenced in the second quarter, the research firm says sequential earnings before interest, taxes, depreciation and amortization (EBITDA) growth for the current quarter will be within in a range of plus or minus five percent. Wall Street prefers regional operators to those with heavy Las Vegas footprints, because the former aren’t levered to business travel and convention trends on par with Sin City.McTernan’s price estimate on Penn stock, which is the highest on Wall Street, implies upside of 20.1 percent from the Dec. The company is doing just that, as it’s debuting Barstool Sportsbooks today at its Greektown Casino Hotel in Detroit and at the Hollywood Casino Lawrenceburg in Indiana. bellagio casino glab ceiling
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mountaineer casino chester west virginiaIn early September, he didn’t even cover the company. Regional gaming operators are outpacing destination-centric rivals. Another Barstool sports betting venue will open at Ameristar East Chicago Casino & Hotel on Christmas Eve.Additionally, the analyst sees “continued recovery at regional casinos, helped by the rollout of the vaccine, supporting Penn stock. black oak casino check out timeIt’s also well above the consensus projection around , indicating some other analysts covering the name may be compelled to lift their targets.In lifting his projection on the name, the analyst cites the familiar factors of state-level proliferation of online casinos and sports betting.Market share in new state launches, as the Barstool sportsbook app will be at the same starting line as competitors. Another Barstool sports betting venue will open at Ameristar East Chicago Casino & Hotel on Christmas Eve.Additionally, the analyst sees “continued recovery at regional casinos, helped by the rollout of the vaccine, supporting Penn stock. draftkings casino in az
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mgm casino east coastIn lifting his projection on the name, the analyst cites the familiar factors of state-level proliferation of online casinos and sports betting.Market share in new state launches, as the Barstool sportsbook app will be at the same starting line as competitors. Since then, the shares are up a staggering 2,478.40 percent, as Wall Street becomes enamored by the relationship with Barstool Sports and the prospects for iGaming.That momentum is showing essentially no soxford gambling casino oamdigns of waning. Wall Street prefers regional operators to those with heavy Las Vegas footprints, because the former aren’t levered to business travel and convention trends on par with Sin City.McTernan’s price estimate on Penn stock, which is the highest on Wall Street, implies upside of 20.1 percent from the Dec. But that forecast may need to move higher, because the shares are flirting with at this writing.Fundamentals Backstop Bullish ThesisRosenblatt’s McTernan is bullish on Penn due in part to sports wagering expansion. Gaming companies with deep regional portfolios, such as Caesars Entertainment (NASDAQ:CZR) and Penn National Gaming (NASDAQ:PENN), reported strong visitation trends following the first batch of reopenings, and are highlighting improving margins. His bullish view on the stock extends a multi-month run in which Penn has become the toast of the analyst community among gaming equities. angel of the winds casino rv parking
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