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aliante casino las vegas movie theaterWith the 7.5 million price tag, the operator took a modest loss based on the roughly million per acre it paid for the 35-acre property in 2015.Still, Stifel analyst Steven Wieczynski views the transaction as important to bolstering Penn’s near-term liquidity while cementing an already-solid relationship with GLP.More importantly for PENN, even though some might argue they didn’t get the ‘full price’ for their real estate associated with the Tropicana, we believe what is more important right now is firming up additional liquidity and showing the market how long their business is sustainable without operations,” said the analyst.Wieczynski estimated that prior to the Tropicana sale, Penn had 166.7 days worth of liquidity, a number that’s been boosted to 202.6 as a result of the deal. With the 7.5 million price tag, the operator took a modest loss based on the roughly million per acre it paid for the 35-acre property in 2015.Still, Stifel analyst Steven Wieczynski views the transaction as important to bolstering Penn’s near-term liquidity while cementing an already-solid relationship with GLP.More importantly for PENN, even though some might argue they didn’t get the ‘full price’ for their real estate associated with the Tropicana, we believe what is more important right now is firming up additional liquidity and showing the market how long their business is sustainable without operations,” said the analyst.Wieczynski estimated that prior to the Tropicana sale, Penn had 166.7 days worth of liquidity, a number that’s been boosted to 202.6 as a result of the deal. Penn National’s Tropicana sale provides needed liquidity at an important time, says one analyst. big dollar casino match bonus codesPenn National’s Tropicana sale provides needed liquidity at an important time, says one analyst. Penn National Gaming (NASDAQ:PENN) said last Friday it’s selling the real estate assets of the Tropicana Las Vegas and the ground lease of an asset in Morgantown, Pa. The Nevada Gaming Control Board (NGCB) and the New Jersey Division of Gaming Enforcement (NJDGE) wharrah s casino breakfast

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tachi palace casino restaurants“With all of that said, we encourage investors to remain buyers of the shares, as we believe current levels present a compelling long-term risk/reward setup, all else being equal.”The analyst has a “buy” rating and a price target on the stock, meaning it needs to more than triple from current levels to reach that forecast.With the 7.5 million price tag, the operator took a modest loss based on the roughly million per acre it paid for the 35-acre property in 2015.Still, Stifel analyst Steven Wieczynski views the transaction as important to bolstering Penn’s near-term liquidity while cementing an already-solid relationship with GLP.More importantly for PENN, even though some might argue they didn’t get the ‘full price’ for their real estate associated with the Tropicana, we believe what is more important right now is firming up additional liquidity and showing the market how long their business is sustainable without operations,” said the analyst.Wieczynski estimated that prior to the Tropicana sale, Penn had 166.7 days worth of liquidity, a number that’s been boosted to 202.6 as a result of the deal. Penn National Gaming (NASDAQ:PENN) said last Friday it’s selling the real estate assets of the Tropicana Las Vegas and the ground lease of an asset in Morgantown, Pa. draftkings casino az“With all of that said, we encourage investors to remain buyers of the shares, as we believe current levels present a compelling long-term risk/reward setup, all else being equal.”The analyst has a “buy” rating and a price target on the stock, meaning it needs to more than triple from current levels to reach that forecast.With the 7.5 million price tag, the operator took a modest loss based on the roughly million per acre it paid for the 35-acre property in 2015.Still, Stifel analyst Steven Wieczynski views the transaction as important to bolstering Penn’s near-term liquidity while cementing an already-solid relationship with GLP.More importantly for PENN, even though some might argue they didn’t get the ‘full price’ for their real estate associated with the Tropicana, we believe what is more important right now is firming up additional liquidity and showing the market how long their business is sustainable without operations,” said the analyst.Wieczynski estimated that prior to the Tropicana sale, Penn had 166.7 days worth of liquidity, a number that’s been boosted to 202.6 as a result of the deal. cted Gaming executives of the three commercial casinos said it’s never easy to lay off workers.“This decision was extremely difficult to make for all of us,” said Penn National Gaming CEO Jay Snowden, which owns Greektown. caesar casino open

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chinook winds casino beach camWith the 7.5 million price tag, the operator took a modest loss based on the roughly million per acre it paid for the 35-acre property in 2015.Still, Stifel analyst Steven Wieczynski views the transaction as important to bolstering Penn’s near-term liquidity while cementing an already-solid relationship with GLP.More importantly for PENN, even though some might argue they didn’t get the ‘full price’ for their real estate associated with the Tropicana, we believe what is more important right now is firming up additional liquidity and showing the market how long their business is sustainable without operations,” said the analyst.Wieczynski estimated that prior to the Tropicana sale, Penn had 166.7 days worth of liquidity, a number that’s been boosted to 202.6 as a result of the deal. With the 7.5 million price tag, the operator took a modest loss based on the roughly million per acre it paid for the 35-acre property in 2015.Still, Stifel analyst Steven Wieczynski views the transaction as important to bolstering Penn’s near-term liquidity while cementing an already-solid relationship with GLP.More importantly for PENN, even though some might argue they didn’t get the ‘full price’ for their real estate associated with the Tropicana, we believe what is more important right now is firming up additional liquidity and showing the market how long their business is sustainable without operations,” said the analyst.Wieczynski estimated that prior to the Tropicana sale, Penn had 166.7 days worth of liquidity, a number that’s been boosted to 202.6 as a result of the deal. (Image: CNBC)Rather, gaming authorities in some states – including the big kahunas Nevada and New Jersey – are postponing regularly scheduled meetings because of the coronavirus outbreak. “With all of that said, we encourage investors to remain buyers of the shares, as we believe current levels present a compelling long-term risk/reward setup, all else being equal.”The analyst has a “buy” rating and a price target on the stock, meaning it needs to more than triple from current levels to reach that forecast.The Nevada Gaming Control Board (NGCB) and the New Jersey Division of Gaming Enforcement (NJDGE) wcted Gaming executives of the three commercial casinos said it’s never easy to lay off workers.“This decision was extremely difficult to make for all of us,” said Penn National Gaming CEO Jay Snowden, which owns Greektown. aliante casino movies times