2024.07.18
black bear casino and hotelBarstool sports founder David Portnoy and CEO Erika Nardini are contributing to a surge in Penn National stock today. “For us, we believe PEhollywood casino jamul job openingsNN’s core operations are worth ~/share which means you are getting the sports betting/iGaming long-term opportunity essentially for free at this point.”He acknowledges he’s not as enthusiastic about sports betting as some investors are, but “in today’s dollars, it’s worth ~/share to PENN.”Portnoy, Ever the ShowmanPortnoy’s comments in a Monday evening CNBC interview are favorably affecting Penn stock, too. The analyst reiterated a “buy” rating on the regional gaming name while boosting his price forecast on the stock to from .Recently, Penn is drawing plenty of bullish commentary from the sell-side community, with much of that ebullience revolving around the operator’s online casinos and sports wagering businesses – segments executives are saying will be material earnings and revenue contributors as soon as 2021. morongo casino oasis poolThe Barstool founder is roiling the Wall Street elite with his day trading antics, bashing revered investors such as Warren Buffett while recently blasting an analyst that issued a “sell” rating on Penn.All that showmanship is keeping fans engaged with Barstool at a time when US sports offerings remain limited, potentially giving investors reasons to believe Penn’s stake in the sports media and pop culture blog will pay off in a big way.In the interview, Portnoy was joined by Penn CEO Jay Snowden and Barstool CEO Erika Nardini, the latter giving Penn shareholders reasons for optimism, too. Burt Jones (R-Jackson), SB403 would charge mobile sportsbook operators a 0,000 annual fee, and tax sports betting revenue at 20 percent. Shares of Penn National Gaming (NASDAQ:PENN) are higher by nearly 15 percent in midday trading on volume that’s already exceeded the daily average. online gambling hawaii hollywood casino charles townisland view casino appWieczynski is taking a different view, saying with all the hoopla surrounding iGaming and sports betting, investors may be overlooking the value of Penn’s core competency: land-based casinos.While we understand the long-term sports betting opportunity is real, we aren’t sure we are willing to subscribe as much value to PENN shares today, given many uncertainties that need to be addressed,” said the analyst. t would legalize mobile sports betting is making progress. The Georgia Legislature is in its final week for the 2020 session, and the state has long been anti-gambling.Pew Research ranks Georgia No. hard rock casino xprebbetThe Georgia Legislature is in its final week for the 2020 session, and the state has long been anti-gambling.Pew Research ranks Georgia No. The analyst reiterated a “buy” rating on the regional gaming name while boosting his price forecast on the stock to from .Recently, Penn is drawing plenty of bullish commentary from the sell-side community, with much of that ebullience revolving around the operator’s online casinos and sports wagering businesses – segments executives are saying will be material earnings and revenue contributors as soon as 2021. That’s after Barstool Sports founder David Portnoy said his company, which is 36 percent owned by Penn, has a “stranglehold” on gamblers. hard rock casino biloxi paragon casino careersthunder valley casino ev charging“For us, we believe PEhollywood casino jamul job openingsNN’s core operations are worth ~/share which means you are getting the sports betting/iGaming long-term opportunity essentially for free at this point.”He acknowledges he’s not as enthusiastic about sports betting as some investors are, but “in today’s dollars, it’s worth ~/share to PENN.”Portnoy, Ever the ShowmanPortnoy’s comments in a Monday evening CNBC interview are favorably affecting Penn stock, too. Brian Kemp’s (R) desk.Kemp ophollywood casino jamul job openingsposes gambling but says he will not stand in the way of bills that have bipartisan support.Wieczynski is taking a different view, saying with all the hoopla surrounding iGaming and sports betting, investors may be overlooking the value of Penn’s core competency: land-based casinos.While we understand the long-term sports betting opportunity is real, we aren’t sure we are willing to subscribe as much value to PENN shares today, given many uncertainties that need to be addressed,” said the analyst. Jones says a legislative counsel has advised him that authorizing mobile sports betting doesn’t require a constitutional ballot referendum because it would essentially become another lottery game.Opposition AplentyThe resolution and sports betting bill both face long odds. 8 as the most religious state. Burt Jones (R-Jackson), SB403 would charge mobile sportsbook operators a 0,000 annual fee, and tax sports betting revenue at 20 percent. casinos like red stag casino riverwind casino deals |