2024.07.18
mgm grand casino tunica msTheir competition, Scientific Games, has made considerably more investment,” Twin River opines.IGT naturally disagrees. While PENN doesn’t have a tradition of buoyant earnings updates, some analysts are enthusiastic about the stock over the long-term.Last week, researchblack bear casino world s biggest hamburger firm Susquehanna initiated coverage of the casino operator with a “positive” rating, the equivalent of a “buy” and a price target, implying upside of more than 25 percent from Monday’s closing price.That is less than half the 8 percent returned this year by Red Rock Resorts, Inc. casino table games ultimate texas holdemThe Tropicana in Las Vegas operated by Penn National, a stock traders are suddenly excited about. “There’s upside call activity. Ahead of Penn National Gaming, Inc.’s (NASDAQ:PENN) second-quarter earnings report due out Thursday before the US markets open, options traders piled into the name Monday, making decidedly upside wagers on the regional gaming company. choctaw casino in pocola oklahoma cashman casino hack apkluton g casino pokerTraders buy call options to express a positive view on a stock while put options are employed to bet that the underlying equity will decline.Penn National, the operator of the Greektown Casino in Detroit, is expected to post earnings of 34 cents a share for the quarter ending June 30, down from 57 cents a year earlier.Analyst Chatter Over the past month, analysts revised profit estimates on Penn National higher by nearly 2 percent. (NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. He adds that tax revenues total nearly million annually for state and local governments.Rhode Island businessman and philanthropist billionaire Alan Hassenfeld – the former chairman and CEO of his family’s Pawtucket-based Hasbro toys – is offering to pay for an independent review regarding the IGT contract extension.“I have no skin in the game with IGT or Twin River,” Hassenfeld told the Journal. winstar world casino free playChicago Mayor Lori Lightfoot wants Windy City residents to help decide where a casino should be erecte(NYSE:BYD).This one is one (Penn National) that some of the smaller gaming companies have had a lot of love lately,” said options trader Jon Najarian on CNBC earlier today. “There’s upside call activity. gold coast casino dim sum boulder station casino employmentzynga free slot games(Image: Booking.com)Entering Monday, Penn National was one of the worst-performing stocks in the regional gaming space with a year-to-date gain of just 3.5 percent. More than 1,800 of their machines are more than a decade old. The company says it will install new machines at the Rhode Island casinos, and will agree to a 0 million capital investment mandated in the 20-year contract extension, and maintain 1,100 jobs in the state.Economic StudyIGT financed a study on the economic benefits its operating of the Rhode Island Lottery and casino slot machines provides to the state. The company’s last four quarterly reports featured just two upside surprises. While PENN doesn’t have a tradition of buoyant earnings updates, some analysts are enthusiastic about the stock over the long-term.Last week, researchblack bear casino world s biggest hamburger firm Susquehanna initiated coverage of the casino operator with a “positive” rating, the equivalent of a “buy” and a price target, implying upside of more than 25 percent from Monday’s closing price.He adds that tax revenues total nearly million annually for state and local governments.Rhode Island businessman and philanthropist billionaire Alan Hassenfeld – the former chairman and CEO of his family’s Pawtucket-based Hasbro toys – is offering to pay for an independent review regarding the IGT contract extension.“I have no skin in the game with IGT or Twin River,” Hassenfeld told the Journal. free slots house of fun four winds casino no deposit bonus |