2024.07.12
casino hosts at wynn las vegasResort DetailsThe Pamunkey Indian Tribe last month debuted renderings for the then-unnamed casino. Resort DetailsThe Pamunkey Indian Tribe last month debuted renderings for the then-unnamed casino. Analysts, however, remain enthusiastic on the name. online gambling usdAnalysts, however, remain enthusiastic on the name. Hedgeye’s Todd Jordan is part of that group, but he sees the operator’s regional casinos driving share price appreciation.We’d like to focus investors back on PENN’s brick-and-mortar operations, which should provide significant earnings before interest, taxes, depreciation and amortization (EBITDA) upside versus Street Q1 and full year 2021 and 2022 estimates, and drive the stock back up close to previous highs,” said Jordan in a Monday note to clients.That’s welcome commentary for Penn investors, as the stock is lower by almost 16 percent over the past month. (Image: HeadWaters Resort & Casino)That followed Virginia’s authorization of commercial gambling in five economically struggled cities last year, and a successful local ballot referendum.“Headwaters,” the tribe says, represents the beginning of a river, and the term is also a nod to the importance “that rivers have played in the tribe’s and the city’s history.” Norfolk is a waterfront city in southeastern Virginia in the Hampton Roads area, where the James, Nansemond, and Elizabeth rivers intersect. island resort and casino sports betting live casino free spinslightning slots online real moneyPenn’s Barstool Sportsbook app is live in just Illinodescargar caesars casinois, Michigan, and Pennsylvania, with eyes on launching in Indiana and New Jersey this month and five more states by the end of this year. The tribe, with financing from Yarbrough, acquired the land from the city for million. A rendering of the HeadWaters Resort & Casino in Norfolk, Va., is seen. the nearest casino in north carolinaThe property will come witdescargar caesars casinoh a rooftop bar, infinity pool, spa, sports bar and grill, steakhouse, multipurpose event center, and outdoor space. Penn’s Barstool Sportsbook app is live in just Illinodescargar caesars casinois, Michigan, and Pennsylvania, with eyes on launching in Indiana and New Jersey this month and five more states by the end of this year. A rendering of the HeadWaters Resort & Casino in Norfolk, Va., is seen. valley forge casino glabdoor gold coast casino food courthard rock casino south lake tahoeHedgeye’s Todd Jordan is part of that group, but he sees the operator’s regional casinos driving share price appreciation.We’d like to focus investors back on PENN’s brick-and-mortar operations, which should provide significant earnings before interest, taxes, depreciation and amortization (EBITDA) upside versus Street Q1 and full year 2021 and 2022 estimates, and drive the stock back up close to previous highs,” said Jordan in a Monday note to clients.That’s welcome commentary for Penn investors, as the stock is lower by almost 16 percent over the past month. The tribe, with financing from Yarbrough, acquired the land from the city for million. The company, which operators roughly 40 casinos across 20 states, reports first-quarter earnings on Thursday.“We see value back into the 0s, as Q1 (and beyond) earnings redirect investors to focus on PENN’s sizable B&M operations, and a better understanding of its long-term online sports betting/iGaming strategy,” adds Jordan.Penn stock now resides on HedgeEye’s best ideas list.Managing Online ExpectationsAt a time when investors and operators alike are scurrying to get slices of the internet casinos and sports betting pies, Penn management needs to better articulate “their more deliberate strategy,” according to Jordan.Currently, sports wagering is live and legal in 21 states and Washington, DC. A rendering of the HeadWaters Resort & Casino in Norfolk, Va., is seen. Hedgeye forecasts upside of 30 percent-plus for Penn stock.The property will come witdescargar caesars casinoh a rooftop bar, infinity pool, spa, sports bar and grill, steakhouse, multipurpose event center, and outdoor space. golden palace batumi hotel casino is hard rock casino open today |