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santa ana casino openBut 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. 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. 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. 3 dice online casinoAnother 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. Since then, the golden nugget casino hotelshares 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 signs of waning. 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. island view casino update

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winstar world casino winnersMoody’s sees improvement for casino operators in 2021, but prefers regional firms. Penn National Gaming (NASDAQ:PENN) is garnering more support among sell-side observers. Penn National Gaming (NASDAQ:PENN) is garnering more support among sell-side observers. New 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. 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. (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 firekeepers casino 312