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cliff castle casino mapBy the end of that month, McTernan lifted his price target on the shares to .Mraging bull casino free no deposit bonus codesomentum Building for Penn StockThe operator of casinos under the Argosy and Hollywood brands, among others, epitomizes a 2020 rags-to-riches story in the gaming space.At the height of the coronavirus crisis, Penn stock slumped below , with some in the investment community pondering the company’s ability to survive. Bally’s on the Las Vegas Strip is operated by Caesars and isn’t part of the “new Bally’s” portfolio.Familiar PartnersIn Bally’s, the old ERI/new Caesars has developed a steady relationship when it comes to off-loading properties,, and it’s a win-win. 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. island view casino msIn 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. Penn National Gaming (NASDAQ:PENN) is garnering more support among sell-side observers. The others are the Belle of Baton Rouge riverboat casino and Harrah’s Louisiana Downs.doubledown casino best slot black hawk casino hrsloto cash casino supportThe Eldorado Shreveport. But that deal collapsed amid the coronavirus pandemic. (Image: Reno Gazette-Journal)That venue is one the company previously known as Eldorado Resorts (ERI) was required by the Federal Trade Commission (FTC) to divest as part of that operator’s effort to acquire the the old version of Caesars for .3 billion.In approving that mega deal, the FTC told ERI to part with gaming venues in the South Lake Tahoe region of Nevada and the Bossier City-Shreveport area of Louisiana. island view casino diningERI was then forced to find another buyer that the FTC would deem financially suitable, ultimately striking an agreement with Bally’s predecessor, Twin River Worldwide Holdings. (Image: Reno Gazette-Journal)That venue is one the company previously known as Eldorado Resorts (ERI) was required by the Federal Trade Commission (FTC) to divest as part of that operator’s effort to acquire the the old version of Caesars for .3 billion.In approving that mega deal, the FTC told ERI to part with gaming venues in the South Lake Tahoe region of Nevada and the Bossier City-Shreveport area of Louisiana. (TRWH).That transaction was announced in April, when gaming property prices were at rock bottom levels due to COVID-19, allowing TRWH to scoop up the Pelican State venue, Mont Bleu Resort Casino & Spa in Lake Tahoe, and Bally’s on the Atlantic City, NJ Boardwalk for just 0 million combined.Important Buy for Bally’sSealing the Eldorado Shreveport transaction is important to Bally’s for multiple reasons.First, it moves along the Rhode Island-based company’s geographic diverraging bull casino free no deposit bonus codessification efforts, while diversifying its revenue stream and reducing its dependence on its home market. turtle lake casino poker tournaments kansas star casino air supplyfree slot machine graphics(Image: Twitter)In a note to clients today, McTernan lifts his price target on the casino operator to 5 from , good for the highest estimate on Wall Street. Rosenblatt Securities analyst Bernie McTernan is boosting his price forecast, helping the shares to modest gains in early trading. Bally’s on the Las Vegas Strip is operated by Caesars and isn’t part of the “new Bally’s” portfolio.Familiar PartnersIn Bally’s, the old ERI/new Caesars has developed a steady relationship when it comes to off-loading properties,, and it’s a win-win. 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. (TRWH).That transaction was announced in April, when gaming property prices were at rock bottom levels due to COVID-19, allowing TRWH to scoop up the Pelican State venue, Mont Bleu Resort Casino & Spa in Lake Tahoe, and Bally’s on the Atlantic City, NJ Boardwalk for just 0 million combined.Important Buy for Bally’sSealing the Eldorado Shreveport transaction is important to Bally’s for multiple reasons.First, it moves along the Rhode Island-based company’s geographic diverraging bull casino free no deposit bonus codessification efforts, while diversifying its revenue stream and reducing its dependence on its home market. That was to ensure competitive balance in those markets is maintained.In January, Eldorado said it was selling its eponymous gaming property in Shreveport, La. valley forge casino resort restaurants club player bonus codes |