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mountaineer casino wheeling west virginiaThe 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 smoke free 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.(NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. black oak casino hotels near(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. That is less than half the 8 percent returned this year by Red Rock Resorts, Inc. That is less than half the 8 percent returned this year by Red Rock Resorts, Inc. raging bull casino promo codes 2021 casino uniformangel of the winds casino car show 2020They’re (traders) buying August calls here.”Options market data suggest traders are wagering shares of Penn National are poised to snap out of those doldrums and bets on the operator of casinos under the Ameristar and Hollywood brands come after the stock surged 8.6 perblack bear casino smoke freecent last week.Bullish Buying With about an hour left in Monday’s trading session, the August Penn National calls, the options mentioned above, had a volume of nearly 13,000 contracts, meaning buyers of those contracts are betting the stock moves above before the options expire on Aug. That’s not a long road for shares of Penn National to travel because the stock trades around .60 at this writing.The August calls by far had the biggest uptick in volume today of PENN options. (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. nearest casino jacksonville fl(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. The Tropicana in Las Vegas operated by Penn National, a stock traders are suddenly excited about. 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. casino table games rules caesar casino bonuspeppermill casino reno careersThe Tropicana in Las Vegas operated by Penn National, a stock traders are suddenly excited about. The company’s last four quarterly reports featured just two upside surprises. “There’s upside call activity. 16. 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. The company’s last four quarterly reports featured just two upside surprises. firekeepers casino cafe 24 7 mgm grand casino directions |