2024.07.18
us casino real money onlinePenn National Gaming (NASDAQ:PENN) is extending its scintillating run Thursday, trading higher by almost seven percent. A top executive at Rutter’s told me last week that the VGTs have performed very well for the convenience store chain. (Image: CNBC)With the US sports calendar replenished following the coronavirus shutdown and states shattering previous handle records, Penn’s 36 percent ownership of David Portnoy’s Barstool Sports looks all the more compelling to investors.That’s speeding a rally that’s seen the stock more than double since mid-July. big fish casino reviewsHe also notes that momentum for Penn could extend with Election Day upcoming because as many as 10 states could “fast track or formally pass” internet gaming and sports betting legislation.Land Based Casinos Still KeyWith Portnoy as the new face of Penn and all the hype surrounding sports wagering, many investors may be overlooking the operator’s core comWagering on sports has been a welcomed bonus to casinos ever since.Sportsbooks posted a record handle in August of 5 million. After a run like that, it’d be easy to assume upside from here is limited. poker palace casino big fish casino youtubecasino extreme no deposit bonus todayHe also notes that momentum for Penn could extend with Election Day upcoming because as many as 10 states could “fast track or formally pass” internet gaming and sports betting legislation.Land Based Casinos Still KeyWith Portnoy as the new face of Penn and all the hype surrounding sports wagering, many investors may be overlooking the operator’s core comThe company is currently soft launching its Barstool Sportsbook app in Pennsylvania, putting Portnoy front and center with Barstool fans that Penn hopes to convert into loyal sports bettors.“The question regarding PENN that we get from investors all the time is, ‘Can the momentum trade continue?’” writes Wieczynski. That’s roughly .5 million more than the state received from gaming in August of 2019.firekeepers casino imagesRutter’s is partnered with Penn National Gaming for its VGT operations.VGTs won .4 million last month. After a run like that, it’d be easy to assume upside from here is limited. Its previous best was 8.4 million set in January of 2020. turtle creek casino gas station draftkings casino payoutlive casino reviewMaximum bets on VGTs are set at , and maximum payouts are ,000. That’s after Stifel analyst Steven Wieczynski placed an price target, up from , on the name, the highest such call on Wall Street. After a run like that, it’d be easy to assume upside from here is limited. That’s roughly .5 million more than the state received from gaming in August of 2019.Penn National Gaming (NASDAQ:PENN) is extending its scintillating run Thursday, trading higher by almost seven percent. That’s after Stifel analyst Steven Wieczynski placed an price target, up from , on the name, the highest such call on Wall Street. chinook winds casino directions www san manuel online casino |