little river casino covid 19Now that more states are expected to permit one or both of those pastimes as avenues for bolstering revenue following COVID-19, analysts are ratcheting up estimates.Some are saying sports betting alone could swell to billion, with online casinos jumping to .5 billion over the next several years.JPMorgan likes “the attractive growth potential of the US sports betting/iGaming industry, a segment that likely will be broken out/separated from land-based casinos sooner rather than later — a potential catalyst for valuation multiple expansion and an opportunity we believe is worth per share, or ~46% of the current share price,” according to the bank.Big Bucks BetsOn a conference call with analysts and investors last week, Caesars CEO Tom Reeg said a “permanent solution” for the company’s iGaming and sports wagering businesses could be revealed by the end of this year.Last year, Reeg mentioned the units could be spun off to generate value for investors because the old Caesars equity didn’t adequately reflect the growth opportunity offered by those businesses. Caesars Palace in Atlantic City. At the time, the deal was mostly praised, though some analysts expressed reservations about the price, citing the operator’s high debt burden.The casino company can eventually acquire the sportschumba casino redeemShares of Penn National Gaming (NASDAQ:PENN) are higher by more than seven percent Thursday. But that’s also slightly below the Wall Street average of .Barstool Sports and founder David Portnoy, seen here, are big reasons Goldman Sachs is bullish on Penn National Gaming. wild horse pab casino craps table

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