turtle creek casino newsJones says mobile sports betting could generate million in new yearly tax money for the state.Mobile sports betting would be regulated by the Georgia Lottery. Wieczynski is taking a different view, saying with all the hoopla surrounding iGaming and sports betting, investors may be overlooking the value of Penn’s core competency: land-based casinos.While we understand the long-term sports betting opportunity is real, we aren’t sure we are willing to subscribe as much value to PENN shares today, given many uncertainties that need to be addressed,” said the analyst. The analyst reiterated a “buy” rating on the regional gaming name while boosting his price forecast on the stock to from .Recently, Penn is drawing plenty of bullish commentary from the sell-side community, with much of that ebullience revolving around the operator’s online casinos and sports wagering businesses – segments executives are saying will be material earnings and revenue contributors as soon as 2021. kansas star casino winnersWieczynski is taking a different view, saying with all the hoopla surrounding iGaming and sports betting, investors may be overlooking the value of Penn’s core competency: land-based casinos.While we understand the long-term sports betting opportunity is real, we aren’t sure we are willing to subscribe as much value to PENN shares today, given many uncertainties that need to be addressed,” said the analyst. Jones says a legislative counsel has advised him that authorizing mobile sports betting doesn’t require a constitutional ballot referendum because it would essentially become another lottery game.Opposition AplentyThe resolution and sports betting bill both face long odds. Brian Kemp’s (R) desk.Kemp optable games las vegas casinosposes gambling but says he will not stand in the way of bills that have bipartisan support.find a casino near me

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valley forge casino concertsBurt Jones (R-Jackson), SB403 would charge mobile sportsbook operators a 0,000 annual fee, and tax sports betting revenue at 20 percent. 8 as the most religious state. t would legalize mobile sports betting is making progress. free slots zeusThat’s after Barstool Sports founder David Portnoy said his company, which is 36 percent owned by Penn, has a “stranglehold” on gamblers. Jones says a legislative counsel has advised him that authorizing mobile sports betting doesn’t require a constitutional ballot referendum because it would essentially become another lottery game.Opposition AplentyThe resolution and sports betting bill both face long odds. (Image: Business Insider)A new note from Stifel analyst Steven Wieczynski is also helping the Penn cause today. morongo casino careers

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doubledown casino home page“For us, we believe PEtable games las vegas casinosNN’s core operations are worth ~/share which means you are getting the sports betting/iGaming long-term opportunity essentially for free at this point.”He acknowledges he’s not as enthusiastic about sports betting as some investors are, but “in today’s dollars, it’s worth ~/share to PENN.”Portnoy, Ever the ShowmanPortnoy’s comments in a Monday evening CNBC interview are favorably affecting Penn stock, too. Wieczynski is taking a different view, saying with all the hoopla surrounding iGaming and sports betting, investors may be overlooking the value of Penn’s core competency: land-based casinos.While we understand the long-term sports betting opportunity is real, we aren’t sure we are willing to subscribe as much value to PENN shares today, given many uncertainties that need to be addressed,” said the analyst. That’s after Barstool Sports founder David Portnoy said his company, which is 36 percent owned by Penn, has a “stranglehold” on gamblers. (Image: Business Insider)A new note from Stifel analyst Steven Wieczynski is also helping the Penn cause today. Brian Kemp’s (R) desk.Kemp optable games las vegas casinosposes gambling but says he will not stand in the way of bills that have bipartisan support.The Georgia Legislature is in its final week for the 2020 session, and the state has long been anti-gambling.Pew Research ranks Georgia No. play for free casino slots no download