encore casino dreb codeShares of Penn National Gaming (NASDAQ:PENN) are higher by nearly 15 percent in midday trading on volume that’s already exceeded the daily average. 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. 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. firekeepers casino 400 resultsThe 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. “For us, we believe PEblackjack casinos in kentuckyNN’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. 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. little river casino traverse city mi

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slot casino near bakersfield caThat’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. Jones 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. wild horse pab casino phone number8 as the most religious state. t would legalize mobile sports betting is making progress. The research firm found that 66 percent of all Georgians consider themselves “highly religious,” and 84 percent “say they believe in God with absolute certainty.”For decades, state lawmakers have been apprehensive in supporting gambling initiatives, which typically tend to go against the values of their constituents.Jones said he would prefer “the citizens have a say” in legalizing sports betting, “but two-thirds of the legislature has never allowed that to happen.” His bill only needs a simple majority in the General Assembly to go to Gov. big fish casino best slot reddit

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online casino welcome bonusBarstool sports founder David Portnoy and CEO Erika Nardini are contributing to a surge in Penn National stock today. 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. t would legalize mobile sports betting is making progress. Brian Kemp’s (R) desk.Kemp opblackjack casinos in kentuckyposes gambling but says he will not stand in the way of bills that have bipartisan support.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. 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. draftkings at casino queen east st louis