raging bull casino mobileEarlier this year, Snowden said online gaming and sports wagering should have a “material” impact on Penn’s top and bottom lines in 2021.Top ChoiceDuring the course of its meteoric rise since March, Penn is getting plenty of support from sell-side analysts, with Bank of America’s (BofA) Shaun Kelley reiterating a bullish view on the name today.“We think PENN remains best-positioned among land-based operators, and see upside potential for their core business as well,” said Kelley in a Tuesday note.PENN shares currently trade at 9.6x/9.0x 2021E/2022E earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR), above their 7.5x long-term operating company average, but hardly extreme for a gaming company,” Kelley continued.He has a “buy” rating on the stock with a .75 price target, well above the Wall Street average of .46.A Wynn Resort King for a two-night stay Friday through Sunday averages 9 per night. Officials with the casino company said the decision is because of customer feedback. harrah s casino oklahoma city“We will continue to assess the situation and will make a determination on reopening at the appropriate time.”Caesars Palace had planned to reopen its Bacchanal Buffet in August but has since announced it will not resume business until some time later this year.Buffet Bounce BackThe Cosmopolitan’s Wicked Spoon is the only buffet currently in operation on the Las Vegas Strip. Earlier this year, Snowden said online gaming and sports wagering should have a “material” impact on Penn’s top and bottom lines in 2021.Top ChoiceDuring the course of its meteoric rise since March, Penn is getting plenty of support from sell-side analysts, with Bank of America’s (BofA) Shaun Kelley reiterating a bullish view on the name today.“We think PENN remains best-positioned among land-based operators, and see upside potential for their core business as well,” said Kelley in a Tuesday note.PENN shares currently trade at 9.6x/9.0x 2021E/2022E earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR), above their 7.5x long-term operating company average, but hardly extreme for a gaming company,” Kelley continued.He has a “buy” rating on the stock with a .75 price target, well above the Wall Street average of .46.(Image: CBS Las Vegas)Wynn Resorts said the response to the new buffet, which opened June 18, has been less than enthusiastic. is turtle creek casino smoke free

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