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2024.07.12
big fish casino elite jackpot“While some would argue PENN shares could be overvalued, we believe morongo casino rv parkingthey can continue to work, especially into November, as we expect a number of states to pass gaming legislation that should keep the sports betting/iGaming momentum rolling.”His call, which comes with a “buy” rating, implies an upside of about 27 percent from the Sept. At the time, that was a Wall Street high.Trade to Continue MomentumAt this juncture, as Wieczynski notes, Penn is what’s known as a momentum trade. Penn National investors love Barstool Sports founder David Portnoy, seen here in a CNBC earlier this year, and that’s powering big upside in the stock. treasure island resort casino zoominfoThe 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 2019.3 at .3 million.Mobile Betting Rescues Pennsylvania Pennsylvania took its first legal sports bet in November of 2018. foxwoods resort casino revenue morongo casino vs san manuelblack bear casino winnersThat’s after Stifel analyst Steven Wieczynski placed an price target, up from , on the name, the highest such call on Wall Street. “In our view, the simple answer is yes. Penn National Gaming (NASDAQ:PENN) is extending its scintillating run Thursday, trading higher by almost seven percent. kansas star casino sports betting(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. 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. doubledown casino bonus codes free games online casino slots videosfour winds casino hayward wisconsinAt the time, that was a Wall Street high.Trade to Continue MomentumAt this juncture, as Wieczynski notes, Penn is what’s known as a momentum trade. A top executive at Rutter’s told me last week that the VGTs have performed very well for the convenience store chain. Its previous best was 8.4 million set in January of 2020. Penn National investors love Barstool Sports founder David Portnoy, seen here in a CNBC earlier this year, and that’s powering big upside in the stock. “In our view, the simple answer is yes. Penn National Gaming (NASDAQ:PENN) is extending its scintillating run Thursday, trading higher by almost seven percent. borgata casino sports betting downstream casino lunch buffet |