riversweeps online casino bet777On Sept. Rosenblatt Securities analyst Bernie McTernan is boosting his price forecast, helgolden nugget casino hotelping the shares to modest gains in early trading. New state legislation for online sports betting and iGaming as state governments deal with the impact of COVID-19 on their budgets,” said McTernan.The analyst’s affinity for Penn stock is rapidly growing. online gambling ohio lawsWall Street prefers regional operators to those with heavy Las Vegas footprints, because the former aren’t levered to business travel and convention trends on par with Sin City.McTernan’s price estimate on Penn stock, which is the highest on Wall Street, implies upside of 20.1 percent from the Dec. By the end of that month, McTernan lifted his price target on the shares to .Momentum Building for Penn StockThe operator of casinos under the Argosy and Hollywood brands, among others, epitomizes a 2020 rags-to-riches story in the gaming space.At the height of the coronavirus crisis, Penn stock slumped below , with some in the investment community pondering the company’s ability to survive. 22 close. gta v roulette casino

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3kings live casinoThe company is doing just that, as it’s debuting Barstool Sportsbooks today at its Greektown Casino Hotel in Detroit and at the Hollywood Casino Lawrenceburg in Indiana. New state legislation for online sports betting and iGaming as state governments deal with the impact of COVID-19 on their budgets,” said McTernan.The analyst’s affinity for Penn stock is rapidly growing. New state legislation for online sports betting and iGaming as state governments deal with the impact of COVID-19 on their budgets,” said McTernan.The analyst’s affinity for Penn stock is rapidly growing. encore casino violenceIn lifting his projection on the name, the analyst cites the familiar factors of state-level proliferation of online casinos and sports betting.Market share in new state launches, as the Barstool sportsbook app will be at the same starting line as competitors. Since then, the golden nugget casino hotelshares are up a staggering 2,478.40 percent, as Wall Street becomes enamored by the relationship with Barstool Sports and the prospects for iGaming.That momentum is showing essentially no signs of waning. The travel and leisure industry is ready to put 2020 behind it, and Moody’s Investors Service sees gaming as one of the segments most likely to firm up next year. ruby slots promotions

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paragon casino ownersBut that forecast may need to move higher, because the shares are flirting with at this writing.Fundamentals Backstop Bullish ThesisRosenblatt’s McTernan is bullish on Penn due in part to sports wagering expansion. The others are the Belle of Baton Rouge riverboat casino and Harrah’s Louisiana Downs.Penn National Gaming (NASDAQ:PENN) is garnering more support among sell-side observers. 10, he initiated coverage with a “buy” rating and an estimate. 22 close. The Las Vegas Strip. jackson rancheria casino jackson california