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blackjack online browserHe also notes that momentum for Penn could extend with Election Day upcoming because as many as 10 states could “fast track or formally pass” internet gaming and sports betting legislation.Land Based Casinos Still KeyWith Portnoy as the new face of Penn and all the hype surrounding sports wagering, many investors may be overlooking the operator’s core comRutter’s is partnered with Penn National Gaming for its VGT operations.VGTs won .4 million last month. 3 at .3 million.Mobile Betting Rescues Pennsylvania Pennsylvania took its first legal sports bet in November of 2018. hard rock casino south lake tahoe ca“While some would argue PENN shares could be overvalued, we believe free slot games mountain foxthey 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. The slot-like machines can be placed inside certain diesel truck stops. After a run like that, it’d be easy to assume upside from here is limited. nearest casino and hotel brian christopher slots youtube 2018wild 7 casino freeThat’s after Stifel analyst Steven Wieczynski placed an price target, up from , on the name, the highest such call on Wall Street. “While some would argue PENN shares could be overvalued, we believe free slot games mountain foxthey 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. Penn National Gaming (NASDAQ:PENN) is extending its scintillating run Thursday, trading higher by almost seven percent. morongo casino offer codeWagering on sports has been a welcomed bonus to casinos ever since.Sportsbooks posted a record handle in August of 5 million. 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. Oddsmakers kept more than .2 million of the bets last month.Mobile betting commanded the vast majority of the betting handle and win. chinook winds casino free rv parking chumba casino offersriverwind casino websiteRutter’s is partnered with Penn National Gaming for its VGT operations.VGTs won .4 million last month. 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. 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. (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. Its previous best was 8.4 million set in January of 2020. 3 at .3 million.Mobile Betting Rescues Pennsylvania Pennsylvania took its first legal sports bet in November of 2018. seneca niagara casino employee handbook resorts casino twitter |