free online poker with real playersPenn National Gaming’s (NASDAQ:PENN) scintillating redemption story hit a stumbling block Monday, as an analyst tagged the gaming stock with a “sell” rating and a price forecast that implies significant downside from current levels. For example, the growth of sports betting is a big part of the Penn investment thesis. This year started strong for the casinos – gross gaming revenue (GGR) up nearly seven percent through February, and sports betting readying to go live. caesar casino las vegasBarstool Sports founder David Portnoy is none-too-pleased with analyst Carlo Santarelli’s call on Penn National, which owns part of Barstool. The three properties won a record .45 billion in 2019. This year started strong for the casinos – gross gaming revenue (GGR) up nearly seven percent through February, and sports betting readying to go live. aliante casino theater showtimes

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miami club casino deposit bonusTen of his 13 peers rate Penn the equivalent of “buy” or “strong buy.”Not All Bad NewsSantarelli also acknowledges that there is some risk in assigning a bearish mark to Penn at a time when the broader market is strong and investors are embracing “story” desert diamond casino lost and foundstocks.“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.Penn, while previously viewed as a brick-and-mortar casino operator, is now being seen through the lenses of sports wagering and online casinos, verticals that could each be worth billion over the next several years.Santarelli says Penn’s iGaming and sports betting business are worth .5 billion, or a share.Ten of his 13 peers rate Penn the equivalent of “buy” or “strong buy.”Not All Bad NewsSantarelli also acknowledges that there is some risk in assigning a bearish mark to Penn at a time when the broader market is strong and investors are embracing “story” desert diamond casino lost and foundstocks.“In our view, the biggest risk to our call is the near term and a rising equity market, which is embracing story/concept stocks,” he said.Penn, while previously viewed as a brick-and-mortar casino operator, is now being seen through the lenses of sports wagering and online casinos, verticals that could each be worth billion over the next several years.Santarelli says Penn’s iGaming and sports betting business are worth .5 billion, or a share.(Image: Twitter)In a note to clients today, Deutsche Bank analyst Carlo Santarelli pared his rating on shares of the Ameristar operator to “sell” from “hold,” while lifting his price target on the name to from . fanduel casino illinoisFor example, the growth of sports betting is a big part of the Penn investment thesis. “We required the casinos to propose reopening plans, and we consulted with the casino unions on the guidelines.”“We believe the guidelines will protect the public when it is safe to reopen the casinos,” Kalm concluded.Full Reopening Ways AwayDetroit is home to the only commercial casinos in Michigan. Then the coronavirus struck.Detroit Mayor Mike Duggan (D) says he doesn’t expect the casinos to resume full-scale operations until, perhaps, 2021. drake casino codes 2021

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clearwater casino pow wowThen the coronavirus struck.Detroit Mayor Mike Duggan (D) says he doesn’t expect the casinos to resume full-scale operations until, perhaps, 2021. “We required the casinos to propose reopening plans, and we consulted with the casino unions on the guidelines.”“We believe the guidelines will protect the public when it is safe to reopen the casinos,” Kalm concluded.Full Reopening Ways AwayDetroit is home to the only commercial casinos in Michigan. An upward price estimate revision is usually a bullish sign. (Image: Twitter)In a note to clients today, Deutsche Bank analyst Carlo Santarelli pared his rating on shares of the Ameristar operator to “sell” from “hold,” while lifting his price target on the name to from . He’s the only one of 14 analysts covering the stock with a bearish mark on the name, and his price call is well below the consensus average of almost . The three properties won a record .45 billion in 2019. is paragon casino smoke free