sycuan casino san diego californiaBut 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 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. Rosenblatt Securities analyst Bernie McTernan is boosting his price forecast, helwhat happened to brian christopher slotsping the shares to modest gains in early trading. is turtle lake casino in wisconsin open now22 close. Wall 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. When several still-pending purchases are finalized, including the aforementioned MontBleu, the operator will control 14 gaming venues in 10 states.Eldorado Shreveport will, at some point next year, likely bear the Bally’s name, as the company is in the process of rebranding all of its venues with that mark. casino video poker games for sale

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fanduel casino on ipadNew 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. Penn National Gaming (NASDAQ:PENN) is garnering more support among sell-side observers. Bally’s on the Las Vegas Strip is operated by Caesars and isn’t part of the “new Bally’s” portfolio.Familiar PartnersIn Bally’s, the old ERI/new Caesars has developed a steady relationship when it comes to off-loading properties,, and it’s a win-win. harrah s cherokee casino careers(Image: Twitter)In a note to clients today, McTernan lifts his price target on the casino operator to 5 from , good for the highest estimate on Wall Street. 22 close. But 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. little.river casino

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thunder valley casino employmentOn Sept. His bullish view on the stock extends a multi-month run in which Penn has become the toast of the analyst community among gaming equities. 10, he initiated coverage with a “buy” rating and an estimate. (Image: NBC News)Citing reopenings that commenced in the second quarter, the research firm says sequential earnings before interest, taxes, depreciation and amortization (EBITDA) growth 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. seven states, a horse racetrack, and 13 authorized off track betting licenses in Colorado. turtle lake casino seafood night