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gold coast casino nightclubChicago Mayor Lori Lightfoot wants Windy City residents to help decide where a casino should be erecteMore than 1,800 of their machines are more than a decade old. (Image: Booking.com)Entering Monday, Penn National was one of the worst-performing stocks in the regional gaming space with a year-to-date gain of just 3.5 percent. viejas casino sports barAhead of Penn National Gaming, Inc.’s (NASDAQ:PENN) second-quarter earnings report due out Thursday before the US markets open, options traders piled into the name Monday, making decidedly upside wagers on the regional gaming company. “To do something like this without having really outside professionals come in, I don’t care who psycuan casino youtubeays for the consultants – if you want me to pay for the consultants – I really would beg the governor and the speaker and the Senate to sit down and together bring in some consultants to analyze.”In the meantime, the Rhode Island GOP has petitioned the state Ethics Commission to launch a probe into the IGT-Raimondo deal.Traders buy call options to express a positive view on a stock while put options are employed to bet that the underlying equity will decline.Penn National, the operator of the Greektown Casino in Detroit, is expected to post earnings of 34 cents a share for the quarter ending June 30, down from 57 cents a year earlier.Analyst Chatter Over the past month, analysts revised profit estimates on Penn National higher by nearly 2 percent. black hawk casinos coronavirus update red stag casino bonus codes july 2020cache creek casino covid 19While PENN doesn’t have a tradition of buoyant earnings updates, some analysts are enthusiastic about the stock over the long-term.Last week, researchsycuan casino youtube firm Susquehanna initiated coverage of the casino operator with a “positive” rating, the equivalent of a “buy” and a price target, implying upside of more than 25 percent from Monday’s closing price.The company says it will install new machines at the Rhode Island casinos, and will agree to a 0 million capital investment mandated in the 20-year contract extension, and maintain 1,100 jobs in the state.Economic StudyIGT financed a study on the economic benefits its operating of the Rhode Island Lottery and casino slot machines provides to the state. The company’s last four quarterly reports featured just two upside surprises. foxwoods resort casino grand theaterWhile PENN doesn’t have a tradition of buoyant earnings updates, some analysts are enthusiastic about the stock over the long-term.Last week, researchsycuan casino youtube firm Susquehanna initiated coverage of the casino operator with a “positive” rating, the equivalent of a “buy” and a price target, implying upside of more than 25 percent from Monday’s closing price.(NYSE:BYD).This one is one (Penn National) that some of the smaller gaming companies have had a lot of love lately,” said options trader Jon Najarian on CNBC earlier today. (NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. aliante casino wiki hallmark casino real moneytreasure island resort and casino las vegasTheir competition, Scientific Games, has made considerably more investment,” Twin River opines.IGT naturally disagrees. Their competition, Scientific Games, has made considerably more investment,” Twin River opines.IGT naturally disagrees. Traders buy call options to express a positive view on a stock while put options are employed to bet that the underlying equity will decline.Penn National, the operator of the Greektown Casino in Detroit, is expected to post earnings of 34 cents a share for the quarter ending June 30, down from 57 cents a year earlier.Analyst Chatter Over the past month, analysts revised profit estimates on Penn National higher by nearly 2 percent. Bryant University Professor of Economics Edi Tebaldi carried out the review, and concluded that IGT will generate 9.5 million in economic activity in the state this year.“IGT supports 2,445 jobs (direct, indirect and induced), produces 6.1 million in labor income, and generates 9.5 million in value for Rhode Island’s economy annually,” Tebaldi said. He adds that tax revenues total nearly million annually for state and local governments.Rhode Island businessman and philanthropist billionaire Alan Hassenfeld – the former chairman and CEO of his family’s Pawtucket-based Hasbro toys – is offering to pay for an independent review regarding the IGT contract extension.“I have no skin in the game with IGT or Twin River,” Hassenfeld told the Journal. “There’s upside call activity. admiral casino and lodge chumba casino no deposit bonus |