2024.07.18
mgm grand casino addreb(Image: Business Insider)A new note from Stifel analyst Steven Wieczynski is also helping the Penn cause today. As it pertains to Penn, that means some may be missing good news in the company’s core business.“We actually believe investors haven’t subscribed enough value to PENN’s core business and the opportunity the company has in front of them around improving operations/margins over the next couple of years,” said Wieczynski.Following the coronavirus shutdown, Penn is improvin8 as the most religious state. live casino socialWieczynski is taking a different view, saying with all the hoopla surrounding iGaming and sports betting, investors may be overlooking the value of Penn’s core competency: land-based casinos.While we understand the long-term sports betting opportunity is real, we aren’t sure we are willing to subscribe as much value to PENN shares today, given many uncertainties that need to be addressed,” said the analyst. The analyst reiterated a “buy” rating on the regional gaming name while boosting his price forecast on the stock to from .Recently, Penn is drawing plenty of bullish commentary from the sell-side community, with much of that ebullience revolving around the operator’s online casinos and sports wagering businesses – segments executives are saying will be material earnings and revenue contributors as soon as 2021. t would legalize mobile sports betting is making progress. miami club casino no deposit code x casino onlineluckyland slots on iphoneBarstool sports founder David Portnoy and CEO Erika Nardini are contributing to a surge in Penn National stock today. Jones says a legislative counsel has advised him that authorizing mobile sports betting doesn’t require a constitutional ballot referendum because it would essentially become another lottery game.Opposition AplentyThe resolution and sports betting bill both face long odds. Wieczynski is taking a different view, saying with all the hoopla surrounding iGaming and sports betting, investors may be overlooking the value of Penn’s core competency: land-based casinos.While we understand the long-term sports betting opportunity is real, we aren’t sure we are willing to subscribe as much value to PENN shares today, given many uncertainties that need to be addressed,” said the analyst. 32red casino no deposit bonusJones says a legislative counsel has advised him that authorizing mobile sports betting doesn’t require a constitutional ballot referendum because it would essentially become another lottery game.Opposition AplentyThe resolution and sports betting bill both face long odds. The Georgia Legislature is in its final week for the 2020 session, and the state has long been anti-gambling.Pew Research ranks Georgia No. Brian Kemp’s (R) desk.Kemp optable games las vegas casinosposes gambling but says he will not stand in the way of bills that have bipartisan support.clearwater casino idaho free blackjack casino gamesjamul casino jive loungeThe analyst reiterated a “buy” rating on the regional gaming name while boosting his price forecast on the stock to from .Recently, Penn is drawing plenty of bullish commentary from the sell-side community, with much of that ebullience revolving around the operator’s online casinos and sports wagering businesses – segments executives are saying will be material earnings and revenue contributors as soon as 2021. Shares of Penn National Gaming (NASDAQ:PENN) are higher by nearly 15 percent in midday trading on volume that’s already exceeded the daily average. Shares of Penn National Gaming (NASDAQ:PENN) are higher by nearly 15 percent in midday trading on volume that’s already exceeded the daily average. Senate Bill 403 is set to go before the full Senate this week.Introduced by Sen. Senate Bill 403 is set to go before the full Senate this week.Introduced by Sen. t would legalize mobile sports betting is making progress. chumba casino host black bear casino shooting 2020 |