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fanduel casino njBurt Jones (R-Jackson), SB403 would charge mobile sportsbook operators a 0,000 annual fee, and tax sports betting revenue at 20 percent. 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. 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. when is seven feathers casino going to reopenWieczynski 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 Barstool founder is roiling the Wall Street elite with his day trading antics, bashing revered investors such as Warren Buffett while recently blasting an analyst that issued a “sell” rating on Penn.All that showmanship is keeping fans engaged with Barstool at a time when US sports offerings remain limited, potentially giving investors reasons to believe Penn’s stake in the sports media and pop culture blog will pay off in a big way.In the interview, Portnoy was joined by Penn CEO Jay Snowden and Barstool CEO Erika Nardini, the latter giving Penn shareholders reasons for optimism, too. Barstool sports founder David Portnoy and CEO Erika Nardini are contributing to a surge in Penn National stock today. winstar world casino games island resort and casino mi golfhollywood casino harrisburgWieczynski 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. “For us, we believe PEtable games las vegas casinosNN’s core operations are worth ~/share which means you are getting the sports betting/iGaming long-term opportunity essentially for free at this point.”He acknowledges he’s not as enthusiastic about sports betting as some investors are, but “in today’s dollars, it’s worth ~/share to PENN.”Portnoy, Ever the ShowmanPortnoy’s comments in a Monday evening CNBC interview are favorably affecting Penn stock, too. ruby slots casino promo codesShares of Penn National Gaming (NASDAQ:PENN) are higher by nearly 15 percent in midday trading on volume that’s already exceeded the daily average. 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. 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. blackjack casino shreveport table game casinos montanabellagio casino walkthroughShares 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. “For us, we believe PEtable games las vegas casinosNN’s core operations are worth ~/share which means you are getting the sports betting/iGaming long-term opportunity essentially for free at this point.”He acknowledges he’s not as enthusiastic about sports betting as some investors are, but “in today’s dollars, it’s worth ~/share to PENN.”Portnoy, Ever the ShowmanPortnoy’s comments in a Monday evening CNBC interview are favorably affecting Penn stock, too. Burt Jones (R-Jackson), SB403 would charge mobile sportsbook operators a 0,000 annual fee, and tax sports betting revenue at 20 percent. 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. (Image: Business Insider)A new note from Stifel analyst Steven Wieczynski is also helping the Penn cause today. live casino hotel philadelphia betrivers casino promo code michigan |