Bally's Board Chairman Thinks Bally Bet Will Complement, Not Cannibalize The Company's Retail Casino Business
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Casino Stocks To Buy: Penn National Gaming (PENN) Source: Casimiro PT / Shutterstock.com PENN stock has surged by 484% over the past year. However, year-to-date, the stock has remained largely sideways — up just 5%. That said, this seems like a good opportunity to buy. Needham recently started coverage on the stock with a price target of $151. This would imply an upside of 67% from current levels of $90.40. One reason for being bullish on Penn National is the company’s omni-channel capabilities. In fiscal year 2020, the company acquired 36% stake in Barstool Sports. With online sports bet...