Intrinsic value of Penn National Gaming - PENN

Previous Close

$21.37

  Intrinsic Value

$7.33

stock screener

  Rating & Target

str. sell

-66%

Previous close

$21.37

 
Intrinsic value

$7.33

 
Up/down potential

-66%

 
Rating

str. sell

We calculate the intrinsic value of PENN stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 1.8

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.80
  3.92
  4.03
  4.13
  4.21
  4.29
  4.36
  4.43
  4.48
  4.54
  4.58
  4.62
  4.66
  4.69
  4.73
  4.75
  4.78
  4.80
  4.82
  4.84
  4.85
  4.87
  4.88
  4.89
  4.90
  4.91
  4.92
  4.93
  4.94
  4.94
Revenue, $m
  3,268
  3,396
  3,532
  3,678
  3,833
  3,998
  4,172
  4,357
  4,552
  4,758
  4,976
  5,207
  5,449
  5,705
  5,975
  6,259
  6,558
  6,872
  7,204
  7,552
  7,919
  8,304
  8,710
  9,136
  9,584
  10,055
  10,550
  11,070
  11,616
  12,191
Variable operating expenses, $m
  2,677
  2,777
  2,883
  2,996
  3,116
  3,243
  3,379
  3,522
  3,673
  3,833
  3,859
  4,038
  4,226
  4,425
  4,634
  4,854
  5,086
  5,330
  5,587
  5,857
  6,141
  6,440
  6,755
  7,085
  7,433
  7,798
  8,182
  8,585
  9,009
  9,455
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  2,677
  2,777
  2,883
  2,996
  3,116
  3,243
  3,379
  3,522
  3,673
  3,833
  3,859
  4,038
  4,226
  4,425
  4,634
  4,854
  5,086
  5,330
  5,587
  5,857
  6,141
  6,440
  6,755
  7,085
  7,433
  7,798
  8,182
  8,585
  9,009
  9,455
Operating income, $m
  590
  619
  650
  682
  717
  754
  793
  835
  879
  925
  1,117
  1,169
  1,223
  1,280
  1,341
  1,405
  1,472
  1,542
  1,617
  1,695
  1,777
  1,864
  1,955
  2,051
  2,151
  2,257
  2,368
  2,485
  2,607
  2,736
EBITDA, $m
  964
  1,001
  1,042
  1,085
  1,130
  1,179
  1,230
  1,285
  1,342
  1,403
  1,468
  1,535
  1,607
  1,682
  1,762
  1,846
  1,934
  2,027
  2,124
  2,227
  2,335
  2,449
  2,568
  2,694
  2,826
  2,965
  3,111
  3,264
  3,426
  3,595
Interest expense (income), $m
  453
  460
  420
  439
  458
  479
  501
  525
  550
  577
  605
  634
  666
  699
  734
  771
  809
  850
  893
  938
  986
  1,036
  1,089
  1,144
  1,203
  1,264
  1,328
  1,396
  1,467
  1,542
  1,620
Earnings before tax, $m
  130
  199
  211
  224
  238
  253
  268
  285
  302
  320
  482
  503
  524
  547
  570
  595
  622
  649
  678
  709
  741
  775
  811
  848
  887
  929
  972
  1,018
  1,065
  1,116
Tax expense, $m
  35
  54
  57
  61
  64
  68
  72
  77
  82
  86
  130
  136
  142
  148
  154
  161
  168
  175
  183
  191
  200
  209
  219
  229
  240
  251
  262
  275
  288
  301
Net income, $m
  95
  145
  154
  164
  174
  184
  196
  208
  220
  234
  352
  367
  383
  399
  416
  435
  454
  474
  495
  518
  541
  566
  592
  619
  648
  678
  710
  743
  778
  815

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  5,437
  5,650
  5,878
  6,120
  6,378
  6,652
  6,942
  7,249
  7,574
  7,918
  8,280
  8,663
  9,067
  9,493
  9,941
  10,414
  10,911
  11,435
  11,986
  12,566
  13,176
  13,817
  14,492
  15,201
  15,947
  16,730
  17,554
  18,419
  19,329
  20,284
Adjusted assets (=assets-cash), $m
  5,437
  5,650
  5,878
  6,120
  6,378
  6,652
  6,942
  7,249
  7,574
  7,918
  8,280
  8,663
  9,067
  9,493
  9,941
  10,414
  10,911
  11,435
  11,986
  12,566
  13,176
  13,817
  14,492
  15,201
  15,947
  16,730
  17,554
  18,419
  19,329
  20,284
Revenue / Adjusted assets
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
  0.601
Average production assets, $m
  3,637
  3,779
  3,932
  4,094
  4,266
  4,449
  4,643
  4,849
  5,066
  5,296
  5,539
  5,795
  6,065
  6,350
  6,650
  6,966
  7,299
  7,649
  8,018
  8,406
  8,814
  9,243
  9,694
  10,168
  10,667
  11,191
  11,742
  12,321
  12,929
  13,568
Working capital, $m
  -323
  -336
  -350
  -364
  -379
  -396
  -413
  -431
  -451
  -471
  -493
  -515
  -539
  -565
  -591
  -620
  -649
  -680
  -713
  -748
  -784
  -822
  -862
  -904
  -949
  -995
  -1,044
  -1,096
  -1,150
  -1,207
Total debt, $m
  4,377
  4,569
  4,773
  4,992
  5,224
  5,470
  5,731
  6,008
  6,300
  6,609
  6,936
  7,280
  7,644
  8,027
  8,431
  8,856
  9,304
  9,775
  10,271
  10,793
  11,342
  11,919
  12,526
  13,165
  13,835
  14,541
  15,282
  16,061
  16,879
  17,739
Total liabilities, $m
  4,893
  5,085
  5,290
  5,508
  5,740
  5,986
  6,248
  6,524
  6,817
  7,126
  7,452
  7,797
  8,160
  8,543
  8,947
  9,372
  9,820
  10,291
  10,787
  11,309
  11,858
  12,436
  13,043
  13,681
  14,352
  15,057
  15,798
  16,577
  17,396
  18,256
Total equity, $m
  544
  565
  588
  612
  638
  665
  694
  725
  757
  792
  828
  866
  907
  949
  994
  1,041
  1,091
  1,143
  1,199
  1,257
  1,318
  1,382
  1,449
  1,520
  1,595
  1,673
  1,755
  1,842
  1,933
  2,028
Total liabilities and equity, $m
  5,437
  5,650
  5,878
  6,120
  6,378
  6,651
  6,942
  7,249
  7,574
  7,918
  8,280
  8,663
  9,067
  9,492
  9,941
  10,413
  10,911
  11,434
  11,986
  12,566
  13,176
  13,818
  14,492
  15,201
  15,947
  16,730
  17,553
  18,419
  19,329
  20,284
Debt-to-equity ratio
  8.050
  8.090
  8.120
  8.160
  8.190
  8.220
  8.260
  8.290
  8.320
  8.350
  8.380
  8.400
  8.430
  8.460
  8.480
  8.500
  8.530
  8.550
  8.570
  8.590
  8.610
  8.630
  8.640
  8.660
  8.680
  8.690
  8.710
  8.720
  8.730
  8.750
Adjusted equity ratio
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  95
  145
  154
  164
  174
  184
  196
  208
  220
  234
  352
  367
  383
  399
  416
  435
  454
  474
  495
  518
  541
  566
  592
  619
  648
  678
  710
  743
  778
  815
Depreciation, amort., depletion, $m
  373
  382
  392
  402
  413
  425
  437
  450
  464
  478
  351
  367
  384
  402
  421
  441
  462
  484
  507
  532
  558
  585
  614
  644
  675
  708
  743
  780
  818
  859
Funds from operations, $m
  468
  527
  546
  566
  587
  609
  633
  658
  684
  712
  703
  734
  766
  801
  837
  876
  916
  958
  1,003
  1,050
  1,099
  1,151
  1,205
  1,263
  1,323
  1,386
  1,453
  1,523
  1,596
  1,673
Change in working capital, $m
  -12
  -13
  -14
  -14
  -15
  -16
  -17
  -18
  -19
  -20
  -22
  -23
  -24
  -25
  -27
  -28
  -30
  -31
  -33
  -35
  -36
  -38
  -40
  -42
  -44
  -47
  -49
  -51
  -54
  -57
Cash from operations, $m
  480
  540
  560
  580
  602
  625
  650
  676
  703
  732
  724
  757
  791
  826
  864
  904
  945
  989
  1,036
  1,084
  1,135
  1,189
  1,245
  1,305
  1,367
  1,433
  1,502
  1,574
  1,650
  1,730
Maintenance CAPEX, $m
  -222
  -230
  -239
  -249
  -259
  -270
  -282
  -294
  -307
  -321
  -335
  -351
  -367
  -384
  -402
  -421
  -441
  -462
  -484
  -507
  -532
  -558
  -585
  -614
  -644
  -675
  -708
  -743
  -780
  -818
New CAPEX, $m
  -134
  -143
  -152
  -162
  -172
  -183
  -194
  -206
  -217
  -230
  -243
  -256
  -270
  -285
  -300
  -316
  -333
  -350
  -369
  -388
  -408
  -429
  -451
  -474
  -499
  -524
  -551
  -579
  -608
  -639
Cash from investing activities, $m
  -356
  -373
  -391
  -411
  -431
  -453
  -476
  -500
  -524
  -551
  -578
  -607
  -637
  -669
  -702
  -737
  -774
  -812
  -853
  -895
  -940
  -987
  -1,036
  -1,088
  -1,143
  -1,199
  -1,259
  -1,322
  -1,388
  -1,457
Free cash flow, $m
  124
  167
  168
  169
  171
  172
  174
  177
  179
  182
  146
  150
  154
  158
  162
  167
  172
  177
  183
  189
  195
  202
  209
  217
  225
  234
  243
  252
  262
  273
Issuance/(repayment) of debt, $m
  -415
  192
  205
  218
  232
  246
  261
  277
  293
  309
  326
  345
  363
  383
  404
  425
  448
  471
  496
  522
  549
  577
  607
  638
  671
  705
  741
  779
  818
  860
Issuance/(repurchase) of shares, $m
  522
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  107
  192
  205
  218
  232
  246
  261
  277
  293
  309
  326
  345
  363
  383
  404
  425
  448
  471
  496
  522
  549
  577
  607
  638
  671
  705
  741
  779
  818
  860
Total cash flow (excl. dividends), $m
  231
  359
  373
  387
  403
  419
  435
  453
  472
  491
  473
  494
  517
  541
  566
  592
  619
  648
  679
  711
  744
  779
  816
  855
  896
  939
  984
  1,031
  1,081
  1,133
Retained Cash Flow (-), $m
  -617
  -21
  -23
  -24
  -26
  -27
  -29
  -31
  -33
  -34
  -36
  -38
  -40
  -43
  -45
  -47
  -50
  -52
  -55
  -58
  -61
  -64
  -67
  -71
  -75
  -78
  -82
  -87
  -91
  -96
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  -386
  338
  350
  363
  377
  391
  406
  422
  439
  457
  437
  456
  477
  498
  521
  545
  570
  596
  624
  653
  683
  715
  749
  784
  821
  860
  901
  944
  990
  1,037
Discount rate, %
  13.70
  14.39
  15.10
  15.86
  16.65
  17.49
  18.36
  19.28
  20.24
  21.25
  22.32
  23.43
  24.60
  25.83
  27.13
  28.48
  29.91
  31.40
  32.97
  34.62
  36.35
  38.17
  40.08
  42.08
  44.18
  46.39
  48.71
  51.15
  53.71
  56.39
PV of cash for distribution, $m
  -339
  258
  230
  202
  174
  149
  125
  103
  84
  66
  48
  36
  27
  20
  14
  10
  7
  4
  3
  2
  1
  1
  0
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0

Penn National Gaming, Inc. (Penn) is an owner and manager of gaming and racing facilities, and video gaming terminal operations with a focus on slot machine entertainment. The Company operates through three segments: Northeast, South/West and Midwest. The Northeast segment consists of various properties, including Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course and Hollywood Casino Toledo. The South/West segment consists of various properties, such as Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort and Tropicana Las Vegas. The Midwest segment consists of various properties, Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside and Hollywood Casino Lawrenceburg. The Other category consists of the Company's standalone racing operations, including Rosecroft Raceway and Sanford-Orlando Kennel Club.

FINANCIAL RATIOS  of  Penn National Gaming (PENN)

Valuation Ratios
P/E Ratio 17.9
Price to Sales 0.6
Price to Book -3.6
Price to Tangible Book
Price to Cash Flow 4.8
Price to Free Cash Flow 6.4
Growth Rates
Sales Growth Rate 6.9%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -49.7%
Cap. Spend. - 3 Yr. Gr. Rate -12.9%
Financial Strength
Quick Ratio 2
Current Ratio 0.1
LT Debt to Equity -881.8%
Total Debt to Equity -907.9%
Interest Coverage 1
Management Effectiveness
Return On Assets 10.2%
Ret/ On Assets - 3 Yr. Avg. 6.6%
Return On Total Capital 2.4%
Ret/ On T. Cap. - 3 Yr. Avg. -1.2%
Return On Equity -17.9%
Return On Equity - 3 Yr. Avg. -251.3%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 42.6%
Gross Margin - 3 Yr. Avg. 43%
EBITDA Margin 27.9%
EBITDA Margin - 3 Yr. Avg. 24.9%
Operating Margin 17.9%
Oper. Margin - 3 Yr. Avg. 14.8%
Pre-Tax Margin 4%
Pre-Tax Margin - 3 Yr. Avg. 0%
Net Profit Margin 3.6%
Net Profit Margin - 3 Yr. Avg. -1.2%
Effective Tax Rate 9.9%
Eff/ Tax Rate - 3 Yr. Avg. 29.3%
Payout Ratio 0%

PENN stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the PENN stock intrinsic value calculation we used $3147.97 million for the last fiscal year's total revenue generated by Penn National Gaming. The default revenue input number comes from 0001 income statement of Penn National Gaming. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our PENN stock valuation model: a) initial revenue growth rate of 3.8% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 13.7%, whose default value for PENN is calculated based on our internal credit rating of Penn National Gaming, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Penn National Gaming.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of PENN stock the variable cost ratio is equal to 82.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for PENN stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 9.6% for Penn National Gaming.

Corporate tax rate of 27% is the nominal tax rate for Penn National Gaming. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the PENN stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for PENN are equal to 111.3%.

Life of production assets of 15.8 years is the average useful life of capital assets used in Penn National Gaming operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for PENN is equal to -9.9%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $-73.146 million for Penn National Gaming - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 83.523 million for Penn National Gaming is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Penn National Gaming at the current share price and the inputted number of shares is $1.8 billion.

RELATED COMPANIES Price Int.Val. Rating
NYNY Empire Resorts 13.33 26.83  str.buy
BYD Boyd Gaming 25.17 25.76  sell
MCRI Monarch Casino 39.20 13.82  str.sell
SGMS Scientific Gam 19.96 16.98  sell
CNTY Century Casino 7.12 4.28  sell
CHDN Churchill Down 262.00 155.68  sell

COMPANY NEWS

▶ Company News For Nov 15, 2018   [09:47AM  Zacks]
▶ [$$] Penn National to Buy Detroit Casino for $300 Million   [11:48AM  The Wall Street Journal]
▶ Penn National Gaming: 3Q Earnings Snapshot   [Nov-01-18 09:06AM  Associated Press]
▶ Las Vegas Sands Misses As U.S. Casinos Weaken; Dividend Hiked   [Oct-24-18 04:27PM  Investor's Business Daily]
▶ Legal betting to generate $4.2B for major U.S. sports   [Oct-18-18 04:07PM  Yahoo Finance Video]
▶ St. Louis casino operations, real estate change hands   [Oct-16-18 07:42AM  American City Business Journals]
▶ FTC orders sale of KC casino   [10:01AM  American City Business Journals]
▶ Employees can choose salaries but only if co-workers approve   [Sep-25-18 02:02PM  Yahoo Finance Video]
▶ HG Vora Capitals Returns, AUM and Holdings   [Sep-18-18 01:48PM  Insider Monkey]
▶ Encore Boston Harbor Might Be on the Auction Block Again   [Sep-05-18 08:02PM  Motley Fool]
▶ 3 Casino Stocks to Buy Now   [Aug-22-18 10:25AM  InvestorPlace]
▶ 3 Casino Stocks to Buy Now   [Aug-21-18 05:18PM  Zacks]
▶ Weekly CEO Buys Highlight   [Aug-20-18 11:50AM  GuruFocus.com]
▶ Bear of the Day: Wynn Resorts   [Aug-10-18 06:45AM  Zacks]
▶ Why Sin City Casinos Are Having A Come-To-Jesus Moment   [Aug-02-18 04:05PM  Investor's Business Daily]
▶ This Casino Stock Has Become First Sports-Betting Partner Of A Major League   [Jul-31-18 04:06PM  Investor's Business Daily]
▶ This Casino Giant Aims To Be 'Instant Leader' In Sports Betting With Big Deal   [Jul-30-18 11:38AM  Investor's Business Daily]
▶ Penn National Gaming: 2Q Earnings Snapshot   [10:06AM  Associated Press]
▶ 3 Casino Stocks to Buy Now   [Jul-20-18 04:21PM  Zacks]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.