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Boyd Gaming Considering Penn Entertainment Acquisition

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Despite reported interest from Boyd Gaming, Penn Entertainment sources say there is no certainty that the company will entertain takeover talks.

. Boyd owns and operates 28 gambling properties across 10 U.S. states, including casinos, racinos, and non-gaming properties. It also has a minority stake in sports betting and iGaming operator FanDuel.

Another potential obstacle is Disney’s involvement as a stakeholder in Penn Entertainment because of the ESPN BET partnership, which will require it to agree to the acquisition. And lastly, there are expected challenges from regulators in the states where both companies currently operate.

 

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Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »