News Formal

Boyd Gaming Considering Penn Entertainment Acquisition

  • 📰 Covers
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 341. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boyd Gaming eyes $9 Billion acquisition of Penn EntertainmentBoyd Gaming eyes $9 Billion acquisition of Penn Entertainment
Source: Investingcom - 🏆 450. / 53 Read more »