Reported about 1 year ago
Boyd Gaming is reportedly considering acquiring Penn Entertainment in what could be the biggest merger in the sector in five years. However, Jordan Bender, a Senior Equity Research Analyst, expresses skepticism about the potential deal, citing Boyd's historical conservatism and lack of involvement in online gaming. Bender believes that Boyd shifting to acquire Penn would represent a significant departure from its usual strategy. The online gaming landscape and market dynamics are discussed, highlighting uncertainties about the value and regulatory challenges within the industry.
Source: YAHOO