Sports Betting Will Help Many Gaming Companies On The Margins, But Impact Will Likely Be Tempered
May 22, 2018 at 14:31 PM EDT
Some investors might have thought that last week’s Supreme Court decision that paves the way for legal sports betting in all 50 states would have resulted in skyrocketing stock prices of the largest perceived beneficiaries. And yet, the market reaction thus far has been fairly tame. Consider Penn National Gaming (PENN), whose pending merger with … Continue reading "Sports Betting Will Help Many Gaming Companies On The Margins, But Impact Will Likely Be Tempered"