Gambling Stock Roundup: PENN, BYD Announce Buyouts, MLCO Launches Hotel Brand – Nasdaq
The last week saw gambling industry players Penn National Gaming Inc. PENN and Boyd Gaming Corporation BYD announcing buyouts. Melco Resorts & Entertainment Limited MLCO announced the launch of a luxury hotel brand, NUWA. Week’s Most Important Stories in Detail Penn National agreed to buy Pinnacle Entertainment Inc. (PNK) for $1.87 billion in cash and…