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Mergers and Acquisitions

All Mergers and Acquisitions  News

Penn stock

Penn CEO Open to Acquisitions, Sees Limited Las Vegas Opportunities

Penn Entertainment (NASDAQ: PENN) is open to dealmaking to add to its portfolio of land-based casinos. But CEO Jay Snowden doesn’t currently see much...

Todd Shriber February 16, 2024
DraftKings

DraftKings Lifts 2024 Guidance with $750M Acquisition of Jackpocket

As it so frequently does when it delivers quarterly financial updates, DraftKings (NASDAQ: DKNG) raised its revenue and earnings before interest, taxes, depreciation, and...

Todd Shriber February 15, 2024
Reno casino gambler Megabucks slot jackpot Nevada

IGT Downgraded as Strategic Review Turns Sluggish

Shares of International Game Technology (NYSE: IGT) slumped Thursday after the stock was downgraded by Jefferies. The research firm lowered its rating on the...

Todd Shriber January 4, 2024