Why Penn National Gaming Is a Reopening Stock Investors Should Be Watching
Penn National Gaming (NASDAQ: PENN) operates regional casinos, a mobile sportsbook, and iGaming (online casinos). The company's brick-and-mortar operations suffered losses of revenue and profits at the pandemic's onset when they were forced to close temporarily.
But that part of the business has already recovered even as the U.S. still grapples with ongoing challenges around COVID-19, and that's just one of the reasons why investors should be closely following this company.
Source Fool.com
