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Penn National (NASDAQ:PENN) Spinoff Step Boost Casino Shares Up- PENN, MGM, LVS, CCL, ASCA

On Friday, U.S. casino operators’ shares surged as Penn National Gaming, Inc (NASDAQ:PENN) aims to split some real estate assets drew attention to a more tax-competent structure that could benefit gaming industry investors. Penn National’s shares jumped 38% following it declared plans on Thursday to skim off 17 casino properties into a novel firm that […]