Penn Entertainment Shares Soar On Buyout Report: What Investors Should Know
Penn Entertainment Shares Soar On Buyout Report: What Investors Should Know
Shares of PENN Entertainment (NASDAQ:PENN) traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector.
佩恩國民博彩股票（納斯達克：PENN）週四下午交易上漲，因一份報告將該公司與可能改變博彩業的收購聯繫在一起。
What Happened: Penn Entertainment has been approached by Boyd Gaming (NYSE:BYD) according to a new report from Reuters. The report comes as Penn shares are down 23% year-to-date in 2024 and the company has struggled to grow with its new ESPN Bet online sports betting platform.
發生了什麼：據路透社的一份新報告，博伊德賭場公司（紐交所：BYD）已接近佩恩國民博彩公司。報告稱，佩恩公司的股票在2024年的年初已經下跌了23％，公司一直努力發展其新的ESPN Bet在線體育博彩平台。
The deal could face challenges getting off the ground, with Body having a smaller valuation when factoring in debt than Penn. A merger or acquisition of Penn could mark the largest in the gambling space in the United States since the $17.3 billion 2020 deal that merged Caesars Entertainment (NASDAQ:CZR) and Eldorado Resorts.
對於這筆交易，可能會面臨一些挑戰，因爲博伊德的估值（計算債務時）要小於佩恩國民博彩。佩恩國民博彩的合併或收購可能標誌着美國博彩行業自2020年卡斯巴娛樂（納斯達克：CZR）和埃爾多拉多度假村（Eldorado Resorts）合併達到173億美元以來最大的一筆交易。
Another key to the deal would be Boyd winning over The Walt Disney Company (NYSE:DIS), since Penn has a licensing agreement for the ESPN Bet brand for its sportsbook from the media company. Penn has a 10-year deal with Disney for the ESPN brand.
交易的另一個關鍵是博伊德公司能否贏得華特迪士尼公司的青睞，因爲佩恩國民博彩公司已獲得了該媒體公司的ESPN品牌的授權來進行其體育博彩業務。佩恩國民博彩公司與迪士尼簽訂了爲期10年的授權協議，可使用ESPN品牌。
Penn has 43 casinos and racetracks in 20 states, along with the online sports betting and online casino businesses.
佩恩國民博彩公司在20個州擁有43家賭場和賽馬場，還擁有在線體育博彩和在線博彩業務。
Boyd has 28 properties in 10 states and also has a 5% stake in FanDuel, which is a unit of Flutter Entertainment (NYSE:FLUT). Body has an online casino gaming business, but is not a large player in the online sports betting market.
博伊德在10個州擁有28個產業，並擁有Flutter Entertainment（紐交所：FLUT）旗下的FanDuel 5％的股份。博伊德擁有在線賭場遊戲業務，但在在線體育博彩市場上並不是一個大型的參與者。
Related Link: Sports Betting Sector Could See Duopoly Or Oligopoly In Most States: Goldman Sachs Analyst Favors These 2 Stocks
相關鏈接：高盛分析師青睞這兩隻股票：體育博彩行業將在大多數州形成壟斷或寡頭。
Why It's Important: Penn saw early success with the launch of ESPN Bet, but the sports betting brand has failed to gain market share in many states alongside market leaders DraftKings Inc (NASDAQ:DKNG) and FanDuel.
佩恩國民博彩在推出ESPN計劃的早期取得了成功，但是該體育博彩品牌未能像市場領導者DraftKings Inc（納斯達克：DKNG）和FanDuel一樣在許多州獲得市場份額。
Penn has also been criticized for its $550 million spent to acquire Barstool Sports before selling the company back to its founder Dave Portnoy for $1 years later.
佩恩國民博彩公司在耗資5.5億美元收購Barstool Sports之後，批評聲四起，之後又將該公司賣給其創始人Dave Portnoy。
The losses from the company's online business have worried some investors, as the casino business has shown strong results in recent years.
公司在線業務的虧損讓一些投資者感到擔憂，因爲賭場業務在近年來表現出強勁的增長勢頭。
Recently, analysts have become more favorable towards Penn as the company strategically focuses on long-term profitability for its online betting platform and reports strong casino traffic.
近期，分析師對佩恩國民博彩公司變得更加持樂觀態度，因爲該公司戰略地專注於其在線博彩平台的長期盈利能力，並報告了強勁的賭場營業額。
The latest news indicates the early stages of a potential deal, but there is no certainty that Penn will enter talks or is considering selling its business.
最新消息表明這是潛在交易的早期階段，但無法確定佩恩國民博彩公司是否會進行談判或考慮出售其業務。
PENN, BYD Price Action: Penn shares were up 10% to $20.04 on Thursday, versus a 52-week trading range of $13.50 to $29.38.
PENN和BYD股價活躍：週四，佩恩公司的股價上漲10％至20.04美元，而52周交易區間爲13.50-29.38美元。
Boyd shares fell 2% to $52.74 on Thursday on news of the report.
週四，由於有關報道，博伊德公司的股價下跌了2％，至52.74美元。
譯文內容由第三人軟體翻譯。