Posts Tagged ‘BALY’
Gambling Stocks Tumbling After Post-COVID Highs
DraftKings (DKNG), Caesars (CZR), Penn Entertainment (PENN), Bally’s (BALY), and Gambling.com (GAMB) all saw major spikes between 2020-2021. Since then, many gambling stocks have fallen in the market, with PENN down nearly 75% from its 5-year high. The gambling industry now faces a credibility reset, with cautious sentiment and realistic valuations. LAS VEGAS – Stocks…
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