For Casino Companies, Is Real Estate the Real Payoff?By
Shares of Boyd Gaming have been on a hot streak, up 19 percent since March 10, when activist investment firm Elliott Associates announced it was taking a 5 percent stake in the Las Vegas-based casino company. The move signals Elliott’s interest in replicating a real estate play Penn National Gaming made last year when it spun off its 22 properties into a publicly traded real estate investment trust (REIT).
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.