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Fly News Breaks for July 20, 2015
GLPI, BYD, PNK, PENN
Jul 20, 2015 | 07:44 EDT
BofA/Merrill said Q2 regional gross gaming revenues have bee strong with June pacing to be the fifth up month in a row and pacing at +2% year-over-year. The firm raised Q2 estimates across the board and expects strong EBITDA beats all around. BofA/Merrill remains Buy rated on Penn National (PENN) and believes its diversification and Plainridge opportunity makes it the best way to play the group.
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