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Down 80%, Here Are 2 Reasons to Buy Penn National Gaming and 1 Reason to Hold Off

Down 80%, Here Are 2 Reasons to Buy Penn National Gaming and 1 Reason to Hold Off

Penn National Gaming (NASDAQ: PENN) bounced back strongly after the coronavirus pandemic devasted the business. The regional brick-and-mortar casino operator was forced to close its doors to gamblers temporarily. Fortunately, casinos are reopening, and folks are returning in droves as gambling provides a much-needed distraction from the several-year-long pandemic.