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Penn National Gaming plans to spin off Sin Stock REIT

Penn National Gaming (PENN) is a gambling sin stock that owns gaming, racing, and slot machine entertainment in 19 jurisdictions. Recently, the company announced that they are starting the process of spinning off another company (subject to approval from the appropriate regulatory organizations) so that...
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What Are Gambling Sin Stocks?

Sin stocks are stocks that profit from social taboos and activities that are perceived to be “forbidden” or highly restricted. Alcohol and tobacco are two well-known sin stocks. Gambling sin stocks are another group of well-known sin stocks. As the name suggests, gambling sin stocks...
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DISCLAIMER

Nothing on this site is a recommendation because, hey, I can't read your mind and I don't know what you have in your portfolio, and I'm not a licensed financial advisor. So never EVER trade without doing your due diligence. If you want more information about this fascinating topic, please check out the Sin Stocks Disclaimer page which basically says the same thing but more emphatically.