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... Read More..
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... Read More..