Penn National Gaming

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it expects to open the new land-based Hollywood Casino Joliet to the public on Monday, August 11, pending customary regulatory approvals. PENN's newest casino is scheduled to open nearly six months ahead of the Company's originally scheduled construction timeline. The new state-of-the-art destination entertainment facility will anchor Rock Run Collection, a new super-regional.» Mehr auf businesswire.com

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today issued the following letter to shareholders. The full text of the letter follows: Dear Fellow Shareholder, On May 19, 2025, we informed you that PENN would not be expending resources to solicit proxies for the PENN White Card over the HG Vora Gold Card as both HG Vora and the Company are recommending the same directors for the two open positions at this year's Annual Meeting. While we attem.» Mehr auf businesswire.com

PENN's online sports betting efforts, especially ESPN Bets, have underperformed due to poor user experience and unsustainable promo-driven growth. Increased competition is pressuring both PENN's interactive and brick-and-mortar segments, leading to negative growth, accompanied by potential macroeconomic headwinds. My valuation suggests a fair value of $14.03; however, there is over 40% upside to be realized contingent on PENN divesting from its interactive segment.» Mehr auf seekingalpha.com