About PENN Entertainment, Inc. - Common Stock (PENN)
Penn Entertainment Inc is a leading player in the gaming and entertainment industry, primarily focused on operating a diverse portfolio of casinos and gaming facilities across the United States. The company provides a wide array of gaming options, including slot machines, table games, and online gaming platforms, aimed at delivering an engaging experience for its customers. Additionally, Penn Entertainment engages in strategic partnerships and ventures, enhancing its market presence and offering innovative entertainment experiences, such as live events and sports betting integrations. Through its commitment to customer satisfaction and community engagement, the company continues to grow and evolve within the dynamic landscape of the entertainment sector. Read More
What Happened? A number of stocks fell in the afternoon session after the latest University of Michigan survey revealed a sharp drop in consumer sentiment to...
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer discretionary - casino operator industry, including ...
In a decisive move that could reshape the landscape of digital wagering, Senators Adam Schiff (D-CA) and John Curtis (R-UT) introduced the "Prediction Markets Are Gambling Act" on March 23, 2026. The bipartisan legislation aims to strip the Commodity Futures Trading Commission (CFTC) of its authority to oversee sports-related contracts,
The performance of consumer discretionary businesses is closely linked to economic cycles. This sensitive demand profile can cause discretionary stocks to pl...
In a display of remarkable relative strength against a backdrop of heightened global volatility, shares of DraftKings Inc. (NASDAQ: DKNG) surged 7.0% on Monday, March 23, 2026. The rally was sparked by a forceful reiteration of an 'Outperform' rating from Citizens JMP Securities, which maintained a price target of
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the consumer discretionary - casino operator stocks, including MGM Resorts (NYSE:MGM) a...
PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it expects to open the new land-based Hollywood Casino Aurora to the public on Wednesday, June 24, pending customary regulatory approvals. This will be the second all-new PENN property to open in the Chicagoland region following the grand opening of the land-based Hollywood Casino Joliet in August 2025.
PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today that it expects to open the new state-of-the-art hotel tower at Hollywood Casino Columbus on June 12, 2026, pending customary regulatory approvals.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today does...
Shares of casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN)
jumped 14.8% in the morning session after the company reported fourth-quarter financial results that surpassed Wall Street expectations for both revenue and earnings.
Casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN) announced better-than-expected revenue in Q4 CY2025, with sales up 8.2% year on year to $1.81 billion. Its non-GAAP profit of $0.07 per share was significantly above analysts’ consensus estimates.
Casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN)
will be reporting earnings this Thursday before market hours. Here’s what you need to know.
A number of stocks fell in the morning session after the Trump administration's announcement of new global tariffs, reignited trade policy uncertainty. The move came swiftly after the Supreme Court ruled the previous week that the president could not use the International Emergency Economic Powers Act (IEEPA) for such duties, a decision that had initially sent markets higher. However, the administration invoked a different authority, the Trade Act of 1974, to impose a 15% global tariff for up to 150 days. The rapid reimposition of trade barriers creates significant uncertainty for companies across multiple sectors that depend on international supply chains and global trade. Investors are now weighing the potential impact of these new duties on corporate earnings and broader economic activity.
In a tale of two markets, Caesars Entertainment (NASDAQ:CZR) reported a fourth-quarter earnings result that underscored a profound shift in the gaming giant’s financial architecture. While the glitz and glamour of the Las Vegas Strip showed signs of a post-pandemic "normalization"—marked by cooling hotel rates and lower
PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced the appointment of three new independent directors, Heather Ace, Jeffrey Fox and Fabio Schiavolin, to its Board of Directors (the “Board”), effective immediately. In connection with these appointments, the Company has entered into a cooperation agreement with HG Vora Capital Management, LLC and certain of its affiliates (collectively, “HG Vora”).
Expensive stocks often command premium valuations because the market thinks their business models are exceptional.
However, the downside is that high expectations are already baked into their prices, leaving little room for error if they stumble even slightly.
The high-stakes world of online gaming met a harsh reality check on Friday as shares of DraftKings Inc. (Nasdaq: DKNG) plummeted 13.4%, wiping out billions in market capitalization in a single trading session. The sell-off came despite the Boston-based operator reporting its first-ever year of positive net income in
