Tag: Penn Entertainment

09/15/26 11:38 AM

Las Vegas recovery slowing, analyst says

  • David McKee, CDC Gaming
It’s a difficult time for gaming stocks, according to J.P. Morgan analyst Daniel Politzer in an investor note released on Tuesday. “Las... more
09/10/26 11:41 AM

Penn Entertainment breaks ground on Iowa casino

  • Chris Sieroty — Managing Editor, CDC Gaming
Penn Entertainment will break ground on Monday for a new land-based Hollywood-branded casino in Council Bluffs, Iowa, as it replaces its... more
08/17/26 11:22 AM

Penn Entertainment invests $195 million in New Orleans casino relocation

  • Chris Sieroty — Managing Editor, CDC Gaming
Penn Entertainment announced plans Monday to invest about $195 million to relocate its Boomtown Casino and Hotel New Orleans riverboat... more
08/10/26 11:01 AM

Wall Street Bets: DraftKings, Penn Entertainment, Inspired Entertainment, New York online sports betting

  • Rege Behe — Lead Contributor, CDC Gaming
J.P. Morgan’s Dan Politzer examined the recent DraftKings’ earnings call on August 7: “DraftKings’ report itself was better than feared, as... more
08/06/26 2:47 PM

Penn Entertainment earnings call: Operator remains on steady track

  • Rege Behe — Lead Contributor, CDC Gaming
Most quarterly earnings calls focus on a single aspect of a company’s dealing the past three months. But Penn Entertainment’s earnings... more
08/06/26 1:01 PM

Penn revenue reaches $1.5 billion in revenue for second quarter

  • Rege Behe — Lead Contributor, CDC Gaming
Penn Entertainment on Thursday posted revenue of $1.5 billion for the second quarter. Segment Adjusted EBITDAR was $517.2 million and... more
07/20/26 9:28 AM

Wall Street Bets: Earnings reports, hotel average daily rates, second quarter

  • Rege Behe — Lead Contributor, CDC Gaming
Truist Securities’ Barry Jonas looked at forthcoming earnings reports for second quarter on July 20: “Regionals looks to be the best house... more
06/29/26 11:52 AM

Wall Street Bets: Hollywood Aurora, World Cup wagering, Caesars’ deal

  • Rege Behe — Lead Contributor, CDC Gaming
  Jeffries’ David Katz looked at the opening of Penn Entertainment’s Hollywood Casino Aurora on June 26: “Our visit to Penn’s... more
06/28/26 10:00 PM

PENN activist shareholder Vora awarded Nevada license

  • Buck Wargo, CDC Gaming
A hedge-fund founder who has had contentious dealings with the management of PENN Entertainment has been granted a three-year license by... more
06/12/26 2:55 PM

Nevada regulators recommend licensing for Penn Entertainment shareholder after contentious hearing

  • Buck Wargo, CDC Gaming
Nevada regulators have recommended a limited three-year finding of suitability for a hedge-fund founder and manager at HG Vora Capital... more