Tag: Penn Entertainment
Illinois: New Hollywood Casino Joliet set to open earlier than expected
A new Chicago-area casino is getting ready to open this summer — months ahead of schedule. Hollywood Casino Joliet, which is leaving its... more
Penn Entertainment responds to activist investor claims amid boardroom battle
Berks County based Penn Entertainment is responding to blistering criticisms laid out by a hedge fund amid a proxy battle. Last week, HG... more
Activist investor HG Vora lays out its complaints against Penn Entertainment
Penn Entertainment’s third-largest shareholder unleashed a scathing attack on the ESPN Bet operator’s management, alleging that the CEO... more
ESPN Bet faces make-or-break year for $2 billion Disney-Penn deal
The pressure is on Penn Entertainment to finally get sports betting right, as past failures, activist investors and expectations that the... more
Penn Entertainment partners with Shake Shack at 10 casino locations
Get ready for some burgers and shakes at various Penn Entertainment locations. The company on Wednesday announced a licensing partnership... more
Penn and activist investor can’t agree what they’re fighting about
A battle over Penn Entertainment’s future strategy took another twist Monday, as the ESPN Bet operator and activist investor HG Vora... more
Penn fires back at HG Vora’s ‘value-destructive’ demands in proxy battle
Penn made it clear HG Vora will not win over the company’s shareholders without a fight. Penn issued a letter to shareholders Thursday... more
Dive-In Movie Nights return to M Resort Spa Casino in Henderson this summer
M Resort Spa Casino is bringing back its popular Dive-In Movie Nights at the M Pool, starting Friday, May 30. The event will feature a new... more
Wall Street Bets: Golden Entertainment, DraftKings, Jefferies’ digital matrix, Inspired Entertainment, Penn
Golden Entertainment’s outlook David Bain of Texas Capital May 8 reviewed Golden Entertainment’s earnings call and results.... more
HG Vora sues Penn Entertainment amid proxy battle tied to ESPN Bet
Investment firm HG Vora Capital Management has filed a lawsuit against Penn Entertainment, accusing the company of violating federal... more
