Tag: Penn Entertainment
Wall Street Bets: Sports betting taxes, BetMGM, lodging trends, regional properties
Taxes on sports betting could dampen growth Fitch Ratings June 16 issued a note regarding recent and proposed sports betting tax hikes,... more
Penn Entertainment elects two members to board
Preliminary voting results reported by Penn Entertainment this week show Johnny Hartnett and Carlos Ruisanchez being elected to the... more
Penn Entertainment says two HG Vora nominees elected to board
Penn Entertainment Inc. said its shareholders elected two new directors proposed by HG Vora Capital Management to its board at the... more
What does HG Vora want with Penn Entertainment?
HG Vora’s activist fight with Penn Entertainment is set to make Tuesday’s annual meeting a hotly watched event. The business, Penn’s... more
Kansas City-area casino overserved woman, is at fault in fatal DWI crash, lawsuit says
After his son was killed in a drunk driving crash in Riverside last year, a Missouri father has filed a wrongful death lawsuit against the... more
Activist Penn investor optimistic on board vote as major advisory firm takes its side
HG Vora is optimistic about seeing a significant revolt against ESPN Bet owner Penn Entertainment at the operator’s annual meeting next... more
Louisiana school district claims casino owes them millions of dollars
The Calcasieu Parish School Board says that a Lake Charles casino owes them millions of dollars in back taxes, penalties, and interest.... more
Mississippi coast casino opening luxury cigar lounge
Coast casinos have poker rooms and private dining rooms and now one casino is adding a man cave, of sorts. Gurkha Cigar Lounge is a new... more
Is a sale for New Jersey’s shuttered Freehold Raceway imminent?
It’s been more than five months since Freehold Raceway – a track with a 170-year history – last hosted a harness racing... more
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