Tag: Penn Entertainment

10/13/26 2:00 PM

Pennsylvania: Deadline for businesses to remove skill games arrives

  • Chris Sieroty — Managing Editor, CDC Gaming
Businesses and nonprofits have spent the last few weeks removing their skill games after Pennsylvania lawmakers failed to reach agreement... more
10/04/26 5:48 PM

G2E: Gaming Hall of Fame honorees dispense sage advice

  • David McKee, CDC Gaming
The four inductees of the 2026 Gaming Hall of Fame took the stage at this year’s Global Gaming Expo (G2E) in Las Vegas to dispense... more
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