Tag: Penn Entertainment
Wall Street Bets: Third-quarter earnings, prediction markets, U.S. gaming trends
Forecasting third-quarter earnings reports J. P. Morgan’s Dan Politzer looked at the upcoming third-quarter earnings reports: “For 3Q... more
Wall Street Bets: Gambling.com, Bally’s, Penn Entertainment, GLPI
Gambling.com prospects David Bain of Texas Capital Securities on August 15 wrote in a release about Gambling.com that after “a 2%/1%... more
Hollywood Joliet draws Wall Street raves
A quartet of Wall Street gaming analysts attended the August 11 debut of Penn Entertainment’s new Hollywood Joliet in Illinois. Their... more
CEO Snowden optimistic Penn Entertainment will benefit from ESPN-NFL deal
During Thursday’s investors call, Penn Entertainment CEO Jay Snowden admitted he was not privy to many of the details involving this week’s... more
Penn Entertainment revenue for second quarter was “solid,” CEO says
Penn Entertainment posted revenue of $1.4 billion in the second quarter, comparable to the $1.3 million revenue in the same time period of... more
Penn Entertainment appoints former Louisiana Gaming Control Board Chair Ronnie Jones to compliance committee
Penn Entertainment on Monday said former Louisiana Gaming Control Board Chair Ronnie Jones’ appointment to the company’s compliance... more
Penn getting weak regional boost, Jefferies analyst says
Sticking with a “Hold” rating on Penn Entertainment stock, Jefferies Equity Research analyst David Katz reported weakness in Penn’s... more
Illinois: Hollywood Casino Joliet to re-open as land-based property August 11
Penn Entertainment on Wednesday said it will close its Hollywood Casino Joliet riverboat property in Illinois to prepare for the grand... more
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

