Tag: Penn Entertainment
Penn unmoved by investor demands
Top executives of Penn National Gaming ignored a recent letter from activist investors during a meeting with J.P. Morgan analyst Joseph... more
Wall Street Bets: Analysts take on Illinois sports betting, Penn letter, Poarch Band Gaming Authority
Two stories dominated the gaming industry last week: Illinois’ approval of a graduated tax increase on online sports betting operators and... more
Analysts expect little change from Penn following ultimatum
Wall Street analysts were generally unruffled by the Donerail Group’s demand letter that Penn Entertainment put itself up for sale. Penn... more
Investor group blasts Penn strategy and CEO
Decrying “numerous failed investments and destruction of shareholder value,” the Donerail Group called out Penn Entertainment management... more
theScore Bet extends Golf Canada partnership
As PGA golfers were about to become reacquainted with the Hamilton Golf and Country Club when they teed-off for the first round of the RBC... more
Wall Street Bets: Analysts take on Kentucky Derby, DraftKings, VICI, ESPN Bet
Churchill Downs The 150th running of the Kentucky Derby last weekend is the crown jewel of Churchill Down’s portfolio. Jefferies analyst... more
Penn’s 1Q24 results dragged down by subpar interactive returns
For the first 20 minutes of Thursday’s investors’ conference call, Penn Entertainment CEO Jay Snowden went to great lengths to... more
Penn Entertainment’s 2023 CSR report showcases $8 million+ charitable donations, diversity programs
Penn Entertainment this week published its 2023 Corporate Social Responsibility report highlighting the company’s Environmental, Social,... more
Penn Entertainment taps Disney/ESPN exec as chief technology officer
Penn Entertainment has hired a longtime Walt Disney Company employee as its next chief technology officer. Aaron LaBerge Monday was... more
Analyst: ESPN Bet a drag on Penn
Deutsche Bank analyst Carlo Santarelli lowered his price target on Penn Entertainment stock Monday, dropping it to $19 per share from $22,... more


