|Bid||26.20 x 800|
|Ask||26.21 x 800|
|Day's Range||26.13 - 26.88|
|52 Week Range||23.16 - 39.35|
|Beta (5Y Monthly)||2.22|
|PE Ratio (TTM)||6.28|
|Earnings Date||Aug 02, 2023 - Aug 07, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.38|
Key Insights The projected fair value for PENN Entertainment is US$19.79 based on 2 Stage Free Cash Flow to Equity PENN...
NEW YORK, May 18, 2023 (GLOBE NEWSWIRE) -- Tillman Digital Cities (TDC), a leading developer, owner, and operator of in-building connectivity infrastructure and solutions in the United States, today announced a partnership with Penn Entertainment, Inc. (Nasdaq: PENN) to improve in-building LTE and 5G cellular coverage and capacity within Penn Entertainment casinos, hotels, and gaming properties. The partnership extends nationally with Penn Entertainment. TDC’s solution leverages the SOLiD ALLIAN
WYOMISSING, Pa., May 04, 2023--PENN Entertainment, Inc. ("PENN" or the "Company") (Nasdaq: PENN) today reported financial results for the three months ended March 31, 2023.
Key Insights Given the large stake in the stock by institutions, PENN Entertainment's stock price might be vulnerable...
WYOMISSING, Pa., April 27, 2023 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended March 31, 2023. Financial Highlights Three Months Ended March 31,(in millions, except per share data) 2023 2022Total Revenue $355.2 $315.0 Income from Operations $266.8 $199.8 Net Income $188.7 $121.7 FFO(1) (4) $253.8 $180.3 AFFO(2) (4) $248.6 $218.6 Adjusted EBITDA(3) (4) $323.1 $293.3 Net income, per diluted co
WYOMISSING, Pa., April 25, 2023--PENN Entertainment, Inc. (Nasdaq: PENN)("PENN" or the "Company), North America’s leading provider of integrated entertainment, sports content and casino gaming experiences, published today its 2022 Corporate Social Responsibility ("CSR") report. The full report is available on the corporate responsibility page of the Company’s website.
WYOMISSING, Pa., April 24, 2023--PENN Entertainment Inc., (Nasdaq: PENN) ("PENN" or the "Company") today unveiled an enhanced customer loyalty program, PENN Play™, replacing its mychoice® branded program. The new program greatly expands the ways PENN’s 26 million loyalty members can earn and redeem rewards across the company’s portfolio of entertainment brands. PENN Play assets for media use are available to download here.
WYOMISSING, Pa., April 04, 2023--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2023 first quarter financial results at 7:00 a.m. ET on Thursday, May 4, 2023 followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public.
BetMGM (MGM) is set to benefit from the live sports boom in Las Vegas. The digital arm of the casino operator MGM International is often used as a way to funnel online sports gamblers into MGM’s brick and mortar via what the company calls its “omnichannel” approach. Las Vegas is set to host part of the NCAA’s March Madness tournaments in two weeks, and gambling executives think it could make for the most lucrative month ever on the strip. But while Greenblatt is excited for this year's tournament he believes next year's Super Bowl could be an even bigger moment for vegas gambling operators. The Super Bowl is viewed in the industry as the single biggest acquisition moment for sports gambling companies. Having that large of an event in an area where sports gambling laws are looser than other states, would benefit sportsbooks to a level not seen since the legal ban was lifted in 2018. In the video above, Greenblatt sits down with Yahoo Finance's Dave Briggs and Josh Schafer to discuss the opportunity BetMGM sees in the space over the next year. Key video takeaways: 0:10 - Growth expected in 2024 1:00 Expectations for March Madness in 2023
MOUNTAIN VIEW, Calif., February 28, 2023--M Resort Spa Casino deploys Knightscope K5 security robot. Entertainment and Gaming industries use innovation to improve workforce and visitor safety.
DraftKings (DKNG) stock rose more than 15% on Friday after the company reported its fourth quarter results. Wall Street has closely watched the sportsbook operator's path to profitability for years and on Friday DraftKings announced its increased focus on cost-cutting will cause the company to lose less money in 2023 than initially anticipated. All of this coming while the company continues to report record revenue amid increased gambling legalization. "Our revenue was better than our prior guidance, primarily because of structural improvement in our Sportsbook hold and fundamentally better customer trends than we expected,"DraftKings CFO Jason Park told investors on Friday. "Customers are engaging more with our products and are less relying on promotions." DraftKings positive results didn't have much impact on the sector as a whole as MGM Resorts International (MGM), Penn Entertainment (PENN), Caesars Entertainment (CZR) and Wynn Resorts (WYNN) had muted stock reactions on Friday. Yahoo Finance's Seana Smith and Dave Briggs discuss from DraftKings' fourth quarter earnings call. Key Video takeaways: 0:15 DraftKings key numbers 0:25 Hear from DraftKings CFO Jason Park 1:00 Where DraftKings sits in the growth cycle 1:20 Wall Street's reactions to DraftKings results 2:00 How DraftKings compares to competitors
WYOMISSING, Pa. & NEW YORK, February 17, 2023--PENN Entertainment, Inc. (Nasdaq: PENN) ("PENN" or the "Company") today completed its previously announced acquisition of Barstool Sports, Inc. ("Barstool Sports" or "Barstool") after previously acquiring a 36% stake of Barstool Sports in February 2020. PENN has acquired the remaining interest in Barstool Sports for approximately $388 million.
Citizens Capital Markets Head of Gaming & Leisure Investment Banking Christopher Lynch joins Yahoo Finance Live to discuss U.S. sports betting following Sunday night’s Super Bowl LVII, betting trends, customer acquisitions, and the outlook for sports betting.
An industry that’s been known for who is giving away the most free money to attract new customers is suddenly focused on how to make the most out of customers they already have.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Yahoo Finance Live anchors discuss Penn Entertainment earnings and what it says about sports betting adoption.
WYOMISSING, Pa., February 02, 2023--PENN Entertainment, Inc. ("PENN" or the "Company") (Nasdaq: PENN) today reported financial results for the three months and year ended December 31, 2022.
The regional casino operator benefits from consumers unleashing pent-up demand for away-from-home experiences.
WYOMISSING, Pa., January 11, 2023--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2022 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 2, 2023 followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public.
It's easy to match the overall market return by buying an index fund. While individual stocks can be big winners...
Yahoo Finance Live checks out Bank of America's recent stock downgrades in the sports betting space.
Slowing consumer spending could weigh on the gaming sector in 2023.
Today we will run through one way of estimating the intrinsic value of PENN Entertainment, Inc. ( NASDAQ:PENN ) by...
Though the U.S. Men’s National Team qualified for the knockout stage of the World Cup on Tuesday, not everyone wins when America prevails on the soccer pitch.
WYOMISSING, Pa., November 29, 2022--PENN Entertainment (Nasdaq: PENN) ("PENN" or the "Company") announced today that it has expanded its Science, Technology, Engineering and Mathematics ("STEM") Scholarship Program in partnership with Historically Black Colleges and Universities ("HBCUs"). PENN is pleased to partner with three new participating Universities: Jackson State University in Mississippi, Prairie View A&M University in Texas and Southern University and A&M College in Louisiana. The pro