The Fly | PENN

Today

Penn Entertainment price target raised by $4 at Jefferies, here's why

PENN

3:52 PM

Yesterday

Penn Entertainment price target raised by $4 at Susquehanna, here's why

PENN

Yesterday, 6:50 AM

Monday

Nevada reports May statewide gaming win up 7.43% to $1.39B

+10

Jun 29, 9:55 AM

Friday

Robinhood initiation, Nike downgrade among today's top calls on Wall Street

+12

Jun 26, 9:31 AM

Penn Entertainment price target raised by $5 at Truist, here's why

PENN

Jun 26, 8:54 AM

Penn Entertainment initiated with bullish view at Goldman Sachs, here's why

PENN

Jun 26, 4:23 AM

Over a week ago

Penn Entertainment shareholders approve board declassification proposal

PENN

Jun 17, 10:05 AM

Penn announces official opening of new hotel at Hollywood Casino Columbus

PENN

Jun 12, 7:03 AM

Penn Entertainment price target raised by $2 at Stifel, here's why

PENN

Jun 12, 7:01 AM

UNITE HERE says ISS, Glass Lewis in favor of Penn declassification proposal

PENN

Jun 3, 7:13 PM

Penn Entertainment to closeHollywood Casino Aurora riverboat on June 10

PENN

Jun 2, 10:08 AM

Nevada reports April statewide gaming win up 5.29% to $1.3B

+10

May 29, 9:44 AM

New Jersey reports April total gaming revenue $600.8M, up 12%

+10

May 15, 3:37 PM

Penn Entertainment price target raised by $1 at Morgan Stanley

PENN

May 6, 9:24 AM

Unite Here urges PENN shareholders to support declassifying board

PENN

Apr 30, 10:11 AM

Nevada reports March statewide gaming win up 11.78% to $1.43B

+10

Apr 30, 9:49 AM

Penn Entertainment files automatic mixed securities shelf

PENN

Apr 24, 4:08 PM

Penn Entertainment price target raised by $1 at JPMorgan

PENN

Apr 24, 10:07 AM

Penn Entertainment price target raised by $1 at Stifel

PENN

Apr 24, 8:15 AM

Penn Entertainment price target raised by $1 at Barclays, here's why

PENN

Apr 24, 5:35 AM

What You Missed On Wall Street On Thursday

+24

Apr 23, 4:18 PM

Midday Fly By: Tesla, IBM slide despite quarterly beats

+28

Apr 23, 12:05 PM

Penn Entertainment reports Q1 adjusted EPS 11c, consensus 2c

PENN

Apr 23, 7:07 AM

Penn Entertainment price target raised by $1 at JPMorgan, here's why

PENN

Apr 16, 7:34 AM

Penn Entertainment price target raised by $2 at Wells Fargo, here's why

PENN

Apr 16, 6:39 AM

Extensive Regional Footprint: PENN operates a large portfolio of regional casinos across the United States, often in markets with less intense competition, providing a stable base of local customers and steady cash flow.

Strategic ESPN Bet Partnership: The exclusive long-term partnership with ESPN for their online sportsbook provides PENN with unparalleled brand recognition, access to ESPN's massive audience, and significant marketing advantages in the competitive sports betting market.

Integrated Omnichannel Strategy: PENN seamlessly connects its physical casino properties with its online sports betting and iGaming offerings (ESPN Bet, Hollywood Casino), allowing for cross-promotion, enhanced customer engagement, and a unified loyalty program.

Regulatory and Licensing Risks: Maintaining various gaming licenses across multiple jurisdictions is complex, and non-compliance or changes in regulations could lead to significant fines, license suspension, or operational restrictions.

Intense Competition Risks: The online sports betting and iGaming markets are highly competitive, requiring substantial marketing spend and innovative products to attract and retain users, placing pressure on market share and profitability.

Technology and Cybersecurity Risks: Dependence on complex technology systems for online platforms means potential for outages, data breaches, or software vulnerabilities, impacting operations, user trust, and regulatory compliance.