PENN Stock Recent News
PENN LATEST HEADLINES
The headline numbers for PENN Entertainment (PENN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PENN Entertainment (PENN) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to earnings of $0.48 per share a year ago.
The widespread legalization of sports betting is breathing new life into the Paris 2024 Olympics.
PENN Entertainment (PENN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Integrated gaming provider Penn Entertainment (NASDAQ: PENN ) — which provides sports content and casino experiences — saw its shares decline conspicuously on Thursday. Earlier in the day, the company announced that it would initiate job cuts to support growth for its sportsbook partnership, ESPN Bet.
Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPNBet. The company employs about 20,000 people.
Chamberlin joins Topgolf from PENN Entertainment Inc. DALLAS , July 18, 2024 /PRNewswire/ -- Modern golf entertainment leader Topgolf announced today that Erin Chamberlin has been named its new Chief Operating Officer beginning July 22. Chamberlin joins the company from PENN Entertainment Inc., the largest provider of gaming entertainment in North America, where she served as a Senior Vice President of Regional Operations since 2019.
The casino industry has been in positive normalization as it attempts to recover to pre-pandemic levels for foot traffic and revenues. However, the digital sports betting and iGaming segment continue to expand as a benefactor of the pandemic lockdowns.
Less than a month after a report that Boyd Gaming BYD was considering a buyout of casino and sports betting operator Penn Entertainment PENN, a new bidder has emerged.
PENN Entertainment (PENN) has bolstered its industry-leading loyalty program by expanding partnership with Ticketmaster.