Penn National Gaming Reopens Plainridge Park Casino and Hollywood Casino Bangor 2020/07/10 14:30:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) today announced that 37 of its 41 gaming and racing properties have resumed operations, representing approximately 90 percent of the Company’s regional gaming and racing portfolio in 17 of the 19 states in which it operates. The most recent property reopenings include Plainridge Park Casino in Massachusetts which reopened on July 8 and Hollywood Casino Bangor in Maine which is reopenin
Penn National Gaming Is Entirely Dependent on Live Sports 2020/07/09 12:17:18 InvestorPlace
PENN stock could resume its overall bullish trajectory once live sports returns. But that's now becoming a big question mark.
Barstool Sports backer gets ready to take on DraftKings 2020/07/01 17:09:35 CNN International Edition
There's a battle brewing between DraftKings and Barstool Sports backer Penn National Gaming -- and this gambling-industry tussle could be as heated as the Yankees-Red Sox and Celtics-Lakers rivalries.
Penn National Gaming Reopens Three Illinois Casinos and Resumes Prairie State Gaming Video Gaming Terminal Operations 2020/07/01 14:00:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) today announced that 34 of its 41 gaming and racing properties have resumed operations, representing approximately 83 percent of the Company’s regional gaming portfolio in 14 of the 19 states where it operates. The latest reopenings are scheduled for today at the Company’s three Illinois casinos as well as its Prairie State Gaming video gaming terminal (“VGT”) operations throughout Ill
Penn National Gaming Announces Sports Betting Partnership With Sportradar for National Football League Data 2020/07/01 11:00:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) announced today that it has entered into a partnership with Sportradar, the global provider of sports data and content, to use official National Football League (“NFL”) data on the Company’s sports betting platforms. As part of the partnership, Penn National has the ability to offer a wide array of live, in-game wagering options on NFL games at its retail sports betting locations and o
Don't Bet Against The House With Penn National Gaming Stock 2020/06/05 16:35:36 InvestorPlace
Come casino reopenings have seriously lifted Penn Gaming, but PENN stock has flown too high, too fast. Savvy investors should stay away.
Why Penn National Gaming Stock Rose as Much as 14% on Thursday | The Motley Fool 2020/06/04 18:45:00 The Motley Fool
With casinos opening up around the country, and finally in Las Vegas, investors are getting excited about gambling stocks
You Don't Want to Touch Overheated PENN Stock Right Now 2020/05/26 12:02:51 InvestorPlace
Penn National Gaming gained 62% in the past week. The move by PENN stock suggests the markets are irrational at the moment.
Penn National Surges on Casino Reopening Plan in Mississippi 2020/05/21 05:29:00 Zacks Investment Research
Penn National (PENN) is set to resume operations in properties at Mississippi while maintaining comprehensive protocols to contain the spread of coronavirus.
Penn National Gaming Announces Reopening of Its 10 Casinos in Louisiana and Mississippi 2020/05/20 13:30:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) announced today that on May 18, 2020, the Company successfully reopened its five casino properties in Louisiana. The Company also announced that it plans to reopen its five casinos in Mississippi on Thursday, May 21, 2020, pending final regulatory approval. The reopened facilities represent over 25% of the Company’s portfolio of regional casino assets. Penn National has implemented pro
Penn National Gaming and Barstool Sports to Ring the NASDAQ Stock Market Closing Bell on February 27, 2020 2020/02/24 13:30:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”), the nation’s largest regional gaming operator with 41 facilities in 19 states, announced today that the Company will ring the NASDAQ Stock Market closing bell on Thursday, February 27th, 2020 in Times Square, New York, NY. Jay Snowden, President and CEO, and members of Penn National’s senior management team will be joined by Dave Portnoy, Founder of Barstool Sports, Erika Nardini, CEO
Penn National Gaming Completes Acquisition of 36% Interest in Barstool Sports for $163 Million 2020/02/20 13:30:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) today completed its previously announced acquisition of a 36% interest in Barstool Sports, Inc. (“Barstool Sports”) for total consideration of approximately $163 million, comprised of approximately $135 million in cash and $28 million in non-voting convertible preferred stock. Pursuant to the transaction terms, Penn National is now Barstool Sports’ exclusive gaming partner and has the
Penn National Gaming (PENN) Reports Q4 Loss, Misses Revenue Estimates 2020/02/06 13:25:05 Zacks Investment Research
Penn National Gaming (PENN) delivered earnings and revenue surprises of -316.22% and -0.43%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Penn National Gaming Reports Fourth Quarter Revenues of $1.34 Billion, Net Loss of $92.9 Million, Adjusted EBITDA of $304.0 Million, and Adjusted EBITDAR of $399.4 Million 2020/02/06 12:00:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) today reported financial results for the three months and year ended December 31, 2019 and initiated 2020 full year guidance. 2019 Fourth Quarter Financial Highlights: Revenues of $1.34 billion, an increase of $185.9 million year over year; Net loss of $92.9 million and net loss margin of 6.9%, principally driven by $173.1 million of impairment losses, as compared to net loss of $42.0
One Interview With Cramer, Everyone Knows The Rule: Portnoy, Penn National CEO Talk Sports Betting 2020/01/30 18:14:18 Benzinga Feeds
Penn National Gaming, Inc (NASDAQ: PENN ) bought a 36% stake in Barstool Sports this week. On Wednesday, Barstool Sports founder David Portnoy, CEO Erika Nardini and Penn National Gaming CEO Jay Snowden were guests on CNBC's "Mad Money" to talk about the deal. Snowden: Going Young Sports betting laws were passed down to be made by each individual state in 2018 and this helped Penn National gain exposure to 19 states, Snowden told host Jim Cramer. Despite having more exposure than any other betting company, Snowden said his company was missing a compelling sports brand. Barstool Sports boasts the fanbase and brand that can be leveraged through Penn National's distribution and infrastructure, he said. Portnoy: Large … Full story available on Benzinga.com