Welcome to our dedicated page for Penn Ent news (Ticker: PENN), a resource for investors and traders seeking the latest updates and insights on Penn Ent stock.
Penn Entertainment (PENN) delivers comprehensive gaming experiences through its network of land-based casinos and innovative digital platforms. This news hub provides investors and industry observers with authoritative updates on corporate developments, strategic initiatives, and regulatory milestones.
Access timely press releases and analysis covering earnings announcements, property expansions, technology partnerships, and interactive gaming innovations. Our curated collection ensures stakeholders stay informed about both traditional casino operations and emerging digital ventures in sports betting and iGaming.
Key updates include regulatory developments affecting gaming jurisdictions, acquisitions strengthening market position, and technological advancements enhancing customer experiences. Content is rigorously verified to support informed decision-making without speculative commentary.
Bookmark this page for continuous access to PENN's latest corporate communications and objective third-party reporting. Check regularly for updates reflecting the company's dual focus on physical entertainment destinations and digital growth strategies.
Game Play Network announced that Justin Sebastiano has been appointed Executive Vice President and Chief Financial Officer, effective Dec 2, 2025.
Sebastiano brings more than two decades of finance experience and will lead the company’s global finance organization, including financial planning and analysis, accounting, treasury, and investor relations. He joins from Fanatics, where he was SVP and Treasurer, and previously served as SVP of Finance, Investor Relations, and Treasurer at Penn Entertainment (NASDAQ: PENN). Sebastiano holds dual bachelor’s degrees in Mathematics and Economics and an MBA in Finance from Rutgers University.
PENN Entertainment (Nasdaq: PENN) announced the official opening of the second hotel tower at M Resort in Henderson, Nevada on December 1, 2025. The expansion nearly doubles M Resort’s capacity to 765 rooms and suites, and adds the 15,000 sq ft Montese Ballroom, bringing total indoor and outdoor meeting space to over 100,000 sq ft. PENN says the project finished on budget and ahead of schedule, includes funding of $150 million from Gaming and Leisure Properties at a 7.79% cap rate, and is expected to create 120 new jobs. A public grand opening is scheduled for December 3, 2025 at 6:00 PM PST.
PENN Entertainment (Nasdaq: PENN) completed the rebrand of its U.S. online sports betting platform to theScore Bet and launched sports betting in Missouri on December 1, 2025. Existing customers accessed the rebranded app the same morning using current credentials; account settings, open wagers, and responsible gaming tools remained unchanged.
theScore Bet is now live in 21 U.S. jurisdictions and is natively integrated with theScore sports media app for real-time updates, stats and personalized feeds. PENN’s online casino brand Hollywood Casino remains available within theScore Bet in Michigan, New Jersey, Pennsylvania and West Virginia. PENN operates three Missouri retail properties that opened on-property sportsbooks concurrently with the market launch.
PENN Entertainment (Nasdaq: PENN) reported results for the three and nine months ended September 30, 2025, and announced an early termination of its U.S. online sports betting agreement with ESPN effective December 1, 2025. Key terms: cash payments to ESPN end Q4 2025, ESPN retains vested warrants to purchase 7,957,210 shares (weighted strike $28.951) and forfeit unvested warrants, and PENN plans to rebrand its U.S. OSB offering to theScore Bet (target Dec 1, subject to approvals).
Financial highlights: Q3 revenues of $1.72B, Segment Adjusted EBITDAR $465.8M (32.8% margin), Interactive revenues $297.7M (includes $139.5M tax gross-up), consolidated Adjusted EBITDA $194.9M, liquidity $1.1B, traditional net debt $2.2B, and significant share repurchases with a new $750M buyback authorized.
PENN Entertainment (Nasdaq: PENN) and ESPN mutually agreed to an early termination of their exclusive U.S. online sports betting agreement, effective December 1, 2025.
The original agreement (Aug 2023) provided ESPN media and marketing services and the exclusive ESPN BET trademark in exchange for $150 million per year plus warrants. All outstanding payments to ESPN will cease in Q4 2025.
PENN plans to rebrand its U.S. OSB offering to theScore Bet® on Dec 1, 2025, leverage theScore media app (~4 million monthly active users), and realign digital focus toward its growing iCasino business. ESPN says it drove 2.9 million new users to PENN.
Sam Houston Race Park (NASDAQ: PENN) announced its 2026 Thoroughbred stakes schedule. Opening day is Friday, January 2, 2026, beginning a 41-day meet that runs through Saturday, April 4, 2026. The meet features 21 stakes with total purses of $2 million, including opening-weekend $75,000 Darby's Daughter and My Dandy Stakes that start the Clarence Scharbauer Jr. Texas Stallion Stakes Series.
The Houston Racing Festival on January 24 highlights a $300,000 Houston Ladies Classic (G3) and $200,000 John B. Connally Turf. Other logistics: barn area opens December 1, 2025, training begins December 3, 2025, and stall applications are due October 31, 2025. The release also notes a new rewards program, Penn Play, and entry/stall contact details for horsemen.
PENN Entertainment (Nasdaq: PENN) has scheduled its 2025 third quarter financial results announcement for November 6, 2025. The company will release its financial results at 7:00 a.m. ET, followed by a conference call and simultaneous webcast at 9:00 a.m. ET.
The conference call will be accessible via phone at 203-518-9765 (conference ID: PENN) and through the company's website at www.pennentertainment.com. The Q&A session will be exclusively for analysts and investors, and a replay will be available on the company's website for thirty days following the call.
PENN Entertainment (Nasdaq: PENN) has announced the upcoming opening of a second hotel tower at M Resort Spa Casino Las Vegas on December 1, 2025. The $206 million project is completing ahead of schedule and will nearly double the property's capacity to 765 rooms and suites.
The expansion includes a new 15,000 square foot Montese Ballroom opening October 1, 2025, and a partnership with Chef Emeril Lagasse to open Meril restaurant. The development is expected to create 120 new jobs and will be partially funded through a $150 million agreement with Gaming and Leisure Properties, Inc. at a 7.79% capitalization rate.
PENN Entertainment (Nasdaq: PENN) has officially opened its new $185 million Hollywood Casino Joliet, replacing the former riverboat casino that operated since 1992. The state-of-the-art facility spans 189,000 square feet and features 1,000 slot machines, 43 table games, and an ESPN BET™ sportsbook.
The new land-based casino employs 600 team members and includes world-class dining options such as Sorellina by celebrity chef Giada De Laurentiis, Boulevard Food & Drink Hall featuring renowned chefs, and a 10,000 square foot event center. The facility operates 24/7 and introduces PENN Play™, the company's rewards program offering exclusive benefits across gaming, dining, and entertainment.
PENN Entertainment (NASDAQ:PENN) reported Q2 2025 financial results, with total revenues of $1.77 billion and a net loss of $18.3 million. The company's retail properties delivered solid performance with revenues of $1.4 billion and Adjusted EBITDAR of $489.6 million.
The Interactive segment achieved record gaming revenue in both online sports betting and iCasino. Through August 6, 2025, PENN has repurchased $115.3 million of shares and remains committed to repurchasing at least $350 million in 2025. The company completed a $233.5 million Note Repurchase Transaction, eliminating approximately 9.6 million potentially dilutive shares.
Total liquidity stood at $1.2 billion as of June 30, 2025, including $671.6 million in cash and cash equivalents, with traditional net debt at $2.1 billion.
FAQ
What is the current stock price of Penn Ent (PENN)?
What is the market cap of Penn Ent (PENN)?
