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, Inc. reports developments across a North American gaming and entertainment business that includes casinos, racetracks, online sports betting and iCasino offerings. Company news commonly covers quarterly results, retail property projects under the Hollywood Casino brand, digital wagering strategy, sports media and technology assets, and the PENN Play customer loyalty program.
Recurring updates also address capital actions, material agreements, board composition and shareholder governance matters. PENN’s news flow reflects the regulatory environment for gaming operators, the company’s omnichannel model linking retail casinos with digital products, and periodic changes to its operating structure and executive oversight.
PENN Entertainment (Nasdaq: PENN) plans to invest approximately $195 million to relocate its Boomtown Casino & Hotel New Orleans riverboat casino to adjacent landside property and rebrand it as Hollywood Casino New Orleans, pending regulatory approval. The new facility, expected to open in 2029, is planned to feature roughly 140,000 square feet of new development with about 875 slot machines, 45 table games, a retail sportsbook and multiple dining options. The existing riverboat will be vacated when the new property opens, while the current hotel is expected to remain in operation. PENN highlights this as its fourth landside relocation in recent years and notes it already operates four other Louisiana casinos, employs over 3,500 people in the state and contributes more than $200 million in annual state and local taxes. The company expects to finance the project primarily with cash on hand, with potential use of its balance sheet or other liquidity sources.
PENN Entertainment (Nasdaq: PENN) reported second quarter 2026 revenues of $1.86 billion, up from $1.77 billion in 2025, with net income of $32.6 million versus a prior-year loss of $18.3 million. Consolidated Adjusted EBITDA rose to $312.6 million from $236.1 million, and diluted EPS improved to $0.24 with Adjusted EPS of $0.44 versus $0.10.
The Retail segment generated record quarterly revenues of approximately $1.5 billion, Segment Adjusted EBITDAR of $517.2 million, and margins of 34.4%, aided by new projects at Hollywood Columbus and Hollywood Casino Aurora. The Interactive segment delivered revenues of $349.4 million (including $185.5 million tax gross-up) and an Adjusted EBITDA loss of $9.5 million, a substantial year-over-year improvement.
PENN reported total liquidity of $1.9 billion, including $887.2 million of cash, and traditional net debt of $1.9 billion. The company refinanced and extended its revolving credit and term loan A facilities to 2031, repriced and extended its term loan B to 2033, and repaid $106.7 million of 2.75% convertible notes due 2026, removing about 4.6 million potentially dilutive shares.
Gaming and Leisure Properties (NASDAQ: GLPI) reported record results for the quarter ended June 30, 2026, with total revenue up 9.0% year over year to $430.5 million, income from operations of $332.4 million, and net income of $234.9 million. FFO rose to $302.3 million, AFFO to $304.0 million (up 10.1%), and Adjusted EBITDA to $405.5 million (up 12.2%). Diluted EPS was $0.80, while AFFO per diluted share and OP/LTIP unit reached $1.03. The quarterly dividend was increased 5.1% to $0.82 per share, implying a 7.4% annualized yield at period end.
GLPI updated 2026 AFFO guidance to $1.219–$1.225 billion, or $4.10–$4.12 per diluted share and OP/LTIP unit, and plans total 2026 development spending of $750–$800 million. Recent actions include funding PENN’s Aurora project, exercising a $700 million Bally’s Lincoln acquisition option, issuing $800 million of 2036 notes, and settling a forward equity sale for 7.6 million shares. Leverage stood at 4.8x net debt to Adjusted EBITDA, below the company’s 5.0x–5.5x target range.
PENN Entertainment (Nasdaq: PENN) has launched theScore Bet Sportsbook & Casino in Alberta, along with standalone Hollywood Casino and theScore Casino apps. The rollout extends PENN’s Canadian online gaming footprint beyond Ontario, making its sportsbook and online casino experiences available across Alberta on iOS, Android and the web.
Alberta players gain access to an integrated sports media and betting ecosystem combining theScore’s news, scores and stats with wagering, plus hundreds of slots, table games, live dealer content and exclusive titles such as Blue Jays Blackjack. PENN is supporting the launch with fan experiences, including a Toronto Blue Jays Jersey Swap event.
PENN Entertainment (Nasdaq:PENN) will release its 2026 second quarter financial results at 7:00 a.m. ET on Thursday, August 6, 2026. A public conference call and simultaneous webcast will follow at 9:00 a.m. ET, with replay access available for thirty days.
PENN Entertainment (Nasdaq:PENN) opened the new $360 million Hollywood Casino and Hotel Aurora, a 388,500-square-foot land-based destination replacing its former riverboat casino. The property features over 1,000 slot machines, 50+ table games, a retail sportsbook, world-class dining, a 226-room hotel, wellness spa, and a 12,000-square-foot event center.
The facility employs about 700 team members, operated 24/7, and is part of more than $500 million PENN has reinvested in the Chicagoland market over the last three years.
PENN Entertainment (Nasdaq: PENN) announced the official opening of its new $100 million, 203-room hotel tower at Hollywood Casino Columbus. The 150,000-square-foot property includes 183 standard rooms, 20 suites, a full-service bar and restaurant, conference space, fitness center and outdoor terrace.
According to PENN, the overall expansion is expected to add about 150 jobs and will be followed by an expanded high limit table games room and speakeasy bar in Q3 2026, pending regulatory approvals. The Columbus tower is the third of four recent development projects, with Hollywood Casino Aurora planned to open June 24, 2026.
PENN Entertainment (Nasdaq:PENN) will close the Hollywood Casino Aurora riverboat at 5:59 a.m. CDT on June 10, 2026, ahead of the $360 million new land-based Hollywood Casino Aurora opening on June 24, 2026, pending regulatory approvals.
The new venue near Chicago Premium Outlets will offer about 1,200 gaming positions, a 226-room hotel, spa, bars, restaurants, an event center and 1,700 parking spaces. Unused chips are redeemable at the new cage through December 31, 2026.
PENN Entertainment (Nasdaq: PENN) reported Q1 2026 results: total revenues $1,779.1M, Consolidated Adjusted EBITDA $265.8M, and a net loss of $2.8M. Retail segment revenues were ~$1.4B with Adjusted EBITDAR $471.4M and 33.2% margin. Interactive revenue was $358.3M (includes $185.8M tax gross-up) with an Adjusted EBITDA loss of $10.8M. Liquidity was $1.7B including $708.0M cash; traditional net debt was $2.24B. The company issued $600M unsecured notes due 2031 at 6.75% and amended its credit facilities.
PENN Entertainment (Nasdaq: PENN) will release first quarter 2026 financial results at 7:00 a.m. ET on Thursday, April 23, 2026, followed by a conference call and simultaneous webcast at 8:00 a.m. ET. The call and webcast are open to the public, with a replay available for thirty days.
Registration is available at the company website; analysts and investors calling in will have reserved Q&A time. Allow extra time to register and install required software.