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.
UNITE HERE urges PENN (NASDAQ: PENN) shareholders to vote to declassify the Board and move to annual director elections at the AGM on June 16, 2026. The group says shareholders previously backed declassification in 2010 and cites industry norms, peer comparators, and 2025 proxy-vote statistics to argue annual elections improve accountability.
UNITE HERE challenges PENN's regulatory and stability defenses, notes PENN reported 42 properties in 19 states and operations in 28 jurisdictions, and calls for alignment with peers that already use annual elections.
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.
PENN (Nasdaq: PENN) expects to open the new land-based Hollywood Casino Aurora to the public on June 24, 2026, pending regulatory approvals. The $360 million project near Interstate-88 includes a 226-room hotel, 1,200+ gaming positions, a 12,000 sq ft event center and ~1,700 parking spaces.
The company plans to employ ~700 team members. Financing includes $225 million from Gaming and Leisure Properties at a 7.75% capitalization rate and an expected remaining $21 million of a $50 million City of Aurora contribution by year-end.
PENN (Nasdaq: PENN) expects to open a new 203-room hotel tower at Hollywood Casino Columbus on June 12, 2026, pending customary regulatory approvals. The 150,000 sq ft tower includes 183 standard rooms, 20 luxury suites, The Hill Eatery & Lounge, conference space, fitness center and outdoor terrace.
Guests can begin booking on April 15, 2026. The project adds roughly 100 jobs, with job fairs March 27 and April 10, and a grand opening festival and concert planned June 12. An expanded high-limit table games room is planned in H2 2026, pending approvals.
PENN Entertainment (Nasdaq: PENN) reported Q4 2025 results with total revenues of $1,806.2 million and Consolidated Adjusted EBITDA of $225.8 million. Interactive revenues were $398.7 million with an adjusted EBITDA loss of $39.9 million. Liquidity was $1.1 billion including cash of $686.6 million. The company expects 20% segment adjusted EBITDAR growth in 2026, break-even Interactive adjusted EBITDA, >$10.0 million in annualized corporate savings, and reduced leverage (>-1 turn lease adjusted; >-2 turns traditional).
PENN received $150.0 million funding from GLPI and expects ~$225.0 million near the Aurora project opening.
PENN Entertainment (Nasdaq: PENN) appointed Heather Ace, Jeffrey Fox and Fabio Schiavolin as independent directors, effective immediately. The company also entered a cooperation agreement with HG Vora Capital Management that includes customary voting, standstill and other provisions.
The cooperation agreement will remain in effect through the 2027 Annual Meeting of Shareholders and will be filed on Form 8-K with the SEC.
PENN Entertainment (Nasdaq: PENN) will release its 2025 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 26, 2026, followed by a conference call and simultaneous webcast at 8:00 a.m. ET.
The conference call number is 785-424-1789 (conference ID: PENN); callers should dial five minutes early. The live webcast is available at www.pennentertainment.com (allow about 15 minutes to register and install any required software). Q&A is reserved for call-in analysts and investors. A replay will be available for 30 days at www.pennentertainment.com.
PENN Entertainment (Nasdaq: PENN) announced a new corporate organizational structure effective January 5, 2026 to better align its Interactive and retail businesses and support its omnichannel strategy.
Key changes: the Interactive focus (Canada digital assets and U.S. Hollywood iCasino) will be realigned; Executive Vice President, Operations Todd George and Senior Vice President, CIO Rich Primus will step down and their roles eliminated; Aaron LaBerge, Chief Technology Officer and Head of Interactive, will assume enterprise IT responsibility; Jennifer Weissman, Chief Marketing Officer, and regional SVPs retain defined reporting lines. The company said it expects annualized cost savings and improved free cash flow to be detailed with Q4 2025 results in February 2026.
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.