PENN says interactive losses are largely behind it as Alberta launch tracks Ontario share
PENN's comments provide investors with its assessment of interactive losses and early Alberta performance.
All news
Reports
PENN plans more Texas lobbying for gambling expansion
PENN’s planned lobbying could shape gambling expansion proposals in Texas, where it operates two thoroughbred racetracks.
Penn Entertainment puts acquisitions behind deleveraging and projects
Penn’s stated priorities signal that near-term capital allocation will favour debt reduction and projects over acquisitions.
PENN sees Alberta growth and eyes further Canadian iGaming markets
PENN’s expansion opportunities depend on other provinces opening to private operators.
Results
Penn CEO says election results could aid gaming expansion in several states
Penn’s comments signal potential changes to gaming expansion prospects in states where it operates casinos or racetracks.
Results
PENN Entertainment reports Q3 2026 revenue of $1.84bn
PENN Entertainment’s third-quarter revenue growth gives investors and operators an update on its quarterly performance.
Results
Penn Entertainment reports $1.5bn third-quarter revenue
Penn’s results show revenue and adjusted profitability across its retail and interactive businesses, including an interactive Adjusted EBITDA loss.
Colorado governor proposes raising casino tax rates to 23%
Colorado casinos could face higher tax rates, subject to voter approval.
Analysts assess Churchill Downs, Boyd Gaming and gaming-sector prospects
The forecasts and sponsorship estimate give investors reported analyst views on company performance and a potential commercial deal.
Results
Analysts temper third-quarter earnings expectations for gaming companies
The analysts’ views inform investor expectations for gaming companies across several markets and business segments.
Massachusetts historical horse racing proposal draws reported opposition
The reported opposition may affect consideration of historical horse racing in Massachusetts.
theScore Bet secures NFL trademark rights in Canada through multiyear deal
The deal gives theScore Bet NFL branding rights in Canada, a market where operators compete for sportsbook visibility.
Hollywood Casino starts construction of 140-room hotel in Kansas
Hollywood Casino's connected hotel will add approximately 140 rooms, with opening expected in 2028.
PENN Entertainment plans $200m Hollywood Casino construction in Council Bluffs
The planned development represents a $200m investment by PENN Entertainment in a land-based casino in Council Bluffs.
Maryland lawmakers leave online casino legalisation off November ballot
The bills’ failure prevents operators from entering a regulated online casino market under the proposed framework.
US casinos invest in amenities to attract Gen Z visitors
US casino operators are investing in dining, concerts and other attractions to draw Gen Z visitors.
US casino operators expand dining and entertainment investment
Casino operators are increasing investment in non-gaming attractions as younger gamblers favour online betting.
Penn Entertainment plans $195m relocation of New Orleans casino
Penn Entertainment’s planned $195m casino relocation requires Louisiana Gaming Control Board approval, making regulatory consent a condition for construction.
PENN invests $20m in Alberta digital push, Snowden says
PENN's Alberta outlay signals rising competitive pressure in Canada's newly opened digital market, where operators weigh launch costs against profitability.
Hollywood Casino Aurora records $17.4m in first-month revenue
The property generated $17.4m in month one, giving investors early land-based revenue evidence.
Acquisition
PENN expects tougher NFL customer acquisition, CEO says
Higher acquisition costs around the NFL season would pressure PENN's sportsbook marketing spend as prediction-market platforms compete for the same customers.
Sportsbook executives anticipate stronger NFL marketing competition
Operators should note PENN, BetMGM and Flutter executives expected intense NFL-season competition.
Results
PENN posts quarterly retail revenue of $1.505bn
Investors should note adjusted EBITDAR rose 5.6% to $517.2m with a 34.4% retail margin.
PENN Entertainment gaming revenue reaches 76.86% of total, TradingKey data shows
The breakdown shows how heavily PENN's reported revenue base still depends on its core gaming business rather than food, beverage and hotel operations.