HG Vora accused Penn Entertainment of potentially infringing shareholder voting rights after Penn said it would nominate two of Vora’s three preferred candidates to its board. Vora said it would put forward all three candidates and had filed proxy contest documents with the Securities and Exchange Commission.
The dispute could determine whether Penn shareholders can vote on all three candidates proposed by HG Vora.
Quarter ended 30 September 2026
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The Nevada Gaming Control Board recommended gaming licence approval for Fertitta Entertainment executives Richard Liem and Steven Scheinthal, who are due before the Nevada Gaming Commission on 23 July. The recommendation is separate from Fertitta’s proposed acquisition of Caesars; the source says the acquisition agreement included a go-shop period through 11 July.
PENN Entertainment plans to increase its lobbying activity in Texas after the US midterm elections, chief executive Jay Snowden said during the company’s third-quarter earnings call. He said the company was prepared to expand its presence as legalisation discussions develop, but election results do not ensure legislation will advance. Texas would need a constitutional amendment approved by two-thirds of both legislative chambers and then a statewide vote to legalise casino gambling or sports betting.
PENN Entertainment intends to intensify its Texas lobbying after the U.S. midterm elections, chief executive Jay Snowden said. The company was also prepared to expand its presence as gambling legalisation talks progress, following decades of investment in the state.
PENN Entertainment's chief executive said losses in its interactive unit are largely behind the business, according to the report. The company also said its early performance in Alberta was in line with the market share it had built in Ontario.
Penn Entertainment CEO Jay Snowden said election results could improve prospects for gaming proposals in Texas, Georgia, Pennsylvania and Missouri. He described the outcome as positive for Penn and the industry, while noting that the effect of Pennsylvania’s October skill-games shutdown on revenue growth in the state remained uncertain.
PENN Entertainment chief executive Jay Snowden said on a 5 November earnings call that theScore Bet and Hollywood Casino had made a strong start in Alberta, where the company claims about 10% market share in the early months. He said PENN hopes to enter other provinces if they open to private operators; the company reported 17% year-on-year growth in PENN Interactive revenue in Q3 2026 and adjusted EBITDA of US$18.3m loss.