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PENN sees Alberta growth and eyes further Canadian iGaming markets

Deals & M&A

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.

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PENN’s expansion opportunities depend on other provinces opening to private operators.

End-of-day close PENN Entertainment (PENN), USD, to 4 November 2026
Story date21 September 20264 November 2026

Latest reported results

PENN Entertainment NASDAQ: PENN

Quarter ended 30 June 2026

Revenue
USD 1.86bn
Operating income
USD 131.7m10-Q filing 0000921738-26-000022

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