Penn Entertainment shareholders approved a maximum $17.4 million pay package for chief executive Jay Snowden, down from $25.3 million, according to the report. Support reached 77.5%, compared with less than 33% in 2025; Penn said Snowden received $12.5 million of the $ amount he was eligible for between 2021 and 2025.
Shareholders reduced the maximum CEO pay package, signaling changed investor approval of executive compensation.
Quarter ended 30 September 2026
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PENN Entertainment has put $20m into its Alberta operations, chief executive and president Jay Snowden said. The spend is intended to extend the company's Ontario performance and bring its digital arm closer to profit.
PENN Entertainment chief executive Jay Snowden said the company expected an aggressive and irrational market for acquiring customers as prediction-market platforms competed for online sports betting consumers ahead of the NFL season.
PlayUSA reported, citing Front Office Sports, that PENN, BetMGM and Flutter executives expected intense competition around the NFL season. Flutter also planned to combine FanDuel Predicts with its broader app before regular-season play.
PENN Entertainment opened Hollywood Casino and Hotel Aurora in Illinois after a ribbon-cutting ceremony attended by Illinois Gaming Board officials and local and state representatives. The $360 million property replaces the company’s former riverboat casino and includes more than 1,000 slot machines, over 50 table games and a retail sportsbook.
PENN Entertainment opened a 203-room hotel tower at Hollywood Casino Columbus in Ohio, the company said. The $100 million development includes a restaurant and bar, conference facilities, a fitness centre and an outdoor terrace, and is expected to create about 150 jobs. PENN also plans further property additions in the third quarter of 2026, subject to regulatory approvals.