Penn Entertainment, INC

Market Movers (8-K)

NASDAQ
PENN Entertainment announced the results of its 2026 Annual Meeting of Shareholders, including director elections, auditor ratification, and executive compensation votes.
NASDAQ
PENN Entertainment, Inc. announced an amendment to its credit agreement, repricing and extending its $962.5 million term loan B facility.
NASDAQ
PENN Entertainment announced solid first quarter results with growth in its Retail Segment Adjusted EBITDAR and continued online casino expansion, preparing for Alberta launch.
NASDAQ
PENN Entertainment, Inc. announced an amendment to its credit agreement, refinancing and extending its revolving credit facility and term loan A facility to mature in April 2031.
NASDAQ
PENN Entertainment, Inc. successfully closed a private offering of $600 million aggregate principal amount of 6.750% senior notes due 2031, intending to repay existing credit facility debt and for general corporate purposes.
Capital raise
NASDAQ
PENN Entertainment reports solid fourth quarter results with retail adjusted EBITDAR growth and its Interactive segment achieving positive adjusted EBITDA in December, signaling a strong outlook for 2026.
Better than expected
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
PENN Entertainment reported a significant net loss in Q3 2025 due to a major goodwill impairment charge related to the early termination of its ESPN BET partnership and a strategic pivot to theScore Bet.
Worse than expected
NASDAQ
PENN Entertainment reported improved net income and strong Interactive segment growth in Q2 2025, driven by ESPN BET and iCasino, while advancing key development projects.
Better than expected
Capital raise
NASDAQ
PENN Entertainment's Q1 2025 results show increased revenues and a non-cash gain from a financing arrangement, alongside an amendment to their master lease to include the New Joliet Land.
Better than expected
NASDAQ
PENN Entertainment's Q3 2024 results show a net loss of $37.5 million, impacted by strategic changes and increased marketing expenses, while gaming revenue saw a slight increase.
Worse than expected
NASDAQ
PENN Entertainment's second-quarter results show a net loss of $27.1 million, impacted by strategic changes and increased expenses, despite a slight increase in gaming revenue.
Worse than expected
NASDAQ
PENN Entertainment's first quarter of 2024 saw a net loss of $114.9 million, impacted by increased expenses and strategic changes, despite a slight decrease in revenue.
Worse than expected

Annual Reports (10-K)

NASDAQ
PENN Entertainment reported a substantial net loss in 2025, driven by significant impairment charges related to its digital strategy realignment and the termination of its ESPN BET partnership, despite overall revenue growth.
Worse than expected
NASDAQ
PENN Entertainment's 2024 10-K filing highlights its transition towards integrated entertainment, sports content, and casino gaming, while also outlining various financial and operational risks.
Worse than expected
NASDAQ
PENN Entertainment's 2023 annual report reveals a year of strategic transformation, marked by a significant partnership with ESPN and the divestiture of Barstool Sports, alongside financial results impacted by these changes.
Worse than expected

Insider Trading (Form 4)

NASDAQ
PENN Entertainment CEO Jay A. Snowden reported an acquisition of restricted units and a significant forfeiture of performance-based stock, alongside tax-related share disposals.
Worse than expected
NASDAQ
PENN Entertainment Director Jeffrey H. Fox was granted 17,077 shares of restricted common stock, vesting on March 9, 2027.
NASDAQ
Fabio Schiavolin, a Director at PENN Entertainment, Inc., was granted 17,077 shares of restricted common stock, vesting in March 2027.
NASDAQ
PENN Entertainment Director Jane Scaccetti acquired 8,000 shares of common stock at an average price of $15.09 through a pre-arranged trading plan.
NASDAQ
PENN Entertainment's EVP and CFO, Felicia Hendrix, received 24,627 shares from a performance award and had 17,133 shares withheld for taxes.
NASDAQ
PENN Entertainment's EVP, Chief Strategy and Legal Officer, Christopher Byron Rogers, acquired 14,404 shares of common stock through a performance award, while 7,070 shares were withheld for tax obligations.

Proxy Statements (Def-14A)

NASDAQ
PENN Entertainment announces its 2026 Annual Meeting of Shareholders, detailing director elections, executive compensation, and strategic updates.
NASDAQ
Leading independent proxy advisory firm Glass Lewis has recommended PENN Entertainment shareholders vote FOR the company's two director nominees, Johnny Hartnett and Carlos Ruisanchez, for the upcoming 2025 Annual Meeting.
Delay expected
NASDAQ
PENN Entertainment, Inc. responds to an ISS report, reiterating its recommendation for Johnny Hartnett and Carlos Ruisanchez for the two available director seats at the upcoming Annual Meeting on June 17, 2025, while criticizing HG Vora's rejected nominee, William Clifford.
NASDAQ
PENN Entertainment, Inc. issued a statement clarifying its director nomination process for the 2025 Annual Meeting, asserting that HG Vora's nominee, William Clifford, was thoroughly evaluated despite omissions in HG Vora's public filings.
NASDAQ
PENN Entertainment issued an addendum to its fact sheet and a letter to shareholders, strongly refuting 'false claims and mischaracterizations' made by activist investor HG Vora regarding executive compensation, corporate aircraft use, regulatory compliance, and digital strategy.
NASDAQ
PENN Entertainment clarifies the upcoming Annual Meeting agenda, addressing shareholder concerns and confirming the election of two director candidates proposed by HG Vora Capital Management.

Schedule 13D - Activist Investments

NASDAQ
HG Vora Capital Management, a significant shareholder in PENN Entertainment, Inc., has reduced its voting stake to 4.8% while maintaining its economic interest, enabling it to bypass regulatory hurdles and proceed with potential board nominations for the 2025 annual meeting.
Delay expected

Schedule 13G - Passive Investments

NASDAQ
Vanguard Portfolio Management has reported an increased beneficial ownership of Penn Entertainment Inc. common stock, now holding 7.76% of the class.
NASDAQ
Vanguard Capital Management has reported a beneficial ownership of 5.23% in Penn Entertainment Inc. common stock as of March 31, 2026.
NASDAQ
Vanguard Portfolio Management has reported a beneficial ownership of 8,515,741 shares, representing 6.37% of the outstanding common stock of Penn Entertainment Inc., as of March 31, 2026.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Penn Entertainment Inc. following an internal realignment.
NASDAQ
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 3.2% beneficial ownership stake in PENN Entertainment Inc. as of December 31, 2024.