PENN Entertainment: Latest News, Deals, and Market Updates
AI-GENERATEDHollywood Casino at Kansas Speedway: Hotel Construction Starts After $21 Million Penalty
After a decade-long delay and $21 million in fines, construction has finally begun on 'The Dotte', a new 140-room boutique hotel at Hollywood Casino.
AI-GENERATEDPenn Entertainment Breaks Ground on $200 Million Hollywood Casino in Council Bluffs
Penn Entertainment has started construction on a new land-based casino in Iowa, featuring 1,000 slots and a high-tech ESPN BET sportsbook for $200 million.
AI-GENERATEDGaming Stocks Stumble: Iran Conflict Pressures Global Betting Market Values
The gaming sector fell by seven percent in August, significantly underperforming the broader market. Analyst Daniel Politzer cites geopolitical strife and high rates as primary causes.
AI-GENERATEDHollywood Casino Joliet: Illinois Gaming Board Extends License Until 2030
The Illinois Gaming Board has extended Hollywood Casino Joliet’s operating license for four years. The facility recently moved to a land-based site in August 2025.
AI-GENERATEDDraftKings Leads MarketBeat List of Most Active Gaming Stocks in August
MarketBeat identifies DraftKings, MGM, and PENN as top casino stocks by recent trading volume. Seven companies total were highlighted in the August 30 report.
AI-GENERATEDPENN Entertainment to build $195 million Hollywood Casino New Orleans
Boomtown New Orleans Casino is moving ashore with a $195 million investment from PENN Entertainment, featuring 875 slot machines.
AI-GENERATEDUS Gambling Giants Stumble: Flutter, DraftKings, and PENN Report Millions in Losses
Despite rising handles, industry leaders like Flutter and DraftKings posted significant losses in Q2 2026. Flutter reported a deficit of nearly $300 million.
AI-GENERATEDPenn Entertainment Earnings: Billion-Dollar Revenue and Strategic 2026 Focus
Penn Entertainment reported Q2 revenue of $1.5 billion. CEO Jay Snowden continues to focus on ESPN Bet integration despite recent losses.
AI-GENERATEDPenn Entertainment Returns to Profitability with $32.6m Net Income in Q2 2026
After reporting losses last year, Penn Entertainment bounced back in Q2 2026 with a net income of $32.6m driven by a 5% revenue increase.
AI-GENERATEDGambling industry is bulletproof says GLPI CEO Peter Carlino
Gaming & Leisure Properties CEO Peter Carlino dismisses concerns over regional market weakness, stating that revenue remains resilient despite economic pressure.
AI-GENERATEDUS Gaming Review: PENN Struggles with Identity as Tribal Revenue Hits Records
While PENN Entertainment loses market share due to branding shifts, US tribal gaming revenue soared to a record $46.2 billion. Michigan iGaming revenue grows by 25%.
AI-GENERATEDRegional Casinos Outperform Despite Economic Headwinds, Analyst Says
Regional casinos in the US defy economic challenges, showing an average monthly growth of four percent, according to Truist Securities analyst Barry Jonas.
AI-GENERATEDEx-Penn Entertainment Chief Jason Birney to Lead Live! Casino Philadelphia
Jason Birney, former head of interactive operations at Penn Entertainment, takes over as General Manager of Live! Casino & Hotel Philadelphia, a resort spanning 1.5 million square feet.
AI-GENERATEDPENN Entertainment Launches Gambling in Alberta: New Era for Canada's iGaming Market
PENN Entertainment launched its theScore Bet Sportsbook & Casino along with standalone theScore Casino and Hollywood Casino apps in Alberta on July 13, 2026. Alberta is now the second Canadian regulated online gambling market after Ontario.