Welcome to our dedicated page for Penn Ent news (Ticker: PENN), a resource for investors and traders seeking the latest updates and insights on Penn Ent stock.
PENN Entertainment, Inc. reports developments across a North American gaming and entertainment business that includes casinos, racetracks, online sports betting and iCasino offerings. Company news commonly covers quarterly results, retail property projects under the Hollywood Casino brand, digital wagering strategy, sports media and technology assets, and the PENN Play customer loyalty program.
Recurring updates also address capital actions, material agreements, board composition and shareholder governance matters. PENN’s news flow reflects the regulatory environment for gaming operators, the company’s omnichannel model linking retail casinos with digital products, and periodic changes to its operating structure and executive oversight.
PENN (Nasdaq: PENN) expects to open the new land-based Hollywood Casino Aurora to the public on June 24, 2026, pending regulatory approvals. The $360 million project near Interstate-88 includes a 226-room hotel, 1,200+ gaming positions, a 12,000 sq ft event center and ~1,700 parking spaces.
The company plans to employ ~700 team members. Financing includes $225 million from Gaming and Leisure Properties at a 7.75% capitalization rate and an expected remaining $21 million of a $50 million City of Aurora contribution by year-end.
PENN (Nasdaq: PENN) expects to open a new 203-room hotel tower at Hollywood Casino Columbus on June 12, 2026, pending customary regulatory approvals. The 150,000 sq ft tower includes 183 standard rooms, 20 luxury suites, The Hill Eatery & Lounge, conference space, fitness center and outdoor terrace.
Guests can begin booking on April 15, 2026. The project adds roughly 100 jobs, with job fairs March 27 and April 10, and a grand opening festival and concert planned June 12. An expanded high-limit table games room is planned in H2 2026, pending approvals.
PENN Entertainment (Nasdaq: PENN) reported Q4 2025 results with total revenues of $1,806.2 million and Consolidated Adjusted EBITDA of $225.8 million. Interactive revenues were $398.7 million with an adjusted EBITDA loss of $39.9 million. Liquidity was $1.1 billion including cash of $686.6 million. The company expects 20% segment adjusted EBITDAR growth in 2026, break-even Interactive adjusted EBITDA, >$10.0 million in annualized corporate savings, and reduced leverage (>-1 turn lease adjusted; >-2 turns traditional).
PENN received $150.0 million funding from GLPI and expects ~$225.0 million near the Aurora project opening.
PENN Entertainment (Nasdaq: PENN) appointed Heather Ace, Jeffrey Fox and Fabio Schiavolin as independent directors, effective immediately. The company also entered a cooperation agreement with HG Vora Capital Management that includes customary voting, standstill and other provisions.
The cooperation agreement will remain in effect through the 2027 Annual Meeting of Shareholders and will be filed on Form 8-K with the SEC.
PENN Entertainment (Nasdaq: PENN) will release its 2025 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 26, 2026, followed by a conference call and simultaneous webcast at 8:00 a.m. ET.
The conference call number is 785-424-1789 (conference ID: PENN); callers should dial five minutes early. The live webcast is available at www.pennentertainment.com (allow about 15 minutes to register and install any required software). Q&A is reserved for call-in analysts and investors. A replay will be available for 30 days at www.pennentertainment.com.
PENN Entertainment (Nasdaq: PENN) announced a new corporate organizational structure effective January 5, 2026 to better align its Interactive and retail businesses and support its omnichannel strategy.
Key changes: the Interactive focus (Canada digital assets and U.S. Hollywood iCasino) will be realigned; Executive Vice President, Operations Todd George and Senior Vice President, CIO Rich Primus will step down and their roles eliminated; Aaron LaBerge, Chief Technology Officer and Head of Interactive, will assume enterprise IT responsibility; Jennifer Weissman, Chief Marketing Officer, and regional SVPs retain defined reporting lines. The company said it expects annualized cost savings and improved free cash flow to be detailed with Q4 2025 results in February 2026.
Game Play Network announced that Justin Sebastiano has been appointed Executive Vice President and Chief Financial Officer, effective Dec 2, 2025.
Sebastiano brings more than two decades of finance experience and will lead the company’s global finance organization, including financial planning and analysis, accounting, treasury, and investor relations. He joins from Fanatics, where he was SVP and Treasurer, and previously served as SVP of Finance, Investor Relations, and Treasurer at Penn Entertainment (NASDAQ: PENN). Sebastiano holds dual bachelor’s degrees in Mathematics and Economics and an MBA in Finance from Rutgers University.
PENN Entertainment (Nasdaq: PENN) announced the official opening of the second hotel tower at M Resort in Henderson, Nevada on December 1, 2025. The expansion nearly doubles M Resort’s capacity to 765 rooms and suites, and adds the 15,000 sq ft Montese Ballroom, bringing total indoor and outdoor meeting space to over 100,000 sq ft. PENN says the project finished on budget and ahead of schedule, includes funding of $150 million from Gaming and Leisure Properties at a 7.79% cap rate, and is expected to create 120 new jobs. A public grand opening is scheduled for December 3, 2025 at 6:00 PM PST.
PENN Entertainment (Nasdaq: PENN) completed the rebrand of its U.S. online sports betting platform to theScore Bet and launched sports betting in Missouri on December 1, 2025. Existing customers accessed the rebranded app the same morning using current credentials; account settings, open wagers, and responsible gaming tools remained unchanged.
theScore Bet is now live in 21 U.S. jurisdictions and is natively integrated with theScore sports media app for real-time updates, stats and personalized feeds. PENN’s online casino brand Hollywood Casino remains available within theScore Bet in Michigan, New Jersey, Pennsylvania and West Virginia. PENN operates three Missouri retail properties that opened on-property sportsbooks concurrently with the market launch.
PENN Entertainment (Nasdaq: PENN) reported results for the three and nine months ended September 30, 2025, and announced an early termination of its U.S. online sports betting agreement with ESPN effective December 1, 2025. Key terms: cash payments to ESPN end Q4 2025, ESPN retains vested warrants to purchase 7,957,210 shares (weighted strike $28.951) and forfeit unvested warrants, and PENN plans to rebrand its U.S. OSB offering to theScore Bet (target Dec 1, subject to approvals).
Financial highlights: Q3 revenues of $1.72B, Segment Adjusted EBITDAR $465.8M (32.8% margin), Interactive revenues $297.7M (includes $139.5M tax gross-up), consolidated Adjusted EBITDA $194.9M, liquidity $1.1B, traditional net debt $2.2B, and significant share repurchases with a new $750M buyback authorized.