Tag: PENN Entertainment Inc

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Horse racing set for a resurgence in the U.S.

Horse racing set for a resurgence in the U.S.

Horse race At the harness racing week on the Freehold Raceway in New Jersey: a reverse race with the sulky fixed in front of the horse - 1930.Robert S [...]
Hard Rock open to FanDuel, DraftKings partnership in Florida

Hard Rock open to FanDuel, DraftKings partnership in Florida

Florida's sports betting market may be about to get a lot more interesting, with Hard Rock's chairman opening the door to partnerships with commercial [...]
DraftKings reverses plans for a user tax as FanDuel wows Wall Street

DraftKings reverses plans for a user tax as FanDuel wows Wall Street

Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel bett [...]
Penn lays off about 100 employees as it focuses on ESPN Bet growth

Penn lays off about 100 employees as it focuses on ESPN Bet growth

The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty ImagesPenn Entertainment will l [...]
Disney CTO Aaron LaBerge to leave company for personal reasons

Disney CTO Aaron LaBerge to leave company for personal reasons

The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023.Michael M. Santiago | Get [...]
Barstool’s Dave Portnoy won $2.7 million on UConn NCAA bet

Barstool’s Dave Portnoy won $2.7 million on UConn NCAA bet

Barstool Sports founder Dave Portnoy is cashing in $2.76 million on UConn's big win over Purdue Monday night in the NCAA men's championship game.Portn [...]
Largest U.S. sportsbooks join forces to tackle problem gambling

Largest U.S. sportsbooks join forces to tackle problem gambling

Seven of the nation's largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, [...]
DraftKings posts 44% revenue growth, but falls short of estimates

DraftKings posts 44% revenue growth, but falls short of estimates

In this photo illustration the DraftKings logo seen displayed on a smartphone.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesDraftKings on [...]
ESPN Bet plans launch in New York, the largest U.S. betting market

ESPN Bet plans launch in New York, the largest U.S. betting market

ESPN Bet is coming to the Big Apple.Penn Entertainment, which operates the sports betting platform, will pay Wynn Resorts $25 million for market acces [...]
FanDuel-parent Flutter lists on the NYSE, challenging DraftKings

FanDuel-parent Flutter lists on the NYSE, challenging DraftKings

FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, [...]
Casino workers go on strike in Detroit

Casino workers go on strike in Detroit

MGM Resorts International's MGM Grand Detroit hotel stands in Detroit on Oct. 30, 2013.Bryan Mitchell | Bloomberg | Getty ImagesAuto workers aren't th [...]
ESPN betting sportsbook launches via Penn Entertainment partnership

ESPN betting sportsbook launches via Penn Entertainment partnership

SportsCenter at ESPN Headquarters.The Washington Post | The Washington Post | Getty ImagesDisney's ESPN is launching a betting sportsbook, putting the [...]
SoFi Technologies, Charter Communications, Delta and more

SoFi Technologies, Charter Communications, Delta and more

Delta Airlines Embraer ERJ 170-200 flying above Los Angeles International Airport on Oct. 2, 2022 in Los Angeles, California.AaronP/Bauer-Griffin | Gc [...]
I can’t recommend Penn Entertainment

I can’t recommend Penn Entertainment

Penn Entertainment Inc: "Everybody's in this darn business. ... I do like Penn. They're good guys, but I cant recommend the stock right now."Tilray Br [...]
Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter

Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter

Jim "Mattress Mack" McIngvale, of Houston, holds some of the tickets in Atlantic City N.J., Tuesday, Nov. 1, 2022, showing bets he has made on the Hou [...]
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