Penn Entertainment: The Redemption Story That Wall Street Is Mispricing

PENN Entertainment (PENN) reached a pivotal earnings inflection in Q2 2026, signaling a meaningful turnaround. PENN delivered strong Q2 2026 results: revenue up 5.2%, net income positive at $32.6M, and adjusted EBITDA up 32.4%. I see PENN's future strength in refocusing on its extensive brick-and-mortar casino portfolio rather than chasing online gaming.

Seeking Alpha • 15 hours ago

PENN Entertainment: Not Much To Get Excited About

PENN Entertainment remains a Hold with an $18 price target due to mixed earnings and limited valuation upside versus peers. The retail segment showed solid Q2 growth, with adjusted EBITDAR up 5.6% year-over-year and regional strength in the Midwest and West. Interactive segment profitability is improving, but revenue growth has slowed sharply, raising concerns about long-term competitiveness and leverage reduction.

Seeking Alpha • Sep 14, 2026

PENN Entertainment Announces Groundbreaking Ceremony for New Hollywood Casino Hotel Council Bluffs

WYOMISSING, Pa. & COUNCIL BLUFFS, Iowa--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today that it will host a groundbreaking ceremony for the future Hollywood Casino Hotel Council Bluffs (“Hollywood Council Bluffs”) on Monday, September 14, 2026, at 10 a.m. CT. The new land-based casino is expected to open in 2028 and will replace the Company's adjacent Ameristar Council Bluffs riverboat casino when completed, pending customary regulatory approva.

Business Wire • Sep 10, 2026

NFL Kickoff To Spark Record Betting Season As Prediction Markets Boom. AGA Throws A Flag.

Citizens forecasts the 2026 NFL season will mark a record for sports betting, bolstered by prediction markets growth. The AGA takes aim at event contracts.

Investors Business Daily • Sep 9, 2026

PENN Stock Gains 49% in Six Months: Should You Buy, Sell or Hold?

PENN's 48.6% six-month rally reflects stronger retail execution, new-property momentum and a sharp improvement in Interactive profitability.

Zacks Investment Research • Aug 24, 2026

PENN Expands Its Casino Footprint: Can New Projects Drive Growth?

PENN's new casino projects are boosting revenues, while further developments could extend growth through 2030.

Zacks Investment Research • Aug 21, 2026

PENN Entertainment Announces Plans to Relocate Boomtown Casino New Orleans Riverboat and Construct New $195 Million Landside Hollywood Casino New Orleans

WYOMISSING, Pa. & JEFFERSON PARISH, La.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino & Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,00.

Business Wire • Aug 17, 2026

PENN Entertainment Q2 Earnings Call Highlights

PENN Entertainment NASDAQ: PENN reported record second-quarter retail revenue and raised its full-year outlook for the segment, while management said its interactive business continued to narrow losses through lower marketing spending, cost efficiencies and growth in online casino operations.

MarketBeat • Aug 7, 2026

PENN Entertainment, Inc. (PENN) Q2 2026 Earnings Call Transcript

PENN Entertainment, Inc. (PENN) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 6, 2026

PENN Entertainment, Inc. Reports Second Quarter Results

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three and six months ended June 30, 2026. Jay Snowden, Chief Executive Officer and President, said: “We continued to execute against our 2026 strategic priorities this quarter: delivering Segment Adjusted EBITDAR growth, optimizing corporate overhead, growing cash flow, and deleveraging the balance sheet. PENN achieved record quarterly Retail segment reven.

Business Wire • Aug 6, 2026