Yet, while these failures continue to be a drag on PENN's profitability and stock price, an activist investor's plans to launch a proxy fight may change the story. Whether from management deciding ...

Investor HG Vora is launching a proxy fight at casino operator Penn Entertainment, submitting nominations for three independent board seats. The Wall Street Journal reported in late 2023 that HG ...

PENN's 1.5 years with ESPN Bet has not gone as hoped, management conveyed to investors during the fourth quarter earnings ...

Penn National has been the RC Cola of the sports ... The company also faces a proxy fight by shareholders to claim three board seats, based on allegations of "reckless spending." ...

Penn National’s interactive division, which includes the ESPN Bet online business, lost $109.8 million. Overall the company missed forecasts with $1.67 billion in revenue and $133.8 million in net ...