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The Latest Breaking News from Penn

Penn National Gaming Q1 Earnings Highlights: Revenue Beat, Guidance Raise, Barstool Sports And Canada Opportunities

Casino and sports betting operator Penn National Gaming (NASDAQ: PENN) reported first-quarter earnings Thursday morning. Here are the key highlights for investors.

Benzinga

Penn National Gaming Reports Mixed Q1 Earnings, Lifts FY22 EBITDAR Outlook

Penn National Gaming Inc (NASDAQ:PENN) reported first-quarter FY22 sales growth of 22.4% year-on-year, to $1.56 billion, beating the analyst consensus estimate of $1.53 billion. Gaming revenue rose 19.33%, while food, beverage, hotel, and other revenue increased 41.5% Y/Y. Revenue from Northeast, South, West, and Midwest segments surged from last year. Adjusted EBITDAR of…

Benzinga

Penn National Gaming: Q1 Earnings Insights

Penn National Gaming (NASDAQ:PENN) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

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Here's How Much $100 Invested In Penn National Gaming 10 Years Ago Would Be Worth Today

Penn National Gaming (NASDAQ:PENN) has outperformed the market over the past 10 years by 2.66% on an annualized basis producing an average annual return of 14.45%. Currently, Penn National Gaming has a market capitalization of $6.40 billion.

Benzinga

Violent crime leaves invisible injuries. Philly hospital staffers use their life stories to help heal them

PHILADELPHIA -- Waltkeem Jenkins still feels traumatized after being jumped five times as a teenager in South Philadelphia, and robbed once at gunpoint.

The Philadelphia Inquirer

A Pa. school district dropped its diversity program. Black families say the district isn’t acknowledging racism

Jeneal Hobbs can rattle off the stories her children tell her about their days in the Pennridge School District: the white student holding cotton and yelling in the hallway, “Hey everyone, I’m Black.” A school bus accident in which the police were called and a white child told one of…

The Philadelphia Inquirer

Mehmet Oz is a top Senate candidate in Pennsylvania. What are his ties to the state?

PHILADELPHIA — Mehmet Oz lived in North Jersey for more than three decades. The celebrity known as “Dr. Oz” has invited magazines and TV cameras to his home overlooking the Hudson River and Manhattan skyline to showcase his lifestyle and advice.

The Philadelphia Inquirer

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Eagles’ Devon Allen wins Penn Relays 110m hurdles in record time

PHILADELPHIA — While most of the Eagles’ attention on Saturday was focused on the late rounds of the NFL draft, another of the Birds’ new players was flying down the track at Franklin Field.

The Philadelphia Inquirer

Athing Mu thrills the Penn Relays crowd and wins a star-studded 600-meter race

PHILADELPHIA — There are two kinds of roars that echo off Franklin Field’s venerable brick walls during the Penn Relays, and resonate on for years afterward.

The Philadelphia Inquirer

Oz flaunts Trump endorsement as US Senate candidates try to prove their Pennsylvanian roots

HARRISBURG, Pa. — Pennsylvania Republican U.S. Senate candidate Mehmet Oz debuted a new Trumpian confidence inspired by the former president’s endorsement, as the five candidates tried to set themselves apart as the “most Pennsylvanian” candidate in Monday’s debate for the GOP nomination.

Tribune News Service

Morgan Stanley Upgrades Penn National Gaming, Says Barstool Provides 'Unique Customer Acquisition Opportunity'

It's been a brutal year for Penn National Gaming, Inc (NASDAQ: PENN) investors, but the stock got a much-needed boost from a high-profile analyst upgrade on Monday.

Benzinga

If You Invested $100 In Penn National Gaming 10 Years Ago, Here's How Much You Would Have Today

Penn National Gaming (NASDAQ:PENN) has outperformed the market over the past 10 years by 1.79% on an annualized basis producing an average annual return of 14.25%. Currently, Penn National Gaming has a market capitalization of $6.48 billion.

Benzinga

Truist Cuts Penn National Gaming Price Target By 7%

Truist analyst Barry Jonas lowered the price target on Penn National Gaming Inc (NASDAQ:PENN) to $60 from $65, implying a 63% upside. Meanwhile, Jonas maintained a Buy rating on the shares. Barry noted that the fundamentals in the quarter were strong due to rising pent-up demand as fears of Omicron subsided. The analyst specified that…

Benzinga

Pardon My Cheesesteak? Barstool Sports Trademarks For New Restaurant: Here Are The Details

A sports media company has filed a trademark for a restaurant brand. Here’s the latest.

Benzinga

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Benzinga

What 7 Analyst Ratings Have To Say About Penn National Gaming

Penn National Gaming (NASDAQ:PENN) has observed the following analyst ratings within the last quarter:

The Philadelphia Inquirer

Q&A: Penn ethicist Zeke Emanuel has another life as a venture capitalist

Ezekiel Emanuel chairs the department of medical ethics and health policy at the University of Pennsylvania. He started the bioethics department at the National Institutes of Health, helped shape U.S. health-care policy as a senior aide in the Obama administration, served on President Joe Biden's COVID-19 task force, and advocates…

The Philadelphia Inquirer

Black women now lead 3 of Penn’s prestigious law journals. They talk about what other change they’d like to see

PHILADELPHIA — When Chayla Sherrod learned she had been selected as the next editor of the University of Pennsylvania Law Review — the oldest and one of the most prestigious law journals in the country — she was thrilled.

Benzinga

Penn National Gaming Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Penn National Gaming (NASDAQ:PENN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Benzinga

Penn National's theScore Bet Inks 10-Year Gaming Partnership With Toronto Blue Jays

theScore Bet, a wholly-owned subsidiary of Penn National Gaming Inc (NASDAQ:PENN), and the Toronto Blue Jays baseball team have signed a ten-year exclusive partnership. theScore Bet has become the gaming partner of the Toronto Blue Jays. The move comes as Ontario recently opened its market for sports betting and iGaming to regulated private…

The Philadelphia Inquirer

Sources: La Salle to hire Fran Dunphy as men’s basketball coach

PHILADELPHIA — According to several sources familiar with the decision, Fran Dunphy has agreed to be the next head men’s basketball coach at La Salle University, his alma mater.

Benzinga

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga

Penn National Launches theScore Bet Mobile Sportsbook, Casino In Ontario

Penn National Gaming Inc (NASDAQ:PENN) subsidiary, Score Digital Sports Ventures Inc, has officially launched theScore Bet mobile Sportsbook and Casino in Ontario. theScore Bet delivers a range of pregame and in-play bet types across all major sports leagues and events. The BET MODE feature allows fans to utilize theScore's deep data, stats, and…

Benzinga

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Sports Illustrated

The IOC Has a New Trans-Inclusion Framework, but Is the Damage Already Done?

The testosterone-centered policies used at the Olympics aren’t just about elite sports. They trickle down to even the recreational and youth levels, and end up policing who gets to be a woman in women’s sports—and in society at large.

Chicago Sun-Times

When inclusion and fairness collide

Transgender female swimmer Lia Thomas has raised some thorny issues by competing against biological women.

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