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Penn Entertainment’s gamble on ESPN isn’t going as hoped
"But if for whatever reason we’re not hitting the levels that we need to, then obviously as you’re approaching that third anniversary, you have a three-year clause in the contract that both sides will ... Read More
PENN Entertainment's Turnaround May Be Prolonged - Oversold Status Triggers Rich Upside Potential (Rating Upgrade)
PENN's minimal growth profile and yet to bear fruit ESPN Bet have naturally triggered the great pessimism observed in its stock prices and valuations. Read More
Penn Entertainment Upgraded After Analyst Challenges ESPN Bet's Zero Valuation
The Analyst Takeaways: Penn Entertainment launched ESPN Bet in November 2023 through a licensing deal ... the Interactive segment from where it is today. "On a cash handle share basis, ESPN ... Read More
Penn Entertainment's Q4 profit misses analysts' estimates on interactive losses, casting ESPN Bet uncertainty
Penn Entertainment continues its expansion efforts, with multiple projects underway in Nebraska, Illinois, and Louisiana. A newly opened facility in Bossier City, Louisiana, is among the company’s ... Read More
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