|Bid||26.85 x 800|
|Ask||26.84 x 800|
|Day's Range||26.76 - 28.50|
|52 Week Range||23.92 - 36.90|
|Beta (3Y Monthly)||1.64|
|PE Ratio (TTM)||4.64|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.45|
The American Gaming Association is out with a new report that says legal sports betting is projected to generate an additional $4.2 billion dollars for the NFL, MLB, NHL, and NBA every year. Yahoo Finance's Seana Smith, Adam Shapiro, and Dan Roberts discuss along with Third Seven Advisors chief strategist Michael Block.
Harry Curtis of Nomura Instinet joins 'Power Lunch' to discuss the impact rising rates have on casino stocks and China-U.S. trade tariffs.
What happens when you let employees pick their own salaries? One company decided to find out. Yahoo Finance's Seana Smith, Dion Roubin and Melody Hahm discussed with CEO Jason Trost.
Penn National Gaming (PENN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Penn National (PENN) is known for its acquisition strategies that help the company expand its presence as well as improve revenue yields.
Penn National Gaming, Inc. (PENN:Nasdaq) announced today that it will release its 2018 third quarter financial results at 7:00 a.m. ET on Thursday, November 1, 2018 and will host a conference call and simultaneous webcast at 9:00 a.m. ET on Thursday, November 1, 2018. The Company also offers social online gaming through its Penn Interactive Ventures division and has leading customer loyalty programs with over five million active customers.
Recent transactions have put two St. Louis-area casinos in different hands and brought ownership of the real estate underlying all but one of the regional gaming facilities under a single company.
Pinnacle Master Lease amended to allow for the sale of the operating assets of three propertiesGLPI entered into a new Master Lease with Boyd Gaming to include three.
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that it completed its previously announced acquisition of Pinnacle Entertainment, Inc. (PNK:Nasdaq) (“Pinnacle”) as well as the related divestitures to Boyd Gaming Corporation (BYD:NYSE) (“Boyd”) and the real estate transactions with Gaming and Leisure Properties, Inc. (GLPI:Nasdaq) (“GLPI”). The transaction further enhances Penn National’s position as North America’s leading regional gaming operator, with 40 facilities in 18 jurisdictions, including Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, and West Virginia.
NEW YORK, Oct. 15, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Penn National Gaming Inc., which is completing the acquisition of Pinnacle Entertainment Inc., fell as much as 9.6 percent in New York. Slot-machine maker Scientific Games Corp., which carries $8.9 billion in debt, lost more than 11 percent, and Caesars Entertainment Corp., which reported weaker trends in Las Vegas this summer, slumped 7.1 percent.
Penn National Gaming (PENN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
NEW YORK , Oct. 4, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: S&P MidCap 400 constituent Fortinet Inc. (NASD: FTNT) ...
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced that at meetings today, the Company received approval from the Nevada Gaming Commission (“NGC”) and Nevada Gaming Control Board (“NGCB”) in connection with its pending acquisition of Pinnacle Entertainment, Inc. (PNK) (“Pinnacle Entertainment”), subject to customary conditions. Today’s approvals represents the final required regulatory approvals necessary to complete the transaction and Penn National anticipates closing the transaction in mid-October, subject to the satisfaction or waiver of the remaining customary conditions to closing set forth in the merger agreement between Penn National and Pinnacle Entertainment.
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn” or the “Company”) announced today that the Federal Trade Commission (“FTC”) has cleared its pending acquisition of Pinnacle Entertainment, Inc. (PNK:Nasdaq) (“Pinnacle”), subject to the previously agreed divestitures of four Pinnacle properties to Boyd Gaming Corporation. The completion of the proposed transaction is contingent on the receipt of approval from one jurisdiction, as well as certain other customary conditions. The Company continues to expect to complete the transaction early in the fourth quarter.
The Ameristar Casino Hotel Kansas City, as well as three other Pinnacle Entertainment Inc. properties, are expected to become part of Las Vegas-based Boyd Gaming Corp.
The U.S. Federal Trade Commission on Monday approved casino operator Penn National Gaming Inc's $2.8 billion purchase of Pinnacle Entertainment Inc, requiring they divest assets in three Midwestern cities. The FTC said the companies should sell casino-related assets in Cincinnati, St. Louis and Kansas City, Missouri, to Boyd Gaming Corp. The cash-and-stock deal, which would cement Penn National's position as the leading U.S. regional gaming operator, was announced in December.
Below is a list of notable corporate events for the week beginning October 1. Note, this list is not comprehensive and all dates are subject to change. All times are ET. View more earnings on FIZZ Monday ...
Strong brand presence, revenue growth opportunities and continual expansion strategies make Penn National (PENN) a lucrative choice at the moment.
Macau's gaming revenues in September are likely to be impacted Typhoon Mangkhut. MGM Resorts to buy Rocksino from MGM Growth Properties.
13Ds are filed with the Securities and Exchange Commission within 10 days of an entity’s attaining a greater than 5% position in any class of a company’s securities. Atlantic Investment Management revealed a stake in the glass-bottle manufacturer of 9,442,027 shares, or 5.9% of the company’s outstanding stock, after a sale and a purchase. On Sept. 13, Atlantic addressed a letter to OI’s CEO Andres Lopez, commenting that since he took the job in 2016, the company has matched or bettered “EPS expectations for 10 straight quarters…while free-cash-flow growth has grown strongly, as well.” However, it also noted that shares are at an “ultralow valuation…essentially flat from when [Lopez] became CEO in early 2016,” leaving the company vulnerable to takeover.
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced that at a meeting today, the Company received approval from The Colorado Division of Gaming (“CDG”) in connection with its pending acquisition of Pinnacle Entertainment, Inc. (PNK) (“Pinnacle Entertainment”), subject to customary conditions. The completion of the proposed transaction is contingent on receipt of additional regulatory approvals, as well as certain other conditions. Timothy J. Wilmott, Chief Executive Officer of Penn National, commented, “We are grateful to The Colorado Division of Gaming for their work and comprehensive review of the application and filings related to our pending transaction with Pinnacle Entertainment.
In a bid to fortify existing portfolio of brands and boost non-gaming entertainment service revenues, MGM Resorts (MGM) inks acquisition deal with MGM Growth Properties to buy Rocksino.