32.32 +0.14 (0.44%)
Pre-Market: 7:00AM EDT
|Bid||31.50 x 900|
|Ask||33.18 x 900|
|Day's Range||31.15 - 32.38|
|52 Week Range||20.05 - 36.90|
|PE Ratio (TTM)||5.52|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||38.00|
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that the Company expects to begin offering sports betting at Hollywood Casino Gulf Coast and Boomtown Casino Biloxi on August 17th, 2018, and at Hollywood Casino Tunica, 1st Jackpot Casino Tunica, and Resorts Casino Tunica on August 24th, 2018.
Casino stocks have taken a beating in recent weeks, and one Wall Street analyst says it’s time for investors to step in and buy the dip in a handful of top stocks. The Analyst Jefferies analyst David Katz ...
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced that at separate meetings today, the Company received approvals from the Massachusetts Gaming Commission (“MGC”) and the Texas Racing Commission (“TRC”) 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 thank the Massachusetts Gaming Commission and the Texas Racing Commission for their thorough and diligent review of the applications and filings related to our pending transaction with Pinnacle Entertainment.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on August 10. Index (PMI) data, output in the Consumer Services sector is rising.
NEW YORK, Aug. 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Microvision, ...
Moody's Investors Service today confirmed the Ba3 Corporate Family Ratings for both Penn National Gaming, Inc. ("Penn") and Pinnacle Entertainment, Inc. ("Pinnacle"). Both companies were placed under review for downgrade on December 19, 2017 following the announcement that Penn will acquire Pinnacle in a cash and stock transaction valued at approximately $2.8 billion. Penn's and Pinnacle's Ba2 senior secured and B2 senior unsecured ratings were also confirmed.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
U.K. bookmaker William Hill is planning a major U.S. expansion after rival Paddy Power announced a sports betting partnership with Boyd Gaming.
The NBA announced that MGM Resorts International will be the league's first official gaming partner, marking the first such deal with a U.S. pro-sports league.
MGM Resorts became the latest gambling giant to warn of waning demand at Las Vegas casinos, joining peers Wynn, Las Vegas Sands and Caesars.
Wynn Resorts' (WYNN) disappointing performance in the second quarter can be primarily attributed to dismal performance by its Macau operations.
-Completes Refinancing of all 2018 Debt Maturities with Attractive Long-Term Interest Rates-- Declares 2018 Third Quarter Dividend of $0.63 per Common Share-- Establishes 2018 Third Quarter and Revises ...
The Zacks Analyst Blog Highlights: Goldman Sachs, Polaris, American Woodmark, Penn National, Funko and Johnson Outdoors
MGM Resorts International has become the latest casino stock to bet big on sports betting after entering a partnership with UK gaming giant GVC Holdings.
Boyd Gaming (BYD) second-quarter results came on the back of year-over-year gain in Las Vegas Locals, Downtown Las Vegas and Midwest and South segments revenues.
Driven by Penn National's (PENN) margin improvement initiative, the company witnesses earnings growth in the second quarter of 2018.
Pinnacle Entertainment, Inc. (PNK) announced today that it will release its 2018 second quarter financial results on Thursday, August 2, 2018. As previously announced, on December 17, 2017, Pinnacle Entertainment, Inc. (“Pinnacle”) entered into an agreement and plan of merger with Penn National Gaming, Inc. (PENN) (“Penn”), pursuant to which Penn will acquire all of the outstanding common shares of Pinnacle in a cash and stock transaction. Under the terms of the agreement and plan of merger, Pinnacle stockholders will receive $20.00 in cash and 0.42 shares of Penn common stock for each Pinnacle share.
- Continued Improvement to Industry Leading Adjusted EBITDA Margins Across all Three Operating Segments -
Las Vegas Sands' (LVS) lower-than-expected earnings in second-quarter 2018 can be primarily attributed to lower Rolling Chip volume and win percentage at Marina Bay Sands in Singapore.