PENN - Penn National Gaming, Inc.
| Previous Close | 24.35 |
| Open | 24.35 |
| Bid | 21.00 x 800 |
| Ask | 25.00 x 1000 |
| Day's Range | 24.24 - 24.74 |
| 52 Week Range | 17.30 - 36.90 |
| Volume | 1,426,612 |
| Avg. Volume | 2,580,682 |
| Market Cap | 2.91B |
| Beta (3Y Monthly) | 2.10 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Business Wire•11 days ago
Penn National Gaming Board of Directors Authorizes New $200 Million Share Repurchase Program
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that its Board of Directors approved a new $200 million share repurchase program. The new two-year authorization (which will expire on December 31, 2020) is incremental to the Company’s existing share repurchase program, which is set to expire in February of 2019. Repurchases by the Company will be subject to available liquidity, general market and economic conditions, alternate uses for the capital and other factors.
- Business Wire•13 days ago
Rutter’s Selects Penn National Gaming as Its Operator for Video Gaming Terminals in Pennsylvania
Rutter’s announced today that it has chosen Marquee by Penn, LLC, an affiliate of Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National”), as its Terminal Operator for Video Gaming Terminals (“VGTs”) in Pennsylvania. Twenty Rutter’s establishments in the Commonwealth are expected to initially qualify to host VGTs.
- Business Wire•18 days ago
Penn National Gaming Completes Acquisition of Margaritaville Resort Casino Operations
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that it completed the purchase of the operations of Margaritaville Resort Casino in Bossier City, Louisiana (“Margaritaville”), for total consideration of $115 million. The transaction was financed with incremental borrowings under the Company’s revolving credit facility with the purchase price representing a multiple of approximately 5.0x expected trailing twelve months adjusted earnings before interest, taxes, depreciation, amortization, and management fee for the period ended December 31, 2018.
- PR Newswire•last month
DraftKings Prepares to Launch Sports Betting in West Virginia
BOSTON, Dec. 18, 2018 /PRNewswire/ -- DraftKings Inc. announced today that it has reached a licensing agreement with an affiliate of Penn National Gaming, Inc. (PENN), the operator of Hollywood Casino at Charles Town Races in West Virginia. The agreement allows sports fans in the Mountain State to access DraftKings Sportsbook, the leading mobile and online sports betting platform, pending regulatory approvals. "We are thrilled to work with Penn National Gaming to bring our online sportsbook product to West Virginia," said Matt Kalish, Chief Revenue Officer and co-founder of DraftKings.
- PR Newswire•2 months ago
Alliance Data To Launch Co-Brand Credit Card Loyalty Program For Penn National Gaming, North America's Largest Regional Gaming Operator
New program to expand and enrich Penn National's player database, driving customer loyalty and increasing revenue through data-driven insights Innovative application and on-site credit card issuance capabilities ...
- Business Wire•2 months ago
Penn National Gaming Enters into Definitive Agreement to Acquire Operations of Greektown Casino-Hotel
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”), announced today that it has entered into a definitive agreement to acquire the operations of Greektown Casino-Hotel in Detroit, Michigan (“Greektown”) for approximately $300 million in cash. Simultaneous with the closing of the transaction, Penn National will enter into a triple net lease agreement with VICI Properties Inc. (VICI) (“VICI”) for the Greektown facility.
- GlobeNewswire•2 months ago
New Research Coverage Highlights Penn National Gaming, PBF Logistics LP, Floor & Decor, Applied Industrial Technologies, ConforMIS, and SMART Global — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- GlobeNewswire•2 months ago
Everi and Penn National Gaming Extend Cash Access Services Agreement
LAS VEGAS, Nov. 05, 2018 -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and financial.
- Business Wire•3 months ago
Penn National Gaming Reports Third Quarter Income from Operations of $155.8 Million and Adjusted EBITDA after Master Lease Payments of $114.5 Million
- All Three Operating Segments Generate Continued Improvements to Industry Leading Adjusted EBITDA Margins -
- GlobeNewswire•3 months ago
Gaming and Leisure Properties, Inc. Announces Third Quarter 2018 Results
- Completes Acquisition Financing -- Establishes 2018 Fourth Quarter and Revises Full Year Guidance -- Completes Acquisition of the Real Estate Assets of Tropicana Entertainment.
- Business Wire•3 months ago
Penn National Gaming Files Application for Hollywood Casino Morgantown
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that it has filed an application with the Pennsylvania Gaming Control Board (“PGCB”) for Hollywood Casino Morgantown, the Company’s second Category 4 satellite gaming facility, to be located on a vacant 36-acre site in Caernarvon Township, Berks County. The planned facility will be near the intersections of three major roadways: the Pennsylvania Turnpike (I-76), I-176, and the Morgantown Expressway (Rt.
- PR Newswire•3 months ago
IGT Signs Digital Platform and Content Agreement with Penn National Gaming for Online Gaming in Pennsylvania
LONDON, Oct. 25, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (IGT) announced today that the Company signed a five-year agreement with Penn Online Entertainment, LLC, a subsidiary of Penn National Gaming's (PENN) Penn Interactive Ventures ("PIV") for its PlayDigital division to provide a full suite of digital gaming products, including the platform, and services for the newly regulated Pennsylvania online gaming market. IGT's digital gaming platform, PlayCommand™, will enable online gaming for Penn National's Pennsylvania-based customers via its online gaming portal - HollywoodCasino.com.
- Business Wire•3 months ago
Penn National Gaming to Report Third Quarter Results and Host Conference Call and Webcast on November 1
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.
- Business Wire•3 months ago
Penn National Gaming Completes Acquisition of Pinnacle Entertainment
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.
- PR Newswire•4 months ago
Fortinet Set to Join S&P 500; ASGN and Penn National Gaming to Join S&P MidCap 400; Veritex Holdings and The Chefs' Warehouse to Join S&P SmallCap 600
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) ...
- Business Wire•4 months ago
Penn National Gaming Secures Approval from Nevada Gaming Regulators in Connection with Its Pending Acquisition of Pinnacle Entertainment
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.
- Business Wire•4 months ago
Penn National Gaming Secures Federal Trade Commission Clearance of Its Pending Acquisition of 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.
- Business Wire•4 months ago
Penn National Gaming Secures Approval from The Colorado Division of Gaming in Connection with Its Pending Acquisition of Pinnacle Entertainment
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.
- Business Wire•4 months ago
Penn National Gaming Files Application for Hollywood Casino York
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that it has filed an application with the Pennsylvania Gaming Control Board (“PGCB”) for Hollywood Casino York, the Company’s first Category 4 satellite gaming facility, to be located at the York Galleria Mall in Springettsbury Township, Pennsylvania. The development of Hollywood Casino York represents an overall investment of nearly $120 million, including the Company’s $52.6 million Category 4 slots and table games license fees.
- Business Wire•5 months ago
Penn National Gaming Secures Approval from Missouri Gaming Commission in Connection with Its Pending Acquisition of Pinnacle Entertainment
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced that at a meeting today, the Company received approval from the Missouri Gaming Commission (“MGC”) 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 appreciate the work of the Missouri Gaming Commission and their comprehensive review of the application and filings related to our pending transaction with Pinnacle Entertainment.
- Business Wire•5 months ago
Penn National Gaming Secures Approval from Iowa Racing and Gaming Commission in Connection with Its Pending Acquisition of Pinnacle Entertainment
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced that at a meeting held today, the Company received approval from the Iowa Racing and Gaming Commission (“IRGC”) 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 Iowa Racing and Gaming Commission for its thorough and diligent review of the application and filings related to our pending transaction with Pinnacle Entertainment.
- Business Wire•5 months ago
Penn National Gaming Set to Launch Sports Betting at Hollywood Casino at Charles Town Races on September 1st
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the “Company”) announced today that they expect to begin offering sports betting at Hollywood Casino at Charles Town Races on September 1st. The Company’s West Virginia sports book will be managed by William Hill US, the largest sports betting operator in the United States.
- Business Wire•5 months ago
Penn National Gaming Set to Launch Sports Betting at Its Five Mississippi Casinos
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.