PENN CEO Hopes Prediction Market Lawsuits Get to Supreme Court ASAP [Yahoo! Finance]
Penn National Gaming, Inc. (PENN)
Last penn national gaming, inc. earnings: 2/6 07:00 am
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Source: Yahoo! Finance
The chief executive of PENN Entertainment Inc. says the legal outlook for prediction markets is “clear as mud” and that the ongoing litigation involving the federally regulated exchanges can't get in front of the U.S. Supreme Court soon enough. Key Takeaways PENN Entertainment CEO Jay Snowden says the legal status of prediction markets is highly uncertain. PENN will not launch its own prediction market platform because it does not want to risk its valuable state gaming licenses. While some rivals expand into prediction markets, PENN is focusing on improving its financial performance, rebranding its sportsbook, aiming for its interactive division to break even this year. PENN CEO Jay Snowden has previously made it clear that he sees prediction markets as “a major threat” to the gambling industry. On Thursday, during his company's latest earnings call, Snowden said his thinking hasn't changed . What he suggested is constantly changing, though, are the legal fortunes of pred
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PENN
News
- 3 Profitable Stocks We're Skeptical Of [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment (PENN) was upgraded by Benchmark Co. from "hold" to "buy". They now have a $21.00 price target on the stock.MarketBeat
- Hawthorne Race Course Files For Chapter 11 In Illinois [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment (PENN) had its price target raised by Citigroup Inc. from $15.00 to $16.00. They now have a "neutral" rating on the stock.MarketBeat
- PENN Entertainment (PENN) was upgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=PENN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from "stronMarketBeat
PENN
Earnings
- 2/26/26 - Miss
PENN
Sec Filings
- 3/4/26 - Form 3
- 3/4/26 - Form 3
- 3/3/26 - Form 4
- PENN's page on the SEC website