The Game Day Secures $4.5M in Series A Funding Round, Backed by Leading Sports Media and Online Gambling Investors [MarketWatch]
PENN Entertainment, Inc. (PENN)
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Source: MarketWatch
NEW YORK, (BUSINESS WIRE) -- The Game Day , a digital sports media company focused on delivering content to the next generation of sports fans and sports bettors, has secured $4.5M in Series A financing. This raise comes as The Game Day scales to meet strong demand in the North American sports media space. This latest round of funding is backed by a team of several leading sports media and online gaming investors and seven returning investors continuing their financial support and faith in the company's current trajectory. The capital raised will support the company's ongoing rapid growth, including commissioning additional marquee talent, the introduction of innovative content formats, driving increased conversions, and opportunities for monetization via new revenue streams. “ The Game Day has seen tremendous growth this past year and we are thrilled to continue to charge forward and drive our business to the next level. This funding and the support of our investors will allow u
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News
- PENN Entertainment, Inc. (NASDAQ: PENN) had its price target lowered by analysts at Wells Fargo & Company from $21.00 to $18.00. They now have an "equal weight" rating on the stock.MarketBeat
- PENN Entertainment, Inc. (NASDAQ:PENN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment, Inc. (NASDAQ: PENN) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- PENN Entertainment, Inc. (NASDAQ: PENN) had its price target lowered by analysts at Craig Hallum from $25.00 to $20.00. They now have a "hold" rating on the stock.MarketBeat
- PENN Entertainment, Inc. (NASDAQ: PENN) had its price target lowered by analysts at Barclays PLC from $26.00 to $22.00. They now have an "overweight" rating on the stock.MarketBeat
PENN
Earnings
- 5/2/24 - Miss
PENN
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- PENN's page on the SEC website