Increased Support for Online Gaming Could Give Industry a Boost
PENN Entertainment, Inc. (PENN)
Last penn entertainment, inc. earnings: 2/6 07:00 am
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pennnationalgaming.gcs-web.com/investor-overview
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Source: PR Newswire
NEW YORK, Feb. 24, 2021 /PRNewswire/ -- The gaming industry has come a long way over the past couple of decades, fueled by new technological advancements like AR\VR, rising smartphone adoption, as well as changing gamer preferences. The rise of online gaming has been especially interesting to watch from an investor perspective as it has been one of the major driving forces in the industry's exponential growth. In addition to this, gradual changes in regulations that have allowed online gambling to become legal in some US states have been instrumental in bolstering the industry's future prospects. With Google now increasing its support for online gaming, companies like 888 Holdings (OTCPK: EIHDF), Penn National Gaming (NASDAQ:PENN), Rush Street Interactive (NYSE: RSI), DraftKings Inc (NASDAQ: DKNG), and Bragg Gaming (TSX:BRAG) (OTCQX:BRGGF) seem extremely well positioned to benefit from this move.Google Allows Online Gambling Apps Back into the Play StoreGoogle recently announced that
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PENN
News
- PENN Entertainment, Inc. (NASDAQ: PENN) had its price target lowered by analysts at Barclays PLC from $27.00 to $26.00. They now have an "overweight" rating on the stock.MarketBeat
- PENN Entertainment, Inc. (NASDAQ: PENN) is now covered by analysts at Benchmark Co.. They set a "hold" rating on the stock.MarketBeat
- Q4 Earnings Outperformers: PENN Entertainment (NASDAQ:PENN) And The Rest Of The Casino Operator Stocks [Yahoo! Finance]Yahoo! Finance
- Virginia Beach developer Bruce Smith makes pitch for Petersburg casino [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment, Inc. (NASDAQ: PENN) had its price target raised by analysts at Morgan Stanley from $21.00 to $22.00. They now have an "equal weight" rating on the stock.MarketBeat
PENN
Earnings
- 2/15/24 - Miss
PENN
Sec Filings
- 3/27/24 - Form 3
- 3/21/24 - Form 8-K
- 3/14/24 - Form 4
- PENN's page on the SEC website