PENN News & Events

UNITE HERE announced that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that PENN Entertainment shareholders vote FOR the shareholder proposal to declassify the company's Board of Directors ahead of PENN's June 16, 2026 Annual Meeting of Shareholders. The recommendations delivered by these two major proxy advisory firms represent significant independent support for enhancing shareholder rights and board accountability at PENN, according to UNITE HERE. "We are pleased that ISS and Glass Lewis have both concluded that shareholders should support annual elections for all PENN directors," said UNITE HERE Director of Gaming Industry Research, Michael Hachey. "These recommendations reinforce what shareholders have communicated for years: that annual director elections enhance board accountability and are a fundamental governance best practice."

PENN Entertainment announced the expected closure of the Hollywood Casino Aurora riverboat property at 5:59am CDT on Wednesday, June 10, in preparation for the grand opening of the all-new, $360M land-based property set to open on June 24, 2026, pending customary regulatory approvals. The new Hollywood Casino Aurora is being developed at 2500 N. Farnsworth Ave. adjacent to the Chicago Premium Outlets near Interstate 80 in Aurora. The facility will feature approximately 1,200 gaming positions, including high-limit slots and table games, a baccarat room and sportsbook. The property also includes a premium hotel with 226 rooms and suites, outdoor entertainment area, full-service spa, high-quality bars and restaurants including Sorella by Giada and Boulevard Food & Drink Hall, an approximately 12,000-square-foot event center with meeting areas and roughly 1,700 parking spaces. All gaming operations at the riverboat property will maintain their normal operating hours until closing at 5:59am CDT on June 10. The hotel began accepting reservations in May.

Nevada Gaming Control Board reports April Las Vegas Strip gaming win up 6.58% vs. last year to $689.45M. Publicly traded companies in the space gambling include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).

The New Jersey Division of Gaming Enforcement announced April gaming revenue results. Total gaming revenue for casinos, racetracks, and their partners was $600.8M for April reflecting 12% growth when compared to $536.6M reported for April 2025. Year-to-date total gaming revenue was $2.3B through April, reflecting 8.6% growth when compared to $2.12B reported for the prior year-to-date period. Total gross revenue taxes were $86.1M for April and $332.1M for year-to-date through April. Casino win for the nine casino hotels was $235.6M for April, reflecting an increase of 11.7% when compared to $211M reported for April 2025. Internet gaming win for the casinos and their partners was $263.1M for April, reflecting growth of 11.9% when compared to $235.2M reported for April 2025. Sports wagering gross revenue for the casinos, racetracks, and their partners was $102.1M for April, reflecting an increase of 12.8% when compared to $90.5M reported for April 2025. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).