DraftKings and PENN Entertainment capture diverging paths in a maturing U.S. betting market, as investors reassess profitability, execution, and balance-sheet discipline.
Texas Permanent School Fund Corp grew its holdings in shares of PENN Entertainment, Inc. (NASDAQ: PENN) by 55.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,498 shares of the company's stock after purchasing an additional 38,275 shares during the quarter. Texas
Las Vegas Sands emerges as the top 2026 gaming play, backed by Macau momentum, Singapore growth, and a margin-focused strategy as the industry matures.
VICI Properties and Gaming and Leisure Properties offer yields above 6% and 7%, respectively, underpinned by strong cash flows and fundamentals. VICI trades at an attractive 11.8x P/AFFO, below sector median, with robust liquidity, 8th consecutive dividend increase, and a well-covered 75% AFFO payout ratio. GLPI boasts a lower 10.78x P/AFFO, solid 4.4x leverage, no debt maturities until 2027, and an 80% AFFO payout ratio, supporting its high yield.
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - Jackpot Digital Inc. (TSXV: JJ) (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (the "Company" or "Jackpot Digital") Jackpot Digital, the world's leading provider of innovative dealerless electronic poker gaming solutions, is pleased to announce that it has finalized installation agreements to deploy its Jackpot Blitz® dealerless poker electronic table games ("ETGs") at Boomtown Casino Biloxi and Hollywood Casino Gulf Coast in Mississippi, both owned and operated by PENN Entertainment, Inc. (NASDAQ: PENN). These agreements follow previously executed letters of intent.
Federated Hermes Inc. boosted its stake in PENN Entertainment, Inc. (NASDAQ: PENN) by 40.1% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 810,040 shares of the company's stock after acquiring an additional 231,981 shares during the period. Federated
Penn Entertainment began by solely operating physical casinos. DraftKings has expanded its business across sports betting, iGaming, and lottery.
LOS ANGELES , Dec. 2, 2025 /PRNewswire/ -- Game Play Network, Inc. ("GPN"), a licensed gaming company that offers players casino -style games for real money through its B2C website and app, Horseplay, today announced the appointment of Justin Sebastiano as Executive Vice President and Chief Financial Officer. Sebastiano joins GPN with more than two decades of leadership experience in strategic finance, capital markets, treasury management, and investor relations for both public and private companies in the gaming and consumer industries.
WYOMISSING, Pa. & HENDERSON, Nev.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) is pleased to announce that the second hotel tower at M Resort Spa Casino Las Vegas (“M Resort”) has officially opened. The project was completed on budget and ahead of time. The new hotel tower nearly doubles the capacity of M Resort, located south of the Las Vegas Strip, bringing its total to 765 rooms and suites. The development also includes the 15,000 square foot Montese Ba.
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today that it has completed the rebrand of its online sports betting (OSB) platform to theScore Bet and has successfully launched its OSB product in Missouri. Existing customers were able to access the rebranded app this morning using their log in credentials after a seamless overnight transition. All account settings, open wagers, and responsible gaming tools remain the same. Now live.
