Why Is PENN Entertainment, Inc. (PENN) Among the Best Gambling Stocks to Buy According to Hedge Funds? [Yahoo! Finance]
PENN Entertainment, Inc. (PENN)
Last penn entertainment, inc. earnings: 2/6 07:00 am
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US:NASDAQ Investor Relations:
pennnationalgaming.gcs-web.com/investor-overview
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Source: Yahoo! Finance
According to a report by The Business Research Company, the global gambling market reached a value of approximately $540.3 billion in 2023 and is projected to reach $744.8 billion in 2028, with a CAGR of 6.6%. This growth is expected to be supported by rising disposable incomes, political stability, and increased foreign investments in emerging markets. Lotteries represented the largest segment in gambling, accounting for 53.9% of the total market. This segment is projected to grow at the fastest CAGR of 8.2% between 2023 and 2028 and is expected to generate $141.4 billion in global annual sales by 2028. The online gambling market is rapidly gaining popularity. According to Research and Markets, the online gambling market is expected to grow to $153.21 billion by 2029, expanding at a CAGR of 10.44%. The widespread use of mobile phones, the internet, and convenient online payment gateways have made online gambling more accessible. The sports category is on the rise and is fueled b
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PENN
News
- PENN Debuts Stand-Alone Hollywood Casino App in Pennsylvania [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Roundup: PENN Entertainment (NASDAQ:PENN) And The Rest Of The Casino Operator Segment [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment Launches New Hollywood Casino App in PennsylvaniaBusiness Wire
- PENN Entertainment, Inc. (NASDAQ: PENN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- 1 person dead, 6 displaced after residential fire in Baltimore [CBS News]CBS News
PENN
Earnings
- 11/7/24 - Beat
PENN
Sec Filings
- 12/4/24 - Form 8-K
- 11/12/24 - Form 8-K
- 11/12/24 - Form SC
- PENN's page on the SEC website