Could PENN Entertainment (PENN) be a good buy at the current levels

Shares of PENN Entertainment (PENN) are currently trading at $35.80 today 3.17% today. PENN Entertainment, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West, Midwest, and Other. PENN opened the day at $36.22 and […]

Penn National (NASDAQ:PENN) Spinoff Step Boost Casino Shares Up- PENN, MGM, LVS, CCL, ASCA

On Friday, U.S. casino operators’ shares surged as Penn National Gaming, Inc (NASDAQ:PENN) aims to split some real estate assets drew attention to a more tax-competent structure that could benefit gaming industry investors. Penn National’s shares jumped 38% following it declared plans on Thursday to skim off 17 casino properties into a novel firm that […]

Penn National Gaming Q3 Results Below Estimates, Improves Full-Year Revenue Guidance (PENN)

Casino operator Penn National Gaming (NASDAQ: PENN) reported a decline in the fiscal 2012 third-quarter net income compared to the corresponding period last year. The company also missed the third-quarter revenue and earnings estimates of analysts. While providing guidance for the fourth-quarter 2012, the company improved its revenue guidance and decreased the EPS guidance for […]