Penn National Gaming Stock News

It's been an exciting NCAA men's basketball tournament so far. Baylor, the reigning champ, is already out. Perennial powerhouses Gonzaga and Duke still look solid. And we have this year's Cinderella:

Macquarie Group Senior Analyst Chad Beynon joins Yahoo Finance Live to discuss the outlook for sports betting companies amid March Madness betting on the NCAA men's basketball tournament.

Louis Maione, co-founder and president of SportsGrid, joins CNBC's 'Squawk Box' to discuss sports betting trends, March Madness and more.

In the latest trading session, Penn National Gaming (PENN) closed at $44.91, marking a +0.31% move from the previous day.

Investors don't need to be told that stocks have been volatile. There's a market of extremes as Russia's war in Ukraine continues and investors wait to see what the Federal Open Market Committee does

March Madness and sports betting go hand in hand. Here are seven sports betting stocks to consider before turning in your final bracket.

Avoid High Yielding REITs: Don't Get Too Cute

Penn National Gaming Inc. ( PENN , Financial) is an operator of gaming, racing properties and video gaming terminal operations in the U.S. It operates retail sports betting across the company's portfo

PENN stock is far from its highs but that's the selling point. The bulls have stronger footing now and the thesis makes more sense.

After observing the highs of $130 last year, the shares of Penn National Gaming are again climbing the ladder despite geopolitical tensions and broader market contraction. In 2021, the company's reven

Penn National Gaming Inc. disclosed that its 2021 workforce grew by about 20% from 2020, but remained about 22% below its workforce in pre-pandemic 2019. In the gaming and e-sports companies 10-K filed with the Securities and Exchange Commission late Monday, the company said it had 21,973 full- and part-time employees as of Dec. 31, 2021, compared with 18,321 employees at the end of 2020. The company had 4,341 active employees represented by unions last year, up 56% from the year before. At the end of 2019, the company had 28,300 employees, with 5,900 represented unions. Also in the 2021 10-K, Penn National said it was subject to various legal and administrative legal proceedings, but believes it has "adequate" insurance coverage to mitigate the risk of losses, and therefore believes the resolution of the legal matters won''t have a material adverse effect on financial results. The stock, which fell 1.5% in morning trading, had tumbled 40.0% in 2021 after rocketing 237.9% in 2020. In comparison, the S&P 500 rose 26.9% last year and gained 16.3% in 2020.

Penn National Gaming Inc. PENN, -1.89% disclosed that its 2021 workforce grew by about 20% from 2020, but remained about 22% below its workforce in pre-pandemic 2019. In the gaming and e-sports compan

NEW YORK , Feb. 28, 2022 /PRNewswire/ -- Almost everything in the online gaming market produces eye-popping numbers. Even pre-COVID, online gambling was accelerating at a brisk pace as ever more people discovered mobile apps and demand surged with the younger tech-savvy demographic. Enter the coronavirus pandemic in 2020 and millions more people suddenly became familiar with remote gaming. Operators were caught off guard by the tsunami of demand and continue to scramble to capture market share in the booming digital sector. As the technology continues to gain ground and more effectively recreate the casino experience, companies with innovative technologies and insight, such as P laygon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF ) ( Profile ), are providing operators with a variety of new turnkey packages to capitalize on strong consumer demand. Other players in the space, including Bragg Gaming Group Inc. (NASDAQ: BRAG ), DraftKings Inc. (NASDAQ: DKNG), Penn National Gaming Inc. (NASDAQ: PENN) and Wynn Resorts Limited (NASDAQ: WYNN), are also focused on making the most of a variety of opportunities in the burgeoning online gambling market.