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WYOMISSING, Pa. & COUNCIL BLUFFS, Iowa--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today that it will host a groundbreaking ceremony for the future Hollywood Casino Hotel Council Bluffs (“Hollywood Council Bluffs”) on Monday, September 14, 2026, at 10 a.m. CT. The new land-based casino is expected to open in 2028 and will replace the Company's adjacent Ameristar Council Bluffs riverboat casino when completed, pending customary regulatory approva.
An Anthropic researcher has resigned over fears that unrestrained development of self-improving AI models will end up killing us all.
Vornado chairman Steve Roth declared a “victory lap” for both PENN 1 and sister property PENN 2 across from Madison Square Garden.
Bamco Inc. NY bought a new position in PENN Entertainment, Inc. (NASDAQ: PENN) in the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 2,744,568 shares of the company's stock, valued at approximately $58,624,000. Bamco Inc. NY owned approximately 2.05% of PENN
PENN's 48.6% six-month rally reflects stronger retail execution, new-property momentum and a sharp improvement in Interactive profitability.
PENN's new casino projects are boosting revenues, while further developments could extend growth through 2030.
WYOMISSING, Pa. & JEFFERSON PARISH, La.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today announced plans to invest approximately $195 million to relocate its Boomtown Casino & Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval. If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,00.
VNO's New York office occupancy hit 92.2% in the second quarter, up 550 basis points year-over-year, with guidance to exceed 93% by the end of fiscal year 2026. Leasing spreads remain positive, with a positive GAAP mark-to-market of 7.7% and revenue growing by 4.7% over its year-ago comp. VNO trades at 13.2x annualized FFO, below mid-cap REIT peers, suggesting possible further upside as pipeline conversion continues.