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06.11.25 - 19:31
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The AI Layoff Wave Is Here | Open Interest 11/06/2025 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." AI and cost cutting measures are allowing firms to eliminate more and more jobs -- with October layoffs hitting the highest level in 22 years. Caution over lofty tech valuations lingers as Qualcomm delivers a bullish forecast that fails to impress investors. Disney signs DraftKings as ESPN's new sports-betting partner, replacing a venture it had with Penn Entertainment. And the CEO of SharkNinja and the CFO of e.l.f Beauty join the Bloomberg Open Interest C-Suite with insights into how tariffs are impacting consumer wallets. (Source: Bloomberg)...
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06.11.25 - 13:06
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PENN Entertainment, Inc. Reports Third Quarter Results and Announces Realignment of Digital Focus Following Termination of ESPN Alliance (Business Wire)
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WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three and nine months ended September 30, 2025, and announced a realignment of its digital focus following the mutual decision for an early termination (the “Termination Agreement”) of its U.S. online sports betting (“OSB”) agreement with ESPN, Inc. (“ESPN”).
Pursuant to the agreed termination, the Company's OSB marketing exclusivity with ESPN will end on December 1, 2025. Other key terms of the Termination Agreement are as follows:
Cash payments to ESPN terminate at the end of the fourth quarter in 2025;
ESPN will retain vested warrants to purchase 7,957,210 shares with a weighted strike price of $28.951;
All unvested warrants and performance warrants will be forfeited by ESPN; and
PENN to rebrand OSB offering in the U.S. to theScore Bet, with a target date of December 1, 2025, subject to regulatory approvals.
As stated in the joint release issu...
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30.09.25 - 16:06
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PENN Entertainment to Report Third Quarter Results and Host Conference Call and Webcast on November 6 (Business Wire)
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WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2025 third quarter financial results at 7:00 a.m. ET on Thursday, November 6, 2025, followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public.
The conference call number is 203-518-9765 (conference ID: PENN); please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call at www.pennentertainment.com; allow 15 minutes to register, download, and install any necessary software. Questions and answers will be reserved for call-in analysts and investors. A replay of the call can be accessed for thirty days at www.pennentertainment.com.
About PENN Entertainment
PENN Entertainment, Inc., together with its subsidiaries (“PENN,” or the “Company”), is North America's leading provider of integrated entertainment, sports content, and casino gamin...
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22.09.25 - 16:33
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Rivers Casino Portsmouth Names Antonio Perez Jr. as General Manager (Business Wire)
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Casino and Hospitality Industry Veteran Brings 20+ Years of ExperiencePORTSMOUTH, Va. & CHICAGO--(BUSINESS WIRE)--Rush Street Gaming announced today that Antonio Perez Jr. has been named General Manager of Rivers Casino Portsmouth. Perez brings more than two decades of casino gaming and operations experience spanning six properties and five states, including commercial and tribal gaming.
Before joining Rush Street, Perez served as General Manager of Rolling Hills Casino Resort in California, where he led operations for an integrated casino resort, which featured multiple restaurants, hotels, entertainment venues, and gaming facilities.
Earlier in his career, he built his experience with Penn National Gaming (now Penn Entertainment) at properties in West Virginia, Maine, Missouri, and Mississippi, rising from front-line roles to executive leadership. Perez began his casino career as a table games dealer and slot attendant in West Virginia.
“We're excited to welcome Antonio to our growing family of desti...
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