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Saturday, July 5, 2025

PENN Entertainment

Potawatomi Sportsbook patrons watch the University of Wisconsin men play UCLA on Friday, March 14, 2025. The venue is open for the first time during March Madness and is expecting to be busy over the next few weeks in Milwaukee. Angela Peterson/Milwaukee Journal Sentinel

Activist Claims ‘Assault on Shareholder Rights’ by Penn

HG Vora sued Penn in Pennsylvania federal court earlier this month.
May 20, 2025
May 13, 2025; Cleveland, Ohio, USA; Indiana Pacers guard Bennedict Mathurin (00) drives to the basket between Cleveland Cavaliers guard Ty Jerome (2) and center Jarrett Allen (31) during the second half of game five of the second round for the 2025 NBA Playoffs at Rocket Arena.

Penn Continues to Fight Activist Investor While Admitting Struggles

The activist battle is heating up ahead of Penn’s shareholder meeting next month.
May 15, 2025
Sports are shown on TVs behind a bar as guests enjoy the grand opening of DraftKings Sports & Social in Ohio.

DraftKings, FanDuel Interested in Sports Prediction Markets

Sports betting giants are eyeing sports “prediction” markets.
May 9, 2025
Fanduel

FanDuel Retains Sports Betting Crown With $14B in 2024 Revenue

The FanDuel parent company posts big increases in revenue and net income.
March 4, 2025