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Penn stock

Penn Reportedly ESPN’s Third Choice, Analysts Not Enthusiastic on Partnership

On Tuesday, Penn Entertainment (NASDAQ: PENN) shook the sports wagering space, unveiling a 10-year, $1.5 billion partnership with Walt Disney’s (NYSE: DIS) ESPN to...

Todd Shriber August 10, 2023
The Sportsbet sign at Pakenham Racecourse in Australia

Australia’s Sportsbet Sees Profits Slip Amid Higher Taxes and Marketing Spend

Flutter Entertainment has presented a financial health report for Sportsbet, its Australian sports betting arm. It reported a slight drop in revenue for the...

Erik Gibbs August 10, 2023
MGM credit

MGM Bonds Steady Income-Generating Ideas

Corporate bonds issued by MGM Resorts International (NYSE: MGM) carry junk ratings, but the casino giant has the ability to service that debt. The...

Todd Shriber August 7, 2023