Tag: ESPN

  • Penn Entertainment Raises Guidance for Interactive Division

    Penn Entertainment Raises Guidance for Interactive Division

    Penn Entertainment (NASDAQ: PENN) announced a revised outlook today, signaling a smaller-than-expected loss for its interactive division, which includes ESPN Bet, for the third quarter. In a Form 8-K filing with the Securities and Exchange Commission (SEC), Penn indicated that its digital gaming business is expected to report a loss between $90 million and $100…