PENN Entertainment Inc. has issued a letter to shareholders, dated May 15, 2025, reiterating the commitment to creating value for all shareholders and providing an update on company performance and strategic priorities. The letter highlights the ongoing transformation of the industry, with a focus on online experiences as core growth drivers. PENN Entertainment emphasizes efforts to resolve matters with HG Vora Capital Management, LLC, including regular meetings and discussions. The letter also notes board nominations and plans to refresh the board composition. The company remains focused on actions to drive growth, expand margins, improve cash flow, and enhance capital return. The full letter can be accessed through the link below.
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