Penn Entertainment (PENN) shareholders approved an advisory proposal to declassify the company's board of directors at its annual meeting held on Tuesday, the Unite Here union said.

The vote marks the second time Penn shareholders have supported board declassification, the union said.

"Penn shareholders have spoken clearly: they want annual elections for all directors," said Michael Hachey, director of gaming industry research at Unite Here. "The board should now take the necessary steps toward implementing declassification."

Penn Entertainment did not immediately to a request from MT Newswires seeking comment.

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