News

"The status quo is no longer acceptable." Major gambling company hit with investor backlash over habits of top execs: 'Raises ...
HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today released a comprehensive presentation highlighting the urgent need for change ...
HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today filed a complaint in the United States District Court for the Eastern Distric ...
HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) filed its definitive proxy statement with the Securities and Exchange Commission (t ...
HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today issued the following statement regarding the acknowledgement buried in PENN Entertainment, Inc.’s (NASDAQ ...
Activist investor HG Vora Capital Management issued a letter to shareholders of PENN Entertainment (NASDAQ:PENN) that was sharply critical of the company's leadership and strategy. As one of Penn ...
HG Vora had formally notified Penn back in January 2025 that it intended to nominate three directors, following more than a year of work to ensure it complied with gaming regulations in more ...
HG Vora, which owns about 4.8% of PENN's outstanding stock, launched its effort on May 13, accusing PENN's management of presiding over chronic underperformance and engaging in what the investor ...
Proxy battle continues at Penn after shareholders' meeting; dozens of state AGs form coalition in legal fight vs. Kalshi; more ...
Hedge fund HG Vora said on Monday it plans to push ahead with a proxy fight at Penn Entertainment to try and elect all three of its director candidates, after the casino operator said it would ...
HG Vora’s representative reiterated HG Vora’s belief that all three of its candidates would be successfully elected to the Board by PENN’s shareholders if the proxy contest went to a final vote.