"The status quo is no longer acceptable." Major gambling company hit with investor backlash over habits of top execs: 'Raises ...

HG Vora Capital Management, ... HG Vora Commences Lawsuit Against PENN Entertainment to Preserve the Fundamental Right of Shareholders to Elect All Three of Its Highly Qualified Independent Directors.

New directors for Penn Entertainment makes it more likely the company opts out of its deal with Disney for ESPN Bet, ...

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 than ...

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.

Accordingly, HG Vora filed a motion on May 14, 2025 for expedited relief and a rapid trial in federal court in Pennsylvania, which PENN is opposing. HG Vora did not seek a preliminary injunction ...

HG Vora Capital Management, ... HG Vora Commences Lawsuit Against PENN Entertainment to Preserve the Fundamental Right of Shareholders to Elect All Three of Its Highly Qualified Independent Directors.

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 ...

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 ...

NEW YORK, May 19, 2025--HG Vora Capital Management, LLC (together with its affiliates, "HG Vora") today issued the following statement regarding the acknowledgement buried in PENN Entertainment ...