Reported 1 day ago
Penn Entertainment Inc. (NASDAQ:PENN) shares rose by 6.6% to $16.15 after the company announced a $200 million investment to convert its Ameristar Casino Hotel in Iowa into a new land-based facility, which will be renamed Hollywood Casino Council Bluffs. This project, approved by the Iowa Racing and Gaming Commission, is expected to enhance the property's competitiveness and efficiency in the Omaha market.
Source: YAHOO