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Penn Stock Tumbles in First Full Quarter With ESPN Bet Data

Penn Stock Tumbles in First Full Quarter With ESPN Bet Data

Penn Entertainment stock fell as much as 15% on Thursday morning after the company reported its first full quarterly earnings with numbers from ESPN Bet. For the first quarter ending in March, the gaming company reported revenue of $1.61 billion, roughly in line with consensus estimates of $1.63 billion. That said, revenue from its online...