PENN Entertainment Benefits From Regional Gaming Momentum, Morgan Stanley Says

MT Newswires Live

Aug 12

PENN Entertainment's (PENN) Q2 results reflected mixed industry trends, though stronger regional gaming helped the operator beat expectations and appear to gain share, Morgan Stanley said Wednesday in a report.

Regional gaming accelerated in Q2 while Las Vegas and Macau remained choppy. Morgan Stanley said. PENN, Wynn Resorts (WYNN), Boyd Gaming (BYD) and Red Rock Resorts (RRR) all posted Q2 beats, the report said.

Morgan Stanley raised its regional gaming estimates and generally lowered its Las Vegas forecasts following the results. July trends stayed positive despite even as tax-refund tailwinds faded, the report said.

Gaming stocks sold off broadly despite earnings beats as investors questioned demand resilience and higher interest rates, Morgan Stanley said. Improved risk-adjusted returns and potential opportunities in prediction markets and online sports betting offer upside, the report said,

Morgan Stanley raised its price target on PENN stock to $20 from $19 and maintained its equal-weight rating.

Price: 19.15, Change: +0.02, Percent Change: +0.10

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Improved risk-adjusted returns and potential opportunities in prediction markets and online sports betting offer upside, the report said,</p><p>Morgan Stanley raised its price target on PENN stock to $20 from $19 and maintained its equal-weight rating.</p><p>Price: 19.15, Change: +0.02, Percent Change: +0.10</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PENN Entertainment Benefits From Regional Gaming Momentum, Morgan Stanley Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPENN Entertainment Benefits From Regional Gaming Momentum, Morgan Stanley Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-12 23:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> PENN Entertainment's (PENN) Q2 results reflected mixed industry trends, though stronger regional gaming helped the operator beat expectations and appear to gain share, Morgan Stanley said Wednesday in a report.</p><p>Regional gaming accelerated in Q2 while Las Vegas and Macau remained choppy. Morgan Stanley said. PENN, <a href=\"https://laohu8.com/S/01128\">Wynn</a> Resorts (WYNN), Boyd Gaming (BYD) and <a href=\"https://laohu8.com/S/RRR\">Red Rock Resorts</a> (RRR) all posted Q2 beats, the report said.</p><p>Morgan Stanley raised its regional gaming estimates and generally lowered its Las Vegas forecasts following the results. July trends stayed positive despite even as tax-refund tailwinds faded, the report said.</p><p>Gaming stocks sold off broadly despite earnings beats as investors questioned demand resilience and higher interest rates, Morgan Stanley said. Improved risk-adjusted returns and potential opportunities in prediction markets and online sports betting offer upside, the report said,</p><p>Morgan Stanley raised its price target on PENN stock to $20 from $19 and maintained its equal-weight rating.</p><p>Price: 19.15, Change: +0.02, Percent Change: +0.10</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4503","symbol_name":"景林资产持仓","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658906324","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658906324","pubTimestamp":1786547726,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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