Jacobs Entertainment Purchases Bonanza Inn in Probate Auction for $3 Million

Jacobs Entertainment Acquires Bonanza Inn in Reno In a probate auction held in Washoe County on Friday, Jacobs Entertainment successfully acquired the Bonanza Inn for the final price of $3,005,000.00. The CEO of Jacobs Entertainment, Jeff Jacobs, expressed his excitement about the acquisition, stating that the company plans to transform the property into approximately fifty…

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2023 Q4 Earnings Call Transcript for PENN Entertainment, Inc. (NASDAQ:PENN)

PENN Entertainment, Inc. (NASDAQ:PENN) had a disappointing fourth quarter in 2023, reporting an EPS of $-2.37 compared to the expected $-0.57. Additionally, the company is not among the 30 most popular stocks among hedge funds. During the Q4 earnings call on February 15, 2024, CEO Jay Snowden highlighted the company’s retail and digital Business performance,…

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‘Maximizing Syndication Profits: The Conners’ Strategy for Generating Big Station Sales’

ABC’s “The Conners” has made a significant impact on the TV syndication market with its recent sale to TV station groups representing 85% of U.S. households. The show, independently produced by Werner Entertainment, will begin airing reruns of its first five seasons in late afternoon and early evening time slots across the country starting in…

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