PENN Entertainment: ESPN Bet Weakness Strains Land-Based Earnings

Company Overview - PENN Entertainment, Inc. operates 43 regional land-based casinos across the United States, covering the Northeast, South, West, and Midwest regions [1] - The company is actively pursuing opportunities in the online gambling market with the launch of ESPN Bet [1] Investment Strategy - The investment philosophy focuses on identifying mispriced securities by analyzing the drivers behind a company's financials, often revealed through a DCF model valuation [1] - This approach allows for a flexible investment strategy that encompasses traditional value, dividend, and growth investing, assessing all prospects of a stock to determine risk-to-reward [1]