{"id":321367,"date":"2024-05-31T15:53:28","date_gmt":"2024-05-31T20:53:28","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=321367"},"modified":"2024-05-31T15:53:28","modified_gmt":"2024-05-31T20:53:28","slug":"penn-investor-pushes-for-sale-says-snowden-is-overpaid","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/penn-investor-pushes-for-sale-says-snowden-is-overpaid\/","title":{"rendered":"Penn Entertainment Failing in Sports Betting, Should Consider Sale, Says Investor"},"content":{"rendered":"
In a letter to Penn Entertainment\u2019s (NASDAQ: PENN) board of directors, the Donerail Group, which has long been an investor in the regional casino operator, said the gaming company is failing in online sports betting, is overcompensating CEO Jay Snowden, and should consider a sale to create shareholder value.<\/p>\n