<p>Penn Entertainment Inc. has amended its bylaws following a new condition added by the Colorado Limited Gaming Control Commission to the gaming license of its subsidiary, Ameristar Casino Black Hawk, LLC. The amendments restrict investors from acquiring or exercising control or influence over Penn or Ameristar without prior approval from the Commission, particularly regarding actions that could affect management, operations, or strategic direction. The updated bylaws address these requirements in relation to director nominations and shareholder proposals. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Penn Entertainment Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-119994), on December 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here</p>

PENN

<p>Penn Entertainment Inc. has amended its bylaws due to a new condition by the Colorado Limited Gaming Control Commission on its subsidiary's gaming license. The amendments restrict investors from influencing Penn or Ameristar without prior Commission approval, especially in management and strategic areas. The updated bylaws address director nominations and shareholder proposals.</p>

Penn Entertainment Updates Bylaws Following Colorado Gaming License Condition