--- title: "Is PENN’s Alberta theScore Bet Rollout Altering The Investment Case For PENN Entertainment (PENN)?" type: "News" locale: "en" url: "https://longbridge.com/en/news/293093440.md" description: "PENN Entertainment expanded its Canadian online gaming footprint by launching theScore Bet Sportsbook & Casino, along with standalone casino apps, in Alberta. This rollout extends the integrated media-betting model proven in Ontario to a broader audience. The expansion supports PENN's digital growth narrative but does not eliminate near-term risks associated with its loss-making Interactive segment. Recent Q1 2026 results showed US$1.78 billion revenue and a small net loss, highlighting the tension between digital investment and profitability goals." datetime: "2026-07-18T09:03:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293093440.md) - [en](https://longbridge.com/en/news/293093440.md) - [zh-HK](https://longbridge.com/zh-HK/news/293093440.md) --- # Is PENN’s Alberta theScore Bet Rollout Altering The Investment Case For PENN Entertainment (PENN)? - PENN Entertainment recently expanded its Canadian online gaming footprint by launching theScore Bet Sportsbook & Casino, plus standalone Hollywood Casino and theScore Casino apps, for players across Alberta on iOS, Android and web. - This Alberta rollout extends the integrated media-betting model proven in Ontario, bringing scores, news, data and wagering into a single connected ecosystem for a broader Canadian audience. - We’ll now examine how PENN’s Alberta expansion, anchored by the integrated theScore Bet experience, may influence its existing investment narrative. AI is about to change healthcare. These 39 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. ## PENN Entertainment Investment Narrative Recap To own PENN Entertainment, you need to believe its mix of retail casinos and digital betting can eventually turn current losses into sustainable profitability, helped by product integration and cost discipline. The Alberta launch of theScore Bet and casino apps supports the digital growth catalyst in a new market, but it does not remove the near term risk that PENN’s Interactive segment remains loss making and dependent on achieving ambitious user and revenue milestones. The most relevant recent announcement alongside Alberta is PENN’s first quarter 2026 earnings release, which showed revenue of US$1,779.1 million and a small net loss of US$2.3 million. Against this financial backdrop, expansion into Alberta highlights how PENN is still investing in its digital ecosystem while working to improve profitability, a tension that sits at the heart of both its upside catalyst and its key execution risk. However, while the Alberta launch may appeal to growth oriented shareholders, investors should also be aware that... Read the full narrative on PENN Entertainment (it's free!) PENN Entertainment's narrative projects $8.1 billion revenue and $422.1 million earnings by 2029. This requires 4.8% yearly revenue growth and about a $1.38 billion earnings increase from -$957.2 million today. Uncover how PENN Entertainment's forecasts yield a $22.32 fair value, a 8% upside to its current price. ## Exploring Other Perspectives PENN 1-Year Stock Price Chart Compared with consensus, the most optimistic analysts see a far bigger digital payoff, projecting around US$8.7 billion in revenue and US$639.2 million in earnings by 2029, so PENN’s Alberta push could either support that bullish view or highlight how uncertain these projections really are. Explore 6 other fair value estimates on PENN Entertainment - why the stock might be worth over 3x more than the current price! ## Decide For Yourself Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. - A great starting point for your PENN Entertainment research is our analysis highlighting 3 key rewards that could impact your investment decision. - Our free PENN Entertainment research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate PENN Entertainment's overall financial health at a glance. ## Want Some Alternatives? Don't miss your shot at the next 10-bagger. Our latest stock picks just dropped: - Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 29 best rare earth metal stocks of the very few that mine this essential strategic resource. - Capitalize on the AI infrastructure supercycle with our selection of the 53 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. - Find 47 companies with promising cash flow potential yet trading below their fair value. _This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._ ### **New:** Manage All Your Stock Portfolios in One Place We've created the **ultimate portfolio companion** for stock investors, **and it's free.** • Connect an unlimited number of Portfolios and see your total in one currency • Be alerted to new Warning Signs or Risks via email or mobile • Track the Fair Value of your stocks Try a Demo Portfolio for Free ### Related Stocks - [PENN.US](https://longbridge.com/en/quote/PENN.US.md) ## Related News & Research - [Hsbc Holdings PLC Buys 60,982 Shares of PENN Entertainment, Inc. $PENN](https://longbridge.com/en/news/294175483.md) - [PENN Entertainment Inc. 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