    <SEC-DOCUMENT>0001214659-25-008332-index.html : 20250523
    <SEC-HEADER>0001214659-25-008332.hdr.sgml : 20250523
    <ACCEPTANCE-DATETIME>20250523172747
    ACCESSION NUMBER:		0001214659-25-008332
    CONFORMED SUBMISSION TYPE:	DFAN14A
    PUBLIC DOCUMENT COUNT:		19
    FILED AS OF DATE:		20250523
    DATE AS OF CHANGE:		20250523

    SUBJECT COMPANY:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			PENN Entertainment, Inc.
    		CENTRAL INDEX KEY:			0000921738
    		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
    		ORGANIZATION NAME:           	05 Real Estate & Construction
    		EIN:				232234473
    		STATE OF INCORPORATION:			PA
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		DFAN14A
    		SEC ACT:		1934 Act
    		SEC FILE NUMBER:	000-24206
    		FILM NUMBER:		25983547

    	BUSINESS ADDRESS:
    		STREET 1:		825 BERKSHIRE BLVD STE 200
    		STREET 2:		WYOMISSING PROFESSIONAL CENTER
    		CITY:			WYOMISSING
    		STATE:			PA
    		ZIP:			19610
    		BUSINESS PHONE:		6103732400

    	MAIL ADDRESS:
    		STREET 1:		825 BERKSHIRE BLVD
    		STREET 2:		SUITE 200
    		CITY:			WYOMISSING
    		STATE:			PA
    		ZIP:			19610

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	PENN NATIONAL GAMING INC
    		DATE OF NAME CHANGE:	19940415

    FILED BY:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			HG Vora Capital Management, LLC
    		CENTRAL INDEX KEY:			0001525362
    		ORGANIZATION NAME:
    		EIN:				264369896
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		DFAN14A

    	BUSINESS ADDRESS:
    		STREET 1:		330 MADISON AVENUE
    		STREET 2:		21ST FLOOR
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10017
    		BUSINESS PHONE:		(212) 707-4300

    	MAIL ADDRESS:
    		STREET 1:		330 MADISON AVENUE
    		STREET 2:		21ST FLOOR
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10017
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>DFAN14A
    <SEQUENCE>1
    <FILENAME>i523252dfan14a.htm
    <TEXT>
    Document 1 - file: i523252dfan14a.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>2
    <FILENAME>exatranscript_001.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 2 - file: exatranscript_001.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>3
    <FILENAME>exatranscript_002.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 3 - file: exatranscript_002.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>exatranscript_003.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 4 - file: exatranscript_003.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>exatranscript_004.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 5 - file: exatranscript_004.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>exatranscript_005.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 6 - file: exatranscript_005.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>exatranscript_006.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 7 - file: exatranscript_006.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>exatranscript_007.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 8 - file: exatranscript_007.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>exatranscript_008.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 9 - file: exatranscript_008.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>exatranscript_009.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 10 - file: exatranscript_009.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>exatranscript_010.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 11 - file: exatranscript_010.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>exatranscript_011.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 12 - file: exatranscript_011.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>13
    <FILENAME>exatranscript_012.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 13 - file: exatranscript_012.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>14
    <FILENAME>exatranscript_013.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 14 - file: exatranscript_013.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>15
    <FILENAME>exatranscript_014.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 15 - file: exatranscript_014.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>16
    <FILENAME>exatranscript_015.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 16 - file: exatranscript_015.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>17
    <FILENAME>exatranscript_016.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 17 - file: exatranscript_016.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>18
    <FILENAME>exatranscript_017.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 18 - file: exatranscript_017.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>19
    <FILENAME>exatranscript_018.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 19 - file: exatranscript_018.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>