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Jay Snowden

President, Chief Executive Officer & Director, PENN ENTERTAINMENT INC

Search every verified Jay Snowden interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Jay Snowden, President and CEO of PENN Entertainment, addressed analysts during the company's Q2 2026 earnings call, discussing the regional gaming environment and the company's capital allocation strategy. He stated that the regional gaming environment is "as healthy as I've seen it in a really long time," noting that no markets appear irrational from a marketing reinvestment standpoint. Regarding mergers and acquisitions, Snowden said the company is in a position with "several compelling options" for capital allocation, with a primary focus on deleveraging to reduce its lease-adjusted net leverage below five times. Snowden also commented on the company's approach to the upcoming football season, indicating that PENN does not intend to change its strategy despite what he described as "aggressive" marketing and customer acquisition spending by some competitors in the online sports betting and digital space. He emphasized that the company's focus remains on executing its 2026 strategic priorities and improving its balance sheet.

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