On June 7, 2024, Donerail Group LP announced that it urged the PENN Entertainment Inc to put itself up for sale, and in its letter Donerail Group noted that Company?s casino properties could fetch between $5.9 to 6.9 billion in a sale, based on conservative transaction multiple of between 6- and 7-times EBITDA, and it added that it believe that the company's equity price will continue to stall, and shareholder returns will stay muted.