{"schema_version":"secwatch.filing_event.v1","accession":"0000921738-22-000043","form_type":"8-K","ticker":"PENN","cik":"0000921738","company_name":"PENN Entertainment, Inc.","filed_at":"2022-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.055049+00:00","generated_at":"2026-06-23T04:37:22.684347+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PENN Entertainment signs term sheet with GLPI for $575M funding to develop four casino/hotel projects","bullets":["Plans land-based relocations in Aurora ($360M budget) and Joliet ($185M), plus hotels at Columbus ($100M) and M Resort ($206M).","GLPI to fund up to $575M: $225M for Aurora at 7.75% cap rate, up to $350M for other projects at market rates.","New master lease effective Jan 1, 2023, covering 7 properties with $232.17M base rent, cross-defaulted with existing master lease.","Aurora development includes city funding up to $50M via bond issuance, subject to council and regulatory approvals.","Construction on all projects expected to begin in late 2023, subject to municipal and gaming approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0000921738-22-000043","json":"https://secwatch.observer/filing/0000921738-22-000043.json","markdown":"https://secwatch.observer/filing/0000921738-22-000043.md","text":"https://secwatch.observer/filing/0000921738-22-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921738/000092173822000043/0000921738-22-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921738/000092173822000043/penn-20221009.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T04:37:22.684347+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}