Key Takeaways ¢ ¢ o Hedge fund HG Vora Capital Management is seeking board seats at Penn Entertainment Inc., according to a regulatory filing. HG Vora has an 18.5% interest in the casino group. The hedge fund expressed concerns about Penn Entertainment management’s capital allocation. Penn Entertainment Inc. (PENN) shares rose as much as 7% on Thursday after it was disclosed that a major investor is pursuing seats on the casino operator’s board. Hedge fund HG Vora Capital Management has an 18.5% stake in Pe ...