Casino
November 6, 2020
PNG Opens First Of Many Barstool Sportsbooks
On November 5, PNG announced the opening of its first Barstool Sportsbook at Ameristar Black Hawk in Colorado. State-Of-The-Art Sports Betting Facility Penn National Gaming (PNG) opened its first Barstool Sports facility on November 5 at Ameristar Casino Resort Spa Black Hawk, Colorado. The first Barstool Sports facility in the US is housed on the […]
Business
November 4, 2020
Maryland, South Dakota and Louisiana Approve Ballot Measures
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]
Casino
October 27, 2020
Penn National’s Las Vegas Casinos Anticipate Hundreds of Layoffs
M Resort Spa Casino and The Tropicana on the Las Vegas Strip have announced they will permanently lay off hundreds of employees in December, the Las Vegas Review-Journal reported. The two casinos operated by Penn National Gaming blamed the cuts on the Covid-19 pandemic’s impact on their businesses. The Strip Casinos Blame Layoffs on the […]
Business
October 5, 2020
Penn National Restores Executives’ Salaries as Operations Recover
Executives at Penn National Gaming will now receive full salaries after taking a cut in April. The move comes amid a skyrocketing Penn stock price and a positive outlook for the company. Penn Restores Executive Salaries, Copes with Crisis Penn National Gaming has reinstated the salaries of its executive team after the company’s CEO, CFO […]
Casino
September 19, 2020
GTG Partners with Caesars Entertainment and Penn National
Melbourne-based creator of large-scale consumer engagement products GTG Network announced two new partnership deals, with casino operators Caesars Entertainment and Penn National Gaming. Under the new partnerships, Caesars will launch its free to play Pro Football Pick’em online game, while Penn National will utilize GTG’s iSport Genius data driven content and insights for sports bettors […]
Business
September 9, 2020
Penn National Soft Launches Sportsbook App in PA
The soft launch of the new Barstool Sportsbook app by Penn National in Pennsylvania was announced yesterday. The test will be for the period September 15-17. Upon successful regulatory approvals, the operator plans to officially launch the app on September 18. Penn National Launches Test for Its New Barstool Sportsbook App in Pennsylvania Tuesday, September […]
Business
September 8, 2020
Kindred Signs with Penn National, Enters Illinois and Ohio
Kindred announced today its expansion across regulated US markets will continue as the sports wagering company entered into an agreement with Penn National Gaming to ensure market access to Illinois and Ohio. The new agreement will provide access for Kindred’s brand, Unibet, to pursue licensing in Illinois, through Argosy Casino Alton, and in Ohio, through […]
Business
August 24, 2020
Mass Layoffs in Nevada Continue, Some Properties Face Permanent Closure
Casinos and other hospitality businesses in Las Vegas continue to lay off people due to the adverse effect from the coronavirus spread, with the latest being Casino Royale. According to a notice which became public Friday, effective August 10 the casino operator is permanently laying off 98 employees. Immediate Layoff Announcement The notice that was […]
Business
June 21, 2020
Penn National Reopened 70% of Its Casinos, Tropicana Las Vegas Remains Closed
More than 70% of the properties by Penn National have already reopened. Penn’s CEO says that the achievement is an “important milestone”. Some 70% of All Penn National Gaming Properties Now Welcome Visitors The US largest regional casino operator, Penn National Gaming, has announced that more than 70% of its venues are now reopened. The […]
Casino
May 15, 2020
Massachusetts Regulator Extends Closure, State Casinos to Re-Open Last
The Massachusetts Gaming Commission unanimously voted Wednesday to extend casino closures to the three state casinos, pushing a potential re-opening date to June 1, mainly following the guidance from St. Gov. Charlie Baker, but casino operators in Massachusetts may not be in a hurry to re-open for business. Gloomy Picture Ahead Representatives of the three […]