Sports
December 4, 2025
BetMakers Extends Global Racing Deal with Penn Entertainment
BetMakers Technology Group has secured a new three-year deal with Penn Entertainment to handle the international distribution of its racing content, starting January 1, 2026. The agreement includes an option to extend for an additional year and builds on a partnership that began in 2022. Exclusive Global Distributor Position, Reaffirmed According to the terms of […]
Business
December 1, 2025
Kambi Extends Sportsbook Deal with PENN Entertainment
Kambi Group, a leading provider of sports betting services to licensed gaming operators, announced that it has extended its partnership with the American casino and hospitality giant PENN Entertainment. Under the refreshed agreement, the former company will continue to supply its partner with sports betting technology through July 31, 2027. Kambi to Continue Supplying PENN’s […]
Sports
November 28, 2025
Independent Review Backs PENN’s Board in Dispute Over Director Cutback
PENN Entertainment‘s ongoing fight with activist investor HG Vora took a new turn this week after an independent review supported the casino operator’s approach to its board restructuring. Report Finds PENN Acted Properly in Reducing Board Seats Amid HG Vora Clash A report given to the US District Court for the Eastern District of Pennsylvania […]
Casino
November 7, 2025
No Disruptions: Penn Plans Smooth Shift from ESPN Bet to theScore
Penn Entertainment is preparing for a better streamlined transition on December 1, when the company will rebrand ESPN Bet to theScore Bet. According to the plan, users won’t have to download a new app, re-register, or go through any of the disruptions that hurt its last rebrand from Barstool. “Apples and Oranges” Speaking on Penn’s […]
Industry
November 6, 2025
ESPN Bet to Shut Down as Penn Ends $1.5B Partnership Deal
Penn Entertainment has announced its decision to withdraw from the 10-year, $1.5 billion collaboration with ESPN, effectively ending the ESPN Bet project, the joint sportsbook the two companies launched just over two years ago. The decision, announced on Thursday during Penn’s quarterly earnings call, concludes one of the most ambitious but ultimately unsuccessful experiments in […]
Casino
September 4, 2025
Penn Entertainment to Open New Tower at M Resort in December
Penn Entertainment announced that a new second tower at M Resort in Henderson, Nevada, will open on December 1 following a $206 million expansion. The 384-room addition will nearly double the resort’s total capacity to 765 rooms, and guests can also look forward to a new restaurant from a celebrity chef. Penn Entertainment Announces Date […]
Sports
August 21, 2025
Penn Entertainment Secures Major Deal with Chicago Bears
Penn Entertainment, a leading casino and hospitality company in the US, has unveiled a new multi-year partnership with the Chicago Bears, a professional football team. The agreement comes just in time for the new NFL season. A Multi-Faceted Agreement According to the announcement, Penn’s ESPN BET Sportsbook will become an official sports betting partner of […]
Business
August 7, 2025
Penn Entertainment Posts Strong Q2 Results as Interactive Segment Marks New Record
American gaming giant Penn Entertainment has published its financial report for the second quarter of the year, reporting an increase in revenue and EBITDA, as well as a significant narrowing of the company’s net loss. Penn’s Interactive Segment Reported Record-Breaking Figures In the second quarter of 2025, Penn Entertainment’s revenue reached almost $1.8 billion, marking […]
Sports
July 24, 2025
Penn Gets “Hold” Rating as Casinos Lag, ESPN Bet App in “Best Position”
Jefferies analyst David Katz, who recently called DraftKings’ binary events contracts policy “measured” and maintained a Buy recommendation for Light & Wonder’s stock in December 2024, is now maintaining a cautious Hold rating on Penn Entertainment’s stock. Slow Growth for Regional Casinos Katz has decided to stick to his original $20 price target despite shares […]
Legal
July 8, 2025
HG Vora Fast-Track Lawsuit Against Penn Denied by Judge
US District Judge Mary Wells of the Eastern District of Pennsylvania has rejected HG Vora Capital Management’s request to expedite its lawsuit against Penn Entertainment. Judge Denies HG Vora’s Request In the lawsuit, HG Vora Capital, which holds a significant stake in Penn Entertainment, claims the company restructured its board to prevent shareholder nominees from […]
