Casino operator Penn National Gaming (PNG) announced last week the company’s Executive Vice President, General Counsel and Secretary Carl Sottosanti would retire from his position effective December 31, 2020. To replace him, PNG is appointing Harper Ko, who will serve as Executive Vice President, Chief Legal Officer and Secretary, pending regulatory approvals. The New Addition […]
Penn National Gaming issued a stakeholder letter to investors on Monday, updating them about the measures undertaken by the company to mitigate the significant risks generated by the ongoing situation with the spreading coronavirus. The Pennsylvania-based gaming operator Penn National was ranked among the casino operators that would not last long in case casino closure […]
As casino companies get hit one after another, Penn National Gaming is the latest sector player to announce drastic measures and proceed with the furloughing of 26,000 employees. Penn National Takes Tough Decisions Amid COVID-19 Crisis With the coronavirus pandemic taking on more threatening dimensions, the world is preparing to brace the economic impact the […]
After four years of rapid expansion and an estimated monthly traffic of 10 million visitors, Barstool Sports turned the next chapter of its development story by signing a $163 million deal with Penn National Gaming. Barstool Sports Seals $163m Deal with Penn National Casino operator Penn National Gaming (PNG) has acquired a 36% stake in […]
