By Julie Moraine

Business

Penn Interactive Acquires Mobile Betting Access in New York

February 22, 2021

Casino and gaming company Penn National Gaming entered into a long-term agreement with the operator of Rivers Casino & Resort in New York to ensure access for its wholly-owned subsidiary Penn Interactive to the mobile sports betting and iGaming market in the state. Casino’s Second Mobile Wagering Partner Skin Subject to legislation and regulatory approvals, […]

By Julie Moraine

Casino

Penn Acquires Operations at Hollywood Casino Perryville

December 15, 2020

Penn National Gaming announced today the company would be re-entering the market in Maryland as it entered into a definitive agreement with the real estate investment trust (REIT) Gaming and Leisure Properties (GLPI) to acquire the operations of Hollywood Casino Perryville. “Penn National is excited to acquire the operations of Hollywood Casino Perryville, a property […]

By Mathilde Adam

Casino

PNG Opens First Of Many Barstool Sportsbooks

November 6, 2020

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 […]

By Julie Moraine

Trading

Maryland, South Dakota and Louisiana Approve Ballot Measures

November 4, 2020

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 […]

By Melanie Porter

Casino

Penn National’s Las Vegas Casinos Anticipate Hundreds of Layoffs

October 27, 2020

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 […]

By Stoyan Todorov

Business

Penn National Restores Executives’ Salaries as Operations Recover

October 5, 2020

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 […]

By Julie Moraine

Casino

GTG Partners with Caesars Entertainment and Penn National

September 19, 2020

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 […]

By Julie Moraine

Business

Penn National Soft Launches Sportsbook App in PA

September 9, 2020

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 […]

By Mike Johnson

Business

Kindred Signs with Penn National, Enters Illinois and Ohio

September 8, 2020

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 […]

By Mike Johnson

Business

Mass Layoffs in Nevada Continue, Some Properties Face Permanent Closure

August 24, 2020

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 […]