Penn Entertainment
Penn migrates Barstool Sportsbook to proprietary platform
All Penn Entertainment’s brands are powered by proprietary technology after Barstool Sportsbook and Casino was migrated to its in-house platform. The migration took place simultaneously…
Penn expects Barstool acquisition to build on Q1 growth
Penn Entertainment said its acquisition of Barstool Sports in February will build on success in the first quarter and help it achieve further growth, with…
Penn launches military scholarship at Penn State Berks
US-based gaming operator Penn Entertainment announced it is creating a military scholarship at a commonwealth campus of Penn State University, Penn States Berks. The scholarship…
Penn Entertainment completes acquisition of Barstool Sports
Omni-channel gaming operator Penn Entertainment has completed its acquisition of media business Barstool Sports. The closing of the deal is the latest stage of an…
Higher costs offset revenue growth at Penn in FY22
Land-based and mobile gaming operator Penn Entertainment reported a year-on-year drop in net profit for its 2022 financial year after higher costs offset revenue growth…
Massachusetts approves Barstool betting license, but will also investigate brand
The Massachusetts Gaming Commission (MGC) has voted to approve Penn Sports Interactive and its Barstool brand for a sports betting license, but only under certain…
Penn Entertainment expands STEM scholarships to new HBCUs
Land-based and mobile gaming operator Penn Entertainment has expanded its Science, Technology, Engineering and Mathematics (STEM) scholarship program to three Historically Black Colleges and Universities…
Penn Interactive turns profit in October after successful Q3 results
Penn Entertainment has recorded an increase in revenue to $1.65bn (£1.46bn/€1.69bn) for its third quarter 2022 results, while the business revealed its online arm turned…
Kambi agrees terms for Penn Entertainment sportsbook migration
Sports betting solutions supplier Kambi Group and Penn Entertainment have reached an agreement over the migration of the operator’s online and retail sportsbooks from Kambi…
That’s Entertainment: Penn National Race Course at 50
Penn National Race Course celebrated its 50th year this year, a year in which its parent company rebranded from Penn National Gaming to Penn Entertainment.…
Penn exercises options to acquire remainder of Barstool
Penn Entertainment – the business formerly known as Penn National Gaming – has exercised its option to acquire all remaining shares of media brand Barstool…
Penn changes name, outlines plans for recession
Penn National Gaming has rebranded to Penn Entertainment and outlined actions it may take – including potential layoffs – in the event economic conditions hurt…