Penn Entertainment

2nd February 2023

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…

5th January 2023

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…

29th November 2022

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…

3rd November 2022

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…

6th October 2022

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…

31st August 2022

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.…

18th August 2022

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…

4th August 2022

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…