Penn National Gaming

29th October 2020

State of the Union: NV, Penn, NBA and more

This week’s State of the Union, in partnership with Segev LLP, includes financial results from a variety of the US’s major regional casino players –…

29th October 2020

Penn National Gaming bounces back with record earnings in Q3

Penn National Gaming saw revenue decline 16.6% in Q3, though earnings reached record highs as the business emphatically bounced back from the novel coronavirus (Covid-19)…

22nd October 2020

Mainstream media’s big bet

Recent months have seen a wave of media outlets pairing up with betting operators, as the US becomes more familiar and comfortable with legal wagering,…

9th October 2020

Iowa sportsbooks set handle record, bring in $5.2m in Sept

Iowa sports betting revenue grew to $5.2m in September as the state broke its record for amounts wagered in a month. The month marked the…

7th October 2020

Rush Street maintains lead as Illinois betting revenue doubles

Casinos in Illinois took in $7.2m in revenue in August, up 99.6% from July, as players staked $140.1m, up 166.7%, with Rush Street Entertainment continuing…

1st October 2020

State of the Union: William Hill, 5Dimes, Nevada and more

This week’s State of the Union, in partnership with Segev LLP, covers Caesars Entertainment’s agreement to purchase British betting operator William Hill, Costa Rica-based sportsbook…

30th September 2020

Penn National Gaming public offering hits $982.1m target

Casino operator Penn National Gaming (PNG) has raised $982.1m through a public offering of shares, with the proceeds to be used to fund its online…

25th September 2020

PNG aims to raise up to $982.1m through public offering

US casino operator Penn National Gaming (PNG) has announced details of a new underwritten public offering, through which it could generate up to $982.1m in…

17th September 2020

theScore Bet goes live in Indiana

Score Media and Gaming has launched its sportsbook in Indiana, the third state in which customers can wager via theScore Bet. The launch follows the…

17th September 2020

Iowa sports betting dashboard – September 2020

Iowa’s online betting market posted its strongest revenue figure since February, and retail its highest total since January, as the market roared back to life…

16th September 2020

Rush Street on top in early months of Illinois betting

Rush Street’s Rivers Des Plaines has taken an early lead in the Illinois sports betting market, with figures from the state’s Gaming Board revealing that…

14th September 2020

AGA marketing code for betting comes into effect

The American Gaming Association (AGA)’s has introduced a new code of conduct to prevent irresponsible advertising by its members for their sportsbook products. The code,…

11th September 2020

Indiana betting revenue tops $100m in first year

Indiana sportsbooks took in revenue of $9.8m in June, up 47.6% from July, as stakes hit $1.20bn and revenue exceeded $100m for the first 12…

8th September 2020

Kindred strikes IL, OH market access deals with Penn National

Unibet operator Kindred has struck market access deals with regional casino operator Penn National Gaming to offer online betting and gaming in Illinois and Ohio.…