Penn National Gaming
Two face insider trading charges over Penn’s theScore acquisition
The Securities and Exchange Commission (SEC) has charged two people with insider trading related to Penn National Gaming’s acquisition of theScore. The charges were handed…
PointsBet launches in Louisiana with Penn National Gaming
Online gambling operator PointsBet Holdings has launched online sports betting in the US state of Louisiana via its partnership with Penn National Gaming (PNG). PointsBet’s…
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…
TheScore Bet rolls out in-house sportsbook risk and trading platform
theScore Bet, a subsidiary of Penn National Gaming, has launched its proprietary in-house risk and trading platform, as it shifts to an in-house technology stack. The…
theScore to exit US market
Canada-based online betting brand theScore Bet will exit the US market on July 1 in order to focus only on Canada while Penn National Gaming…
Penn National Gaming commits to AGA’s responsible gambling campaign
Penn National Gaming (PNG) has become the latest operator to declare its support for the American Gaming Association’s (AGA) ‘Have A Game Plan. Bet Responsibly’…
Penn National to open Hollywood Casino Morgantown on December 22
Penn National Gaming will open its new Hollywood Casino Morgantown in Pennsylvania on December 22, pending final regulatory approvals. The Category 4 casino will be…
PNG launches scholarship program to increase diversity in STEM
Penn National Gaming has announced the launch of a new Science, Technology, Engineering and Mathematics (STEM) scholarship program in partnership with Historically Black Colleges and…
Pennsylvania gaming revenue reaches record high in October
Pennsylvania operators enjoyed a record breaking month in October, with total market revenue jumping 33.0% year-on-year to with $425.9m. Parx Casino led the way in…
Penn reports $1.51bn in Q3 revenue but non-operating costs hit profits
Penn National Gaming (PNG) has reported revenue of $1.51bn (£1.1bn/€1.3bn) for its third quarter 2021 results ended September 30, though profit declined due to non-operating…
Penn National Gaming completes theScore acquisition
Penn National Gaming has closed its US$2.0bn cash-and-stock acquisition of Canada-based operator theScore. Penn announced the deal in August, revealing that it planned to migrate…
BC Supreme Court approves Penn National and theScore deal
The Supreme Court of British Colombia has issued a final order approving the deal between Penn National Gaming and theScore, which will see the Penn…