PNG
Louisiana prepares to launch online sports betting
Louisiana will today (January 28) open its legal online sports betting market, with a number of operators having been cleared to launch. Sports wagering was…
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…
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 Hollywood Casino Perryville acquisition
Penn National Gaming (PNG) has completed its acquisition of the operations of Hollywood Casino Perryville in Maryland in a deal worth $31.1m. In December, PNG…
Penn National Gaming approved to complete Hollywood Perryville acquisition
Penn National Gaming (PNG) has secured final approval from the Maryland Lottery and Gaming Control Commission to proceed with its acquisition of the operations of…
Penn National posts $669.5m loss as Covid-19 drives revenue drop in 2020
Penn National Gaming (PNG) has reported a $669.5m net loss for 2020, primarily due to a sharp decline in revenue caused by the novel coronavirus…
Penn National opens Barstool sportsbooks in Indiana & Michigan
Casino operator Penn National Gaming (PNG) has opened three Barstool-branded sportsbooks, at the Hollywood Casino Lawrenceburg and Ameristar East Chicago Casino & Hotel in Indiana,…
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…
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…
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…
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.…
GAN and Penn National Gaming launch social casino app
Online gaming supplier GAN and Penn National Gaming launched Penn’s MyChoice-branded social casino app, powered by GAN’s Simulated Gaming product, today (20 August). The app…
State of the Union: IGT-FanDuel, Wynn, NV and more
This week’s State of the Union, in partnership with Segev LLP, includes results from many of the US gaming industry’s largest operators as well as…