Business News

iGaming platform provider White Hat Gaming has entered into a long-term deal to provide its player account management platform to New York-listed operator Penn National Gaming.

Following a competitive selection process, White Hat Gaming will integrate its online Player Account Management (PAM) platform as Penn National begins rolling out its multi-state real-money online offering.

Penn National operates more than 41 gaming facilities across 19 US states, including a number of regulated sports betting markets, with the first launches due to take place in Q3 2020.

“It is an honour to be working with an organisation of the size and reputation of Penn National Gaming,” said White Hat Gaming chief executive Phil Gelvan. “In Penn National, we have found an ideal partner who share our passion for the consumer gaming experience and are committed to the highest standard of regulation. We look forward to partnering with them to build one of the leading businesses in American sports betting and online casino.”

Penn Interactive Ventures vice president of strategy and finance Jeff Kaplan commented: “We’re proud to be partnering with a leading platform provider like White Hat Gaming. The team at White Hat shares our vision for providing a best in class, intuitive product experience for our customers.”

Penn National recently launched its real-money iGaming platform in Pennsylvania under its brand, and launched online sports betting operations in West Virginia and Indiana with skins partner DraftKings.

Shares in Penn National Gaming Inc (NSQ:PENN) closed up 1.39 per cent at $23.35 per share in New York Monday.