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PENN Entertainment

PENN Entertainment sees strong Interactive growth in Q3 2023

PENN Entertainment has reported a 24 per cent increase in revenue from its Interactive business to $196.3 million during the third quarter of 2023, as [...]

1 min read

Kentucky approves temporary licenses ahead of sports betting launch

The Kentucky Horse racing Commission voted Tuesday to approve 20 temporary sports betting licenses.

A temporary license allows the holder to operate in Kentucky for up [...]

1 min read

Interactive drives Q2 revenue growth for Penn Entertainment

Penn Entertainment has reported a 3 per cent increase in revenue to $1.67 billion for the second quarter of 2023, buoyed by strong Interactive growth.

Revenue [...]

1 min read

ESPN enters US online sports betting with Penn Entertainment

Penn Entertainment has agreed a 10-year deal to use the ESPN Bet trademark for online sports betting in the United States.

The strategic alliance between Penn [...]

4 mins read

Penn Entertainment completes migration of Barstool Sportsbook & Casino

Penn Entertainment has completed the migration of its Barstool Sportsbook & Casino offering to the company’s proprietary technology platform.

The migration to Penn’s custom technology stack [...]

3 mins read

Anaxi rolls out casino games with Penn in New Jersey

Anaxi, the iGaming division of Aristocrat, has agreed a deal to provide online casino games to Penn Entertainment in North America.

The agreement enables the rollout [...]

2 mins read

Solid Q1 for PENN Entertainment as Interactive revenue grows 65%

New York-listed gaming operator PENN Entertainment has posted a 7 per cent increase in revenue to $1.67 billion in the first quarter of 2023, with [...]

1 min read

Pennsylvania gambling regulator issues fines relating to iGaming

The Pennsylvania Gaming Control Board has fined three iGaming licensees for violating state regulations.

The fines relate to the online operations of Barstool Sportsbook and Unibet [...]

1 min read
Barstool Sportsbook Ameristar

Penn completes acquisition of Barstool Sports

Penn Entertainment has taken full ownership of Barstool Sports for a consideration of approximately $388m.

Having previously acquired a 36 per cent stake in Barstool Sports [...]

1 min read

Interactive growth takes PENN Entertainment’s 2022 revenue past $6.4bn

New York-listed racing and gaming operator PENN Entertainment has reported a marginal 0.8 per cent increase in revenue to $1.6bn for the final quarter of [...]

1 min read

PENN Entertainment revenue climbs to $1.63bn in third quarter

New York-listed racing and gaming operator PENN Entertainment has reported solid results for the third quarter of 2022 as revenue climbed 7.5 per cent to [...]

1 min read

PENN Entertainment to relocate Illinois riverboat casinos to land

PENN Entertainment has confirmed plans to relocate two riverboat casinos in Illinois to new land-based facilities, and to build new hotels at two of its [...]

1 min read