penn
Higher costs offset revenue growth at Penn in FY22
Land-based and mobile gaming operator Penn Entertainment reported a year-on-year drop in net profit for its 2022 financial year after higher costs offset revenue growth…
Penn National Gaming appoints Vimla Black-Gupta to board
Penn National Gaming has named marketer Vimla Black-Gupta as a new addition to the operator’s board of directors, subject to customary regulatory approvals. Black-Gupta has…
Felicia Hendrix to step into Penn National CFO role
Casino operator Penn National Gaming announced that executive vice president and chief financial officer David Williams stepped down from his role as of December 31,…
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,…
Penn National makes changes to board and executive team
Land-based and online operator Penn National Gaming has appointed Marla Kaplowitz, current president and chief executive of the American Association of Advertising Agencies (4A’s), to…
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 –…
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)…
GTG announces partnerships with Caesars and PNG
Melbourne-based supplier GTG Network has announced new partnerships with Caesars Entertainment and Penn National Gaming. GTG creates products which aim to generate large-scale consumer engagement…
Penn National prepares Barstool Sportsbook live test in PA
Regional casino operator Penn National Gaming is preparing for a test launch of its long-awaited real-money sportsbook featuring the Barstool Sports brand in Pennsylvania. The…
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.…
State of the Union: DraftKings, Covid-19, Puerto Rico and more
This week’s State of the Union, in partnership with Segev LLP, includes DraftKings’ first financial statements since its merger with SBTech and public listing on…
Penn’s M Resort announces 58 more layoffs
Penn National Gaming’s M Resort Spa Casino Las Vegas has announced an additional 58 permanent layoffs, on top of 352 previously announced redundancies. The operator…
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…
Penn Q2 revenue collapses amid Covid-19 closures
Penn National Gaming’s revenue for the second quarter of 2020 fell 76.9% as venue closures across the country led to a $213.9m loss for the period,…