Penn National Gaming
Legal sports betting begins in Michigan
The first legal wagers have been placed in Michigan, after Penn National Gaming’s Greektown Casino and the MGM Grand Detroit opened their retail sportsbooks yesterday…
Detroit casinos given green light for first legal MI bets
The Michigan Gaming Control Board (MCGB) have granted approval to Detroit’s three commercial casinos to accept Michigan’s first sports bets from 1PM Eastern Daylight Time…
BetRivers to take first Illinois bets in time for March Madness
The BetRivers sportsbook at Rivers Casino Des Plaines will take the first legal sports wagers in Illinois today (9 March) after receiving approval from the…
Penn National completes acquisition of Barstool stake
Penn National Gaming (PNG) has finalised its acquisition of a 36% stake in digital sports media company Barstool Sports for a total consideration of approximately…
Detroit Casinos bring in $120m in January
Detroit’s three commerical casinos brought in $120m in revenue in January 2020, up 7.1% year-on-year, as revenue from each casino increased. This revenue figure was…
State of the Union: William Hill, NY, DE, IN, IA and more
This week’s State of the Union, in partnership with Segev LLP, covers William Hill’s partnership with CBS Sports, a blow for fantasy operators in New…
Penn National Gaming lands partnership with Nascar
Casino operator Penn National Gaming (PNG) has agreed a multi-year deal to become an authorized gaming partner of stock car racing series Nascar in the…
PNG net income declines despite revenue increase in 2019
Penn National Gaming (PNG) has reported a 53.1% year-on-year decline in net income for 2019 despite reporting a 47.8% increase in revenue for the year.…
Kansas senate committee introduces sports betting bill
The Kansas state Senate’s Committee on Federal and State Affairs has introduced a bill to allow sports wagering in the state. Senate Bill 283 would…
State of the Union: Barstool Sports, Scheinberg, MS, MO and more
This week’s State of the Union, in partnership with Segev LLP, covers Penn National’s purchase of media company Barstool Sports, PokerStars founder Isai Scheinberg’s decision…
Penn National seals Barstool Sports partnership
Penn National Gaming (PNG) has entered into an exclusive sports wagering and online casino partnership with Barstool Sports, in a deal that will also see…
Penn National names Apple’s David Williams as new CFO
Penn National Gaming has appointed David William, a Apple executive, as its new chief financial officer and executive vice president with effect from March 3.…
Kambi’s new dawn
Splitting from a high profile partner is not exactly new territory for Kambi – after all, its break from Kindred gave it the independence to…
Pennsylvania betting handle passes $300m in November
Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino…