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Business
April 14, 2025
Penn Entertainment Doubles Down on Product with New CPO Hire
Penn Entertainment has picked a former FanDuel veteran to lead its product division, with Billy Turchin stepping in as the company’s new CPO. This will allow the company to spearhead its efforts in bringing around a more worthwhile end product to players across its brands, to name ESPN Bet, Hollywood Casino, and theScore. Penn Entertainment […]
Sports
March 3, 2025
ESPN Bet’s Future in Doubt as Penn Faces Mounting Pressure
Penn Entertainment’s (NASDAQ: PENN) ESPN Bet division could face an uncertain future next year if it fails to gain significant traction before the close of 2026. The sports betting venture, launched in partnership with ESPN, has struggled to establish itself as a serious contender in the highly competitive online gaming market. While Penn’s other gambling […]
Industry
February 21, 2025
Fake Online Casino Ad Uses Plainridge Park Name
Massachusetts was among the states that launched online sports betting in 2023. While betting online is available, online casino gambling is still illegal in the state. Still, this doesn’t stop unlicensed operators from offering their services and trying to engage with customers via social media ads by pretending to be affiliated with known brick-and-mortar casinos. […]
Industry
February 10, 2025
Hollywood Casino-Aurora on Track for Completion in H1 2026
Construction of the Hollywood Casino-Aurora hotel and casino resort started in November 2023. With a goal of opening in 2026, so far, the works are going within budget and as planned, a newly released report suggests. Works on PENN Entertainment’s $360M Hotel and Casino in Aurora Continue Hollywood Casino-Aurora represents the new location of the […]
Business
January 30, 2025
Penn Entertainment to Consider HG Vora’s Board Nominations
The provider of integrated entertainment, sports content, and casino gaming experiences across five segments, Penn Entertainment (PENN), has found itself involved in a proxy fight with its shareholder, HG Vora Capital Management. The latter is currently trying to push the appointment of three new members to the company’s board. The announcement has led to a […]
Sports
January 13, 2025
PENN Entertainment Continues with ESPN Sportsbooks Rebranding
PENN Entertainment has revealed that it has rebranded a total of ten retail sportsbooks in several major states. The rebranding affects 10 locations across Kansas, Louisiana, Maryland, Ohio, and Michigan, with the retail sportsbooks now operating under the ESPN Bet name and visual identity. PENN Continues with ESPN Bet Rebranding across the US The company […]
Sports
November 8, 2024
PENN Entertainment Remains Bullish on ESPN BET Despite Mixed Q3 Performance
PENN Entertainment announced its third-quarter results, showcasing stellar performance in retail revenues and ongoing challenges in the digital space. Q3 retail revenue reached $1.4 billion with an adjusted EBITDA of $472 million, surpassing earlier projections. However, the Interactive segment recorded a $91 million EBITDA loss on $141 million in adjusted revenue as PENN continues to […]
Industry
November 4, 2024
ESPN and ESPN BET Debut Account Linking
PENN Entertainment and ESPN announced that account linking between ESPN and ESPN BET is now a reality. This means that fans can now enjoy seamless betting experiences with less hassle. Enhanced Personalization Awaits The account linking allows existing consumers to link their ESPN BET and ESPN accounts. Thanks to that, users will now be able […]
Business
October 8, 2024
PENN Entertainment Unveils Preliminary Q3 Financial Results
Today, PENN Entertainment revealed its preliminary financial results for the third quarter ending 30 September 2024, highlighting stronger-than-expected results for its interactive unit, Penn Interactive, which includes the ESPN Bet platform. The company noted the digital segment was performing better than projected, expressing a stable outlook for its retail operations going into 2025. Overall Financials […]
Casino
October 2, 2024
Hollywood Casino at Kansas Speedway to Add Hotel After 10-Year Delay
Hollywood Casino in Kansas City is considering constructing a new hotel after years of delays. This would finally align the property with its vision to offer a resort experience near the Kansas Speedway racetrack. The Hotel Might Finally Become a Reality Hollywood Casino officially opened in 2012 and was set to start constructing its hotel […]
