by Giovanni Shorter | Sep 9, 2020 10:38 am | Sports Betting
Penn National has announced a soft launch of its upcoming Barstool Sportsbook in Pennsylvania on September 15. This comes following the Pennsylvania Gaming Control Board (PGCB) approving the launch of the app in the Keystone State. This soft launch is a test period,...
by Adia Randall | Aug 7, 2020 10:09 am | Sports Betting
Penn National set to launch first Barstool Sportsbook app in Pennsylvania a state where the company has already released an online casino The second-quarter revenue suffered due to the effects of the COVID-19 pandemic but the company can look to benefit from the...
by Christina Monroe | May 7, 2020 4:23 pm | Sports Betting
Penn National Gaming has lost money during the first quarter of 2020 because of the closures of their properties amid the Coronavirus pandemic. The company has enough money to withstand the remainder of the year if it should need to be closed that long. NEW YORK...
by Christina Monroe | Apr 1, 2020 5:01 pm | Sports Betting
Penn National has put 97% of its employees on unpaid leave as all 41 of their casinos nationwide have closed due to the Coronavirus. The casino operating giant is losing over $6 million a day while their businesses are shut down. PHILADELPHIA – Casino operator...
by Michael Molter | Jan 29, 2020 11:00 am | Sports Betting
Penn National will purchase a 36% interest in Barstool Sports with the ability to purchase 50% after three years. After all said and done, Barstool will have sold half of its company to Penn National for roughly $225 million. Penn National’s goal is to reduce customer...