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 Giovanni Shorter | Aug 31, 2020 11:03 am | Sports Betting
Investment banking company Morgan Stanley has downgraded both DraftKings and Penn National. Thomas Allen cites investor’s expectations being too high as to why their growing value on the NASDAQ is happening. The company still predicts both DraftKings and Penn...
by Christina Monroe | Aug 10, 2020 11:23 am | Revenue
Iowans picked up a taste for sports betting once major sports began opening up in July with reports showing $22.9 million wagered for the month. Of the $22.9 million, $2.2 million was made in revenue for the state having the bulk of activity done through mobile and...
by Christina Monroe | Jul 27, 2020 11:45 am | Regulatory
Massachusetts is looking to make sports betting legal by introducing a new bill, MA HB 4879 to the House on July 24. House Bill 4879 would make sportsbooks legal in MA for both mobile and retail outlets. The bill comes by way of an economic development package. BOSTON...
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...
