Penn National paid out a $10k settlement over a reportedly misleading TikTok video. The video was posted to a Barstool Sports account. Penn National owns a 36% stake in Barstool Sports. INDIANAPOLIS – Casino and racetrack operator Penn National paid a $10,000 settlement to the Indiana Gaming Commission (IGC) on Monday because of a TikTok video … Read more
Penn National recently acquired Barstool Sportsbook. Caesars Entertainment recently bought a stake in SuperDraft. LAS VEGAS – With NFL season right around the corner, there’s a growing interest in which gambling companies to invest in via stock purchases. DraftKings It’s seemingly impossible to talk about sports betting in any capacity without DraftKings coming up, and … Read more
Penn National is completing the acquisition of HitPoint Studios and LuckyPoint to launch their own in-house iGaming studios. The new studio will be named Penn Game Studios. The company will make exclusive online casino games for its patrons. WYOMISSING, Pa. – As online gambling grows in popularity, companies are looking for more ways to maximize … Read more
Major banking firm Goldman Sachs sees the sports betting and iGaming market outperforming e-commence over the next ten years. Goldman Sachs projects that the internet gambling market could be worth up to $39 billion in 2033. NEW YORK – As the online gambling and online sports betting market continues to expand, major banking firm Goldman … Read more
Rush Street Interactive (RSI) can provide its online casino and sportsbooks in Ohio, Maryland, and Missouri when regulations are set. This will bring BetRivers online sportsbook and casino to these new markets. The expansion is part of the deal between RSI and Penn National Gaming Inc. CHICAGO – Sports betting and iGaming fans in the … Read more
The Barstool Sportsbook app is hoping to launch in September to be able to open shop when the NFL will be back. Barstool Sports and Penn National are working together to offer sports bettors both mobile and land-based sportsbooks this Fall. NEW YORK – Barstool Sports expects to roll out their sportsbook in September to … Read more