Hollywood Casino at Penn National Race Course

Penn National Gaming Closes Offering of 4.125% Senior Notes Due 2029

Retrieved on:

Thursday, July 1, 2021

Casino, Gaming, Entertainment, Penn, Hollywood Casino at Penn National Race Course, NASDAQ, Finance, Geography of Pennsylvania, Economy of the United States

Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) announced today that it has completed its previously announced private offering of $400 million aggregate principal amount of 4.125% senior notes due 2029.

Key Points:

Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) announced today that it has completed its previously announced private offering of $400 million aggregate principal amount of 4.125% senior notes due 2029.
The notes are unsubordinated, unsecured obligations of Penn National and are not guaranteed.
Penn National intends to use the proceeds of the offering for general corporate purposes.
Specifically, forward looking statements include, but are not limited to statements regarding the offering of the notes.

Penn National Gaming Prices $400 Million of 4.125% Senior Notes Due 2029

Retrieved on:

Thursday, June 24, 2021

Casino, Gaming, General Entertainment, Entertainment, Penn, Hollywood Casino at Penn National Race Course

Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) announced today the pricing of $400 million aggregate principal amount of new 4.125% senior notes due 2029, which will be issued in a private placement.

Key Points:

Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) announced today the pricing of $400 million aggregate principal amount of new 4.125% senior notes due 2029, which will be issued in a private placement.
The notes will be unsubordinated, unsecured obligations of Penn National and will not be guaranteed.
The issuance of the notes is expected to close on or about July 1, 2021, subject to customary closing conditions.
Penn National intends to use proceeds of the proposed offering for general corporate purposes.

Former Penn National Gaming, Inc. Executive Carl Sottosanti Appointed to Fubo Gaming’s Board of Directors

Retrieved on:

Wednesday, June 16, 2021

Telecommunications, General Sports, Sports, Internet, Audio, Video, General Entertainment, Technology, Entertainment, FuboTV, Companies, Gambling, Penn National Gaming, Barstool Sports, Pinnacle Entertainment, Hollywood Casino at Penn National Race Course, Entertainment

Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO), has appointed former Penn National Gaming, Inc. executive Carl Sottosanti to its board of directors and as chairman of its gaming compliance committee effective immediately.

Key Points:

Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO), has appointed former Penn National Gaming, Inc. executive Carl Sottosanti to its board of directors and as chairman of its gaming compliance committee effective immediately.
I am excited to join Fubo Gamings board of directors, said Sottosanti.
From 2014-2020, Sottosanti served as executive vice president and general counsel of Penn National, a leading gaming company with 42 gaming facilities in 20 jurisdictions and a growing online gaming/media business.
Among the many large transactions Sottosanti led from the legal side at Penn National were its recent Barstool Sports and Pinnacle Entertainment acquisitions.

Penn National Gaming Names Vimla Black-Gupta to Board of Directors

Retrieved on:

Monday, June 7, 2021

Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) announced today that the Companys Board of Directors has appointed Vimla Black-Gupta to the Board, subject to customary regulatory approvals.

Key Points:

Penn National Gaming, Inc. (Nasdaq: PENN) (Penn National or the Company) announced today that the Companys Board of Directors has appointed Vimla Black-Gupta to the Board, subject to customary regulatory approvals.
She brings more than 25 years of marketing experience with a history for setting the standard for luxury, global beauty and wellness.
David Handler, Chairman of Penn National Gaming, commented, As we continue to evolve our business around an omnichannel retail and interactive gaming, sports betting and entertainment experience for our nationwide base of customers, we are delighted to welcome Vimla, a proven marketing veteran, to the Board.
With the nation's largest and most diversified regional gaming footprint, including 41 properties across 19 states, Penn National continues to evolve into a highly innovative omni-channel provider of retail and online gaming, live racing and sports betting entertainment.

Penn National Gaming to Launch Barstool Sportsbook Mobile App in Indiana

Retrieved on:

Friday, May 14, 2021

Electronic Games, Online, Casino, Gaming, Mobile Entertainment, Entertainment, Gambling, Sports betting, Entertainment, Barstool Sports, Penn National Gaming, Sportsbook, Penn, Hollywood Casino at Penn National Race Course, Penn National Gaming, Barstool Sports, PENN NATIONAL GAMING, BARSTOOL SPORTS

b"Penn National Gaming, Inc. (Nasdaq: PENN)(\xe2\x80\x9cPenn National\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) announced today that the Indiana Gaming Commission (\xe2\x80\x9cIGC\xe2\x80\x9d) has approved the Company\xe2\x80\x99s application to offer online sports wagering in Indiana.

Key Points:

b"Penn National Gaming, Inc. (Nasdaq: PENN)(\xe2\x80\x9cPenn National\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) announced today that the Indiana Gaming Commission (\xe2\x80\x9cIGC\xe2\x80\x9d) has approved the Company\xe2\x80\x99s application to offer online sports wagering in Indiana.
Penn National plans to launch its Barstool Sportsbook mobile app on iOS and android, as well as for desktop users, at 10:00 a.m. CST on May 18, 2021, pending any final regulatory approvals.
Once live, Indiana will become the Company\xe2\x80\x99s fourth online sports betting market, following previously successful launches in Pennsylvania, Michigan, and Illinois.\n\xe2\x80\x9cWe are thrilled to be launching our online Barstool Sportsbook in Indiana at the start of the NBA\xe2\x80\x99s new playoff format,\xe2\x80\x9d said Jay Snowden, President and CEO of Penn National.
In February 2020, Penn National entered into a strategic partnership with Barstool Sports, whereby Barstool is exclusively promoting the Company's land-based and online casinos and sports betting products, including the Barstool Sportsbook mobile app, to its national audience.

Penn National Gaming to Launch “myheroes” Program in Honor of Active-Duty Military, Veterans and First Responders

Retrieved on:

Wednesday, May 12, 2021

Electronic Games, Online, Casino, Gaming, Mobile Entertainment, Entertainment, Gambling, Penn, Hollywood Casino at Penn National Race Course, Sports betting, Entertainment

b"Penn National Gaming, Inc. (NASDAQ: PENN) (\xe2\x80\x9cPenn National\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that in celebration of Armed Forces Day on Saturday, May 15, it will be launching a new initiative to honor active-duty military, veterans and first responders.

Key Points:

b"Penn National Gaming, Inc. (NASDAQ: PENN) (\xe2\x80\x9cPenn National\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that in celebration of Armed Forces Day on Saturday, May 15, it will be launching a new initiative to honor active-duty military, veterans and first responders.
For example, all myheroes members will receive a tier upgrade to Advantage, a commemorative pin and a special players club card at signup.
Each myheroes member will also be allowed to designate a family member or friend to share in all the same benefits, rewards and gifts of the program.
Our wholly-owned interactive division, Penn Interactive, operates retail sports betting across the Company's portfolio, as well as online social casino, bingo, and iCasino products.

Penn National Gaming to Report First Quarter Results and Host Conference Call and Webcast on May 6

Retrieved on:

Thursday, April 8, 2021

Casino, Gaming, Commercial Building & Real Estate, Construction & Property, Entertainment, Penn National Gaming, Hollywood Casino at Penn National Race Course, Bingo, Companies, Entertainment

Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2021 first quarter financial results at 7:00 a.m.

Key Points:

Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2021 first quarter financial results at 7:00 a.m.
ET on Thursday, May 6, 2021 and will host a conference call and simultaneous webcast at 9:00 a.m.
The conference call number is 212/231-2932; please call five minutes in advance to ensure that you are connected prior to the presentation.
Our wholly-owned interactive division, Penn Interactive, operates retail sports betting across the Company's portfolio, as well online social casino, bingo, and iCasino products.

Penn National Gaming to Launch Barstool Sportsbook Mobile App in Illinois

Retrieved on:

Tuesday, March 9, 2021

Entertainment, Technology, Mobile Entertainment, Software, Electronic Games, Casino, Gaming, Sports betting, Gambling, Entertainment, Barstool Sports, Penn National Gaming, Sportsbook, Hollywood Casino at Penn National Race Course, Penn National Gaming, Barstool Sports

Penn National Gaming, Inc. (Nasdaq: PENN)(Penn National or the Company) announced today that the Illinois Gaming Board (IGB) has approved the Companys application to offer online sports wagering in Illinois.

Key Points:

Penn National Gaming, Inc. (Nasdaq: PENN)(Penn National or the Company) announced today that the Illinois Gaming Board (IGB) has approved the Companys application to offer online sports wagering in Illinois.
The Company plans to launch its Barstool Sportsbook mobile app on iOS and android, as well as for desktop users, at 12:00pm CST on March 11th, 2021.
We are eager to leverage the building momentum for the Barstool Sportsbook app with our launch in Illinois and the additional launches we have planned for 2021.
In February 2020, Penn National entered into a strategic partnership with Barstool Sports, whereby Barstool is exclusively promoting the Company's land-based and online casinos and sports betting products, including the Barstool Sportsbook mobile app, to its national audience.

Increased Support for Online Gaming Could Give Industry a Boost

Retrieved on:

Wednesday, February 24, 2021

Sports betting, Gambling, Companies, Entertainment, DraftKings, Penn National Gaming, Barstool Sports, Hollywood Casino at Penn National Race Course, 888 Holdings, Draft:Genesis Global Limited, Kambi Group

With Google now increasing its support for online gaming, companies like 888 Holdings (OTCPK: EIHDF), Penn National Gaming (NASDAQ:PENN), Rush Street Interactive (NYSE: RSI), DraftKings Inc (NASDAQ: DKNG), and Bragg Gaming (TSX:BRAG) (OTCQX:BRGGF) seem extremely well positioned to benefit from this move.

Key Points:

With Google now increasing its support for online gaming, companies like 888 Holdings (OTCPK: EIHDF), Penn National Gaming (NASDAQ:PENN), Rush Street Interactive (NYSE: RSI), DraftKings Inc (NASDAQ: DKNG), and Bragg Gaming (TSX:BRAG) (OTCQX:BRGGF) seem extremely well positioned to benefit from this move.
The two agreed to a multi-channel deal to supply sportsbook technology to three New York casinos operated by Seneca Gaming Corporation.
Penn National Gaming (NASDAQ:PENN)has also been making significant progress in online gaming thanks to its most recent acquisition of Barstool Sports.
Rush Street Interactive (NYSE:RSI), which operates online casino and sports betting gaming companies in the US was the first gaming company to launch a regulated online gaming site in Pennsylvania.

Increased Support for Online Gaming Could Give Industry a Boost

Retrieved on:

Wednesday, February 24, 2021

With Google now increasing its support for online gaming, companies like 888 Holdings (OTCPK: EIHDF), Penn National Gaming (NASDAQ:PENN), Rush Street Interactive (NYSE: RSI), DraftKings Inc (NASDAQ: DKNG), and Bragg Gaming (TSX:BRAG) (OTCQX:BRGGF) seem extremely well positioned to benefit from this move.

Key Points:

With Google now increasing its support for online gaming, companies like 888 Holdings (OTCPK: EIHDF), Penn National Gaming (NASDAQ:PENN), Rush Street Interactive (NYSE: RSI), DraftKings Inc (NASDAQ: DKNG), and Bragg Gaming (TSX:BRAG) (OTCQX:BRGGF) seem extremely well positioned to benefit from this move.
The two agreed to a multi-channel deal to supply sportsbook technology to three New York casinos operated by Seneca Gaming Corporation.
Penn National Gaming (NASDAQ:PENN)has also been making significant progress in online gaming thanks to its most recent acquisition of Barstool Sports.
Rush Street Interactive (NYSE:RSI), which operates online casino and sports betting gaming companies in the US was the first gaming company to launch a regulated online gaming site in Pennsylvania.