- Penn National is moving ahead with plans to put the Barstool brand into physical sportsbooks to keep the momentum going. The Wyomissing-based casino operator (NASDAQ: PENN) acquired a 36% stake in.
- Sports betting is here, and Hollywood Casino at Penn National Race Course is your 50-yard-line ticket to odds, point spreads and over/unders. Betting on sports has never been easier.
How Penn National Views Online Sports Betting. In comments shared with the Reading Eagle, Penn executive Eric Schippers explained how Penn National views sports betting in relation to other casino products: 'Sports betting is an added amenity that helps drive increased visitation to our facilities and allows us to engage with new customers. Sports betting is here, and Hollywood Casino at Penn National Race Course is your 50-yard-line ticket to odds, point spreads and over/unders. Betting on sports has never been easier. You can place wagers on the following sports at Hollywood Casino at Penn National Race Course: football, basketball, hockey, soccer, baseball, golf, tennis, auto racing, rugby, cycling, boxing and MMA, and cricket. Sports betting is officially go at the Hollywood Casino at Penn National Race Course in Grantville. A two-day live money test window concluded Friday night, and Pennsylvania Gaming Control Board.
Penn National Gaming owns, operates or has ownership interests in 41 gaming and racing properties in 19 states and video gaming terminal operations with a focus on slot machine entertainment. We also offer live sports betting at our properties in Colorado, Indiana, Iowa, Michigan, Mississippi, Pennsylvania and West Virginia. The Company launched its first of many Barstool Sports book apps in Pennsylvania in Sept., allowing it to leverage the Barstool brand and marketing engine to drive meaningful market share, as the product is introduced across our leading customer loyalty program, mychoice®, with 20 million casino customers and Barstool's audience of over 66 million loyal fans. In total, Penn National's properties feature approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms. In addition, the Company operates an interactive gaming division through its subsidiary, Penn Interactive Ventures, LLC, which launched iCasino in Pennsylvania and, through strategic partnerships, operates online sports betting in Indiana, Pennsylvania and West Virginia.
Our Corporate Mission
Our corporate mission is to maintain and build upon Penn National Gaming's position as a respected leader and innovator in the gaming industry, a valued partner in our communities and a role model for ethical business standards.
Contact Us
MAIL:
Penn National Gaming, Inc.
825 Berkshire Boulevard
Wyomissing, PA 19610
CALL:610-373-2400
FAX: 610-373-4966
MEDIA INQUIRIES:media@pngaming.com
VENDOR INQUIRIES:purchasing@pngaming.com
Sports Betting At Hollywood Casino
GENERAL INQUIRIES:corporate@pngaming.com
David A. Handler
Chairman of the Board
Partner, Centerview Partners
Peter M. Carlino
Chairman Emeritus
Chairman, Chief Executive Officer and President of Gaming and Leisure Properties, Inc.
John M. Jacquemin
President
Mooring Financial Corporation
Barbara Shattuck Kohn, Retired
Former Managing Director
Hammond, Hanlon & Camp LLC
Ronald J. Naples, Retired
Former Chief Executive Officer
Quaker Chemical Corp.
Saul Reibstein, Retired
Former Executive Vice President, Chief Financial Officer and Treasurer
Penn National Gaming Inc.
Jane Scaccetti
Chief Executive Officer
Drucker & Scaccetti, P.C.
Marla Kaplowitz
President and Chief Executive Officer
4A's (American Association of Advertising Agencies)
Jay Snowden
President and Chief Executive Officer
Penn National Gaming Inc.
our corporate governance
Select the links below to learn more.
our Agents and Counsel
Legal Counsel
Ballard Spahr
1735 Market Street, 51st Floor,
Philadelphia, PA 19103-7599
Deloitte & Touche LLP
1700 Market St.
Philadelphia, PA 19103
Transfer Agent and Registrar
Continental Stock Transfer & Trust Company
1 State St., 30th Floor
New York, NY 10004
Market Information
The Common Stock of the Company is listed on the NASDAQ National Market under the symbol PENN.
The following locations have been approved for a sports gaming license by the Pennsylvania Gaming Control Board (PGCB):
| Sportsbook | Location | Operator | Retail Launch Date | Online Launch Date |
|---|---|---|---|---|
| SugarHouse Sportsbook PA | Philadelphia | Kambi | Dec 2018 | May 31. 2019 |
| BetRivers Sportsbook App | Pittsburgh | Kambi | Dec 2018 | June 27, 2019 |
| Parx Online Sportsbook App | Bensalem | Kambi | Jan 2019 | June 27, 2019 |
| FanDuel Sportsbook at Valley Forge Casino | King of Prussia | FanDuel | March 2019 | July 22, 2019 |
| Hollywood Casino at Penn National | Grantville | Kambi | Nov 2018 | 2020 |
| Harrah's Philadelphia | Chester | Scientific Games | Jan 2019 | 2020 |
| Presque Isle Downs and Casino | Erie | BetAmerica | July 2019 | Dec. 16, 2019 |
| South Philly Turf Club (Parx) | Philadelphia | Kambi | March 2019 | N/A |
| Valley Forge Turf Club | Oaks | Kambi | March 2019 | N/A |
| Mohegan Sun Pocono | Wilkes-Barre | Unibet | September 2019 | Nov. 12, 2019 |
| Mount Airy Casino | Mt Pocono | The Stars Group/FOX Bet | September 2019 | Sept. 4, 2019 |
| The Meadows | Washington | DraftKings | October 2019 | Nov. 4, 2019 |
There are currently twelve Pennsylvania sportsbooks up and running, including two at off-track betting facilities. Unibet is scheduled for a Nov. 12 soft-launch date. It will a sports betting app and an online casino.
PA online sportsbook options
If you've been following Pennsylvania sports betting news, you know that the launch of online sportsbooks in the state felt like Charlie Brown trying to kick a football at times.
Finally, in May 2019, SugarHouse Sportsbook soft-launched PA's first online betting app. PlaySugarHouse Sportsbook fully launched in the beginning of June making it Pennsylvania's first online sportsbook. Since then, the market has grown to eight online betting apps with a few more still on the way.
Online sports betting plans for PA sportsbooks
Each sportsbook in Pennsylvania can have a single online sports betting skin. That skin must prominently feature the name of the PA property holding the license. Even with that stipulation though, there are plenty of big names that partnered up to get into the Pennsylvania sports betting market.
Here is a breakdown of what companies are working with each PA casino:
PlaySugarHouse and BetRivers
Hollywood Casino Sports Betting Pa
These two casinos share a sports betting partner that also works with Parx. Like Parx, the casinos benefit from the quality tech Kambi offers as well as a wide range of bets.
This is a particularly sweet deal for Rivers patrons in Pittsburgh. Even though the book is the only game in town, the prices are the same as SugarHouse, which is in a market filled with books competing for market share.
PlaySugarHouse hit the mobile sportsbetting market first in PA in June 2019. BetRivers launched its sportsbetting app on June 25, 2019.
Hollywood Casino at Penn National
The first retail sportsbook to open in Pennsylvania partnered up with one of the oldest and biggest names in the game: William Hill. However, the partnership between William Hill and Hollywood Casino/Penn National Gaming ended in Oct. Native american casino royalties. 2019.
The retail sportsbooks at Meadows Casino and Hollywood Casino are now powered by Kambi odds. Penn National Gaming announced that it entered into multiyear agreements for online sports betting and iGaming with big-name sports betting operators:
- DraftKings
- PointsBet
- theScore
- The Stars Group
Parx Casino
The biggest casino in the state wanted to be one of the first out the gate when it came to sports betting. Paperwork got the best of the property, which only opened its retail sportsbook in January. A $10 million, 10,000-square-foot permanent sportsbook opened its doors on Aug. 8, 2019.
While it was not first, it did make the argument for being finest thanks to its partnership with Kambi. The European betting group is the supplier with the biggest reach in Pennsylvania. It works with Parx as well as the two Rush Street properties, Rivers and SugarHouse.
Kambi couldn't go online when Parx opened, but it did offer something close. Parx unveiled a website they named Betslip Builder, which allows bettors to put together bets on their phone, then scan a QR code once they get to the betting counter.
Parx launched PA's second online sportsbook on June 24, 2019.
FanDuel Sportsbook at Valley Forge Casino
FanDuel may be known by most for its daily fantasy sports offering, but the brand is quickly and successfully making its way into sports betting. The FanDuel Sportsbook at the Valley Forge Casinoopened just in time for March Madness on March 13, 2019.
FanDuel and Valley Forge Casino also launched a mobile sports betting product at the end of July 2019.
Mount Airy and The Stars Group
Mount Airy Casino might have been late PA sports betting market, but they brought one of the bigger brands in the online casino space.
FOX Bet arrived in Pennsylvania on Sept. 5, 2019.
In addition to FOX Bet, the Mount Airy deal also includes a PokerStars and Mount Airy online poker site and a Stars Group-powered online casino. The fully integrated online gambling app with the first online poker in PA debuted on Nov. 4, 2019.
Mohegan Sun Pocono
Mohegan Sun Pocono was the last of the current crop of Pennsylvania casinos to announce a partnership with a sports betting company. Though it was last, the partner is not a bad one at all. Mohegan Sun Pocono will be working with the European company Kindred. The company is best known for the Unibet brand overseas.
- Penn National is moving ahead with plans to put the Barstool brand into physical sportsbooks to keep the momentum going. The Wyomissing-based casino operator (NASDAQ: PENN) acquired a 36% stake in.
- Sports betting is here, and Hollywood Casino at Penn National Race Course is your 50-yard-line ticket to odds, point spreads and over/unders. Betting on sports has never been easier.
How Penn National Views Online Sports Betting. In comments shared with the Reading Eagle, Penn executive Eric Schippers explained how Penn National views sports betting in relation to other casino products: 'Sports betting is an added amenity that helps drive increased visitation to our facilities and allows us to engage with new customers. Sports betting is here, and Hollywood Casino at Penn National Race Course is your 50-yard-line ticket to odds, point spreads and over/unders. Betting on sports has never been easier. You can place wagers on the following sports at Hollywood Casino at Penn National Race Course: football, basketball, hockey, soccer, baseball, golf, tennis, auto racing, rugby, cycling, boxing and MMA, and cricket. Sports betting is officially go at the Hollywood Casino at Penn National Race Course in Grantville. A two-day live money test window concluded Friday night, and Pennsylvania Gaming Control Board.
Penn National Gaming owns, operates or has ownership interests in 41 gaming and racing properties in 19 states and video gaming terminal operations with a focus on slot machine entertainment. We also offer live sports betting at our properties in Colorado, Indiana, Iowa, Michigan, Mississippi, Pennsylvania and West Virginia. The Company launched its first of many Barstool Sports book apps in Pennsylvania in Sept., allowing it to leverage the Barstool brand and marketing engine to drive meaningful market share, as the product is introduced across our leading customer loyalty program, mychoice®, with 20 million casino customers and Barstool's audience of over 66 million loyal fans. In total, Penn National's properties feature approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms. In addition, the Company operates an interactive gaming division through its subsidiary, Penn Interactive Ventures, LLC, which launched iCasino in Pennsylvania and, through strategic partnerships, operates online sports betting in Indiana, Pennsylvania and West Virginia.
Our Corporate Mission
Our corporate mission is to maintain and build upon Penn National Gaming's position as a respected leader and innovator in the gaming industry, a valued partner in our communities and a role model for ethical business standards.
Contact Us
MAIL:
Penn National Gaming, Inc.
825 Berkshire Boulevard
Wyomissing, PA 19610
CALL:610-373-2400
FAX: 610-373-4966
MEDIA INQUIRIES:media@pngaming.com
VENDOR INQUIRIES:purchasing@pngaming.com
Sports Betting At Hollywood Casino
GENERAL INQUIRIES:corporate@pngaming.com
David A. Handler
Chairman of the Board
Partner, Centerview Partners
Peter M. Carlino
Chairman Emeritus
Chairman, Chief Executive Officer and President of Gaming and Leisure Properties, Inc.
John M. Jacquemin
President
Mooring Financial Corporation
Barbara Shattuck Kohn, Retired
Former Managing Director
Hammond, Hanlon & Camp LLC
Ronald J. Naples, Retired
Former Chief Executive Officer
Quaker Chemical Corp.
Saul Reibstein, Retired
Former Executive Vice President, Chief Financial Officer and Treasurer
Penn National Gaming Inc.
Jane Scaccetti
Chief Executive Officer
Drucker & Scaccetti, P.C.
Marla Kaplowitz
President and Chief Executive Officer
4A's (American Association of Advertising Agencies)
Jay Snowden
President and Chief Executive Officer
Penn National Gaming Inc.
our corporate governance
Select the links below to learn more.
our Agents and Counsel
Legal Counsel
Ballard Spahr
1735 Market Street, 51st Floor,
Philadelphia, PA 19103-7599
Deloitte & Touche LLP
1700 Market St.
Philadelphia, PA 19103
Transfer Agent and Registrar
Continental Stock Transfer & Trust Company
1 State St., 30th Floor
New York, NY 10004
Market Information
The Common Stock of the Company is listed on the NASDAQ National Market under the symbol PENN.
The following locations have been approved for a sports gaming license by the Pennsylvania Gaming Control Board (PGCB):
| Sportsbook | Location | Operator | Retail Launch Date | Online Launch Date |
|---|---|---|---|---|
| SugarHouse Sportsbook PA | Philadelphia | Kambi | Dec 2018 | May 31. 2019 |
| BetRivers Sportsbook App | Pittsburgh | Kambi | Dec 2018 | June 27, 2019 |
| Parx Online Sportsbook App | Bensalem | Kambi | Jan 2019 | June 27, 2019 |
| FanDuel Sportsbook at Valley Forge Casino | King of Prussia | FanDuel | March 2019 | July 22, 2019 |
| Hollywood Casino at Penn National | Grantville | Kambi | Nov 2018 | 2020 |
| Harrah's Philadelphia | Chester | Scientific Games | Jan 2019 | 2020 |
| Presque Isle Downs and Casino | Erie | BetAmerica | July 2019 | Dec. 16, 2019 |
| South Philly Turf Club (Parx) | Philadelphia | Kambi | March 2019 | N/A |
| Valley Forge Turf Club | Oaks | Kambi | March 2019 | N/A |
| Mohegan Sun Pocono | Wilkes-Barre | Unibet | September 2019 | Nov. 12, 2019 |
| Mount Airy Casino | Mt Pocono | The Stars Group/FOX Bet | September 2019 | Sept. 4, 2019 |
| The Meadows | Washington | DraftKings | October 2019 | Nov. 4, 2019 |
There are currently twelve Pennsylvania sportsbooks up and running, including two at off-track betting facilities. Unibet is scheduled for a Nov. 12 soft-launch date. It will a sports betting app and an online casino.
PA online sportsbook options
If you've been following Pennsylvania sports betting news, you know that the launch of online sportsbooks in the state felt like Charlie Brown trying to kick a football at times.
Finally, in May 2019, SugarHouse Sportsbook soft-launched PA's first online betting app. PlaySugarHouse Sportsbook fully launched in the beginning of June making it Pennsylvania's first online sportsbook. Since then, the market has grown to eight online betting apps with a few more still on the way.
Online sports betting plans for PA sportsbooks
Each sportsbook in Pennsylvania can have a single online sports betting skin. That skin must prominently feature the name of the PA property holding the license. Even with that stipulation though, there are plenty of big names that partnered up to get into the Pennsylvania sports betting market.
Here is a breakdown of what companies are working with each PA casino:
PlaySugarHouse and BetRivers
Hollywood Casino Sports Betting Pa
These two casinos share a sports betting partner that also works with Parx. Like Parx, the casinos benefit from the quality tech Kambi offers as well as a wide range of bets.
This is a particularly sweet deal for Rivers patrons in Pittsburgh. Even though the book is the only game in town, the prices are the same as SugarHouse, which is in a market filled with books competing for market share.
PlaySugarHouse hit the mobile sportsbetting market first in PA in June 2019. BetRivers launched its sportsbetting app on June 25, 2019.
Hollywood Casino at Penn National
The first retail sportsbook to open in Pennsylvania partnered up with one of the oldest and biggest names in the game: William Hill. However, the partnership between William Hill and Hollywood Casino/Penn National Gaming ended in Oct. Native american casino royalties. 2019.
The retail sportsbooks at Meadows Casino and Hollywood Casino are now powered by Kambi odds. Penn National Gaming announced that it entered into multiyear agreements for online sports betting and iGaming with big-name sports betting operators:
- DraftKings
- PointsBet
- theScore
- The Stars Group
Parx Casino
The biggest casino in the state wanted to be one of the first out the gate when it came to sports betting. Paperwork got the best of the property, which only opened its retail sportsbook in January. A $10 million, 10,000-square-foot permanent sportsbook opened its doors on Aug. 8, 2019.
While it was not first, it did make the argument for being finest thanks to its partnership with Kambi. The European betting group is the supplier with the biggest reach in Pennsylvania. It works with Parx as well as the two Rush Street properties, Rivers and SugarHouse.
Kambi couldn't go online when Parx opened, but it did offer something close. Parx unveiled a website they named Betslip Builder, which allows bettors to put together bets on their phone, then scan a QR code once they get to the betting counter.
Parx launched PA's second online sportsbook on June 24, 2019.
FanDuel Sportsbook at Valley Forge Casino
FanDuel may be known by most for its daily fantasy sports offering, but the brand is quickly and successfully making its way into sports betting. The FanDuel Sportsbook at the Valley Forge Casinoopened just in time for March Madness on March 13, 2019.
FanDuel and Valley Forge Casino also launched a mobile sports betting product at the end of July 2019.
Mount Airy and The Stars Group
Mount Airy Casino might have been late PA sports betting market, but they brought one of the bigger brands in the online casino space.
FOX Bet arrived in Pennsylvania on Sept. 5, 2019.
In addition to FOX Bet, the Mount Airy deal also includes a PokerStars and Mount Airy online poker site and a Stars Group-powered online casino. The fully integrated online gambling app with the first online poker in PA debuted on Nov. 4, 2019.
Mohegan Sun Pocono
Mohegan Sun Pocono was the last of the current crop of Pennsylvania casinos to announce a partnership with a sports betting company. Though it was last, the partner is not a bad one at all. Mohegan Sun Pocono will be working with the European company Kindred. The company is best known for the Unibet brand overseas.
The new 1,130-square-foot Unibet Sportsbook at Mohegan Sun Pocono opened on Sept. 27, 2019.
Unibet launched its sports betting app and online casino in November 2019.
Harrah's Philadephia
While Caesars Entertainment was one of the last casino companies to get in the app game in Nevada, the corporation is definitely stepping up its game as online betting expands.
The company rolled out a brand new Caesars Sportsbook app that was integrated with its NJ online casino. The brand-new app is powered by Scientific Games technology. You can expect the sports betting and casino to be integrated together for the PA app as well. However, there is certainly a chance that Harrah's has to roll out its sports betting app separately, then integrate at a later date.
Given that Harrah's was a bit late to the retail game and the property is not as busy as competitors like SugarHouse and Parx, they are having trouble establishing much market share in Philadelphia so far.
The Meadows Racetrack and Casino
In August, DraftKingsannounced its plans to pair with Penn National Gaming. The retail sportsbook at The Meadows opened in early October. The Pennsylvania Gaming Control Board approved DraftKings PA sports betting license through Penn National during its Oct. 30 meeting, opening the door for it to launch on Nov. 4.
Presque Isle Downs Casino
Presque Isle Downs' parent company, Churchill Downs, is a real pro when it comes to horse racing and horse betting. It is still relatively new at sports betting though. When the BetAmerica Sportsbook launched in PA in December 2019, it was only the second state Churchill had an operational sportsbook in. The copany is rapidly growing the BetAmerica brand though.
Live! Casino Philadelphia
Live! Casino Philadelphia received preliminary approval from the Pennsylvania Gaming Control Board in Oct. 2019 for sports betting. Though the Cordish Company did not mention a possible operator for the sportsbook, they do plan to launch online operations ahead of the casino's planned Dec. 2020 opening.
Wind Creek Bethlehem
While Wind Creek Bethlehem filed an application for a sports betting license, the property has been cagey about which companies they will work with and when it will launch.
