Five U.S. operators each saw problems as a flood of sports bettors came looking to make money on Tom Brady, one way or another.
Although revenue was down and failed analyst expectations, PNG is excited about their net income, and what Barstool will do in 2021.
The two companies have agreed to a reciprocity program to try to increase sales.
Penn National is ready to part ways with one of its newer additions, while Virgin Hotels Las Vegas is still struggling to get into the market.
More employees are being furloughed and a number of casinos expect even further cuts in their workforces before things get better.
Penn National Gaming inks deal to acquire operations of Maryland's Hollywood Casino Perryville ahead of that state's betting legalization.
Buying Barstool Sports has paid off huge for Penn National, and their head of interactive told us why he knew it would be the right move.
Maryland casinos report October revenue down less than 1% year-on-year, while Ohio sets another revenue record despite pandemic restrictions.
Penn National Gaming triples its Q3 profit despite revenue falling 16.6%, says Barstool Sportsbook has exceeded all company's goals.
The casino operator has big plans for Barstool Sports after acquiring the sports gambling company.