Penn National, one of the largest casino operators in the US, will place nearly 97% of its workforce on unpaid furlough beginning Wednesday.
With a new financial interst in the company, Penn National plans to launch an online Barstool Casino with a focus on table games and poker.
Penn National placed the winning bid during the first mini-casino auction in Pennsylvania. The price-tag of $50 million was way above expectations.
Penn National Gaming announced it was acquiring Pinnacle Entertainment on Monday, which could impact the company's future in online gambling.
One of Pennsylvania's leading casino operators makes it clear that setting the online tax rate too high will end regulated online gambling before it starts.
At a recent hearing, six of Pennsylvania's 12 casinos provided testimony in support of online gambling. Four others not in attendance also support iGaming.
At a recent meeting of the Massachusetts online gambling and DFS study panel, Wynn Resorts made some very interesting comments regarding MA online gambling.
The Pennsylvania House of Representatives has sent an online gambling to the Senate, but the upper chamber isn't expected to act until after the election.
Penn National wants the Pennsylvania legislature to limit online gambling brands to land-based casinos. The proposal has received tremendous pushback.
With the launch of SugarHouse Casino, the number of out-of-state casinos in the NJ online gambling market has reached three. Will others follow suit?
The possibility of Pennsylvania online gambling regulation is working its way into the ongoing budget impasse in the state, keeping hopes for 2015 alive.
Penn National Gaming CEO Tim Wilmott said he does not expect an internet gambling regulation bill would pass the Pennsylvania state legislature in 2015.
Regional casino operator asserts that regulated online gambling will protect revenue at Pennsylvania's land-based casinos, calling iGaming a "vital tool"