#Jay Snowden

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BeyondPlay to Become a Part of FanDuel Casino in Acquisition

FanDuel enhancing iGaming offering, which has become the No. 2 iGaming brand in the U.S. FanDuel acquired iGaming tech and software provider BeyondPlay in a deal announced Wednesday. The strategic acquisition of BeyondPlay will further enhance FanDuel's iGaming offering, which has become the No. 2 iGaming brand in the U.S. BeyondPlay features a…
Industry
BeyondPlay to Become a Part of FanDuel Casino in Acquisition
Covers

New Report Confirms iGaming Boosts Revenue For Brick-And-Mortar Casinos

The report shows that online casinos tend to appeal to a moderately younger demographic compared to land-based casinos. iDEA commissioned a study from Eilers & Krejcik Gaming (EKG) to conduct the most comprehensive analysis to date on how online gaming impacts land-based casino performance. The report shows that online casinos have a positive…
Industry
New Report Confirms iGaming Boosts Revenue For Brick-And-Mortar Casinos
Wild Casino
Gambling

PENN’s PA Hollywood Online Casino Unveils Rebrand

Pennsylvania's sports betting and iGaming community got a considerable shake-up as Penn Entertainment announced a full rebrand of its Hollywood. The move comes after Penn's partnership with ESPN and will pave the way for the creation of the ESPNBET platform. The rebrand will significantly impact the Hollywood Casino app, which went live in The…
Industry
PENN’s PA Hollywood Online Casino Unveils Rebrand
The Nevada Independent

Indy Gaming: After $600M renovation, what’s next for Las Vegas Convention Center?

LVCVA CEO Steve Hill said the facility now has more than 15.4 million square feet of meeting space -enough to attract additional events. Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to…
Land-based
Indy Gaming: After $600M renovation, what’s next for Las Vegas Convention Center?
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Penn Live

Pa. gaming company begins $206M expansion at Las Vegas-area casino

Berks County-based Penn Entertainment has 43 casinos across the county but only one in the Las Vegas area - M Resort Spa Casino. The gaming company is expanding the casino, which is located on the southeast corner of St. Rose Parkway and Las Vegas Boulevard in Henderson, Nevada by building a second tower at the casino. Penn Entertainment was…
Industry
Pa. gaming company begins $206M expansion at Las Vegas-area casino
columbusmessenger.com

Casino breaks ground on new hotel

On Nov. 28, PENN Entertainment, Inc. held a groundbreaking ceremony for a new hotel at Hollywood Casino, located on the westside of Columbus. "We are thrilled to soon begin construction on a new, state-of-the-art hotel at Hollywood Casino Columbus," said Jay Snowden, CEO and president of PENN Entertainment. "Since opening in 2012, our Columbus…
Industry
US Bets

Groundbreaking Wednesday For PENN’s Relocated Aurora Casino

Hollywood Casino Aurora is making the move from surf to turf, and the ceremonial first shovels will hit said turf on Wednesday afternoon. Located on the Fox River in Aurora, Illinois, as a riverboat casino since 1993, Hollywood Casino is preparing to move to its new location on land adjacent to the Chicago Premium Outlets thanks to an Illinois law…
Land-based
Groundbreaking Wednesday For PENN’s Relocated Aurora Casino
Gambling

PENN Entertainment Hosts Groundbreaking Ceremony For Ohio Casino Expansion

Pennsylvania-based company, PENN Entertainment Inc., is officially undergoing a dramatic expansion of Hollywood Casino Columbus, with a groundbreaking ceremony for a new hotel scheduled for today. "We are thrilled to soon begin construction on a new, state-of-the-art hotel at Hollywood Casino Columbus," said Jay Snowden, CEO and president of PENN…
Industry
PENN Entertainment Hosts Groundbreaking Ceremony For Ohio Casino Expansion
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PENN Entertainment Announces Groundbreaking Ceremony for New Hotel at Hollywood Casino Columbus

WYOMISSING, Pa. & COLUMBUS, Ohio--(BUSINESS WIRE)--PENN Entertainment, Inc. ("PENN" or the "Company") (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for a new hotel at Hollywood Casino Columbus on November 28, 2023 at 1pm ET. "We are thrilled to soon begin construction on a new, state-of-the-art hotel at Hollywood Casino…
Industry
Investor Place

3 Top Performing Stocks in the Online Gambling Industry

The online gambling market is booming. In fact, the market is projected to hit $95 billion in revenue this year. By 2027, it could hit $131.9 billion, as noted by Statista. Better, the number of online gamblers could rally to 233.7 million by 2027, too. All of that should create a massive opportunity for the online gambling stocks below. Helping in…
Finance
US Bets

PENN Entertainment To Rebrand Online Casino After ESPN Deal

PENN Entertainment's Tuesday announcement that it's partnering with ESPN to create ESPN BET sent shockwaves through the sports betting industry. But the news doesn't just impact sports wagering; it also impact PENN's iCasino offerings. Currently, PENN owns the Barstool Sportsbook and Casino app. The new deal means PENN's sports betting platform…
Sports
PENN Entertainment To Rebrand Online Casino After ESPN Deal
disneytouristblog.com

Disney's Getting Into Gambling

The Walt Disney Company announced an agreement with Penn Entertainment to launch ESPN BET, a branded sportsbook for fans in the United States. This post covers details of the partnership and our commentary about the family-friendly company's first foray into sports gambling. According to Disney's announcement, Penn Entertainment will rebrand its…
Industry
Disney's Getting Into Gambling
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The Nevada Independent

Indy Gaming: Boyd has no interest in selling downtown, locals casinos to REITs

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Boyd Gaming had a simple message to real…
Industry
Indy Gaming: Boyd has no interest in selling downtown, locals casinos to REITs
Chicago Sun Times

Hollywood Casino Aurora owners want to move out of downtown, rebuild by I-88

The owners of Hollywood Casino Aurora want to close their facility in downtown Aurora and rebuild it on a site closer to Interstate 88, they announced Monday. The new location would cost about $360 million and include a casino with about 900 slot machines, 50 live table games and a sportsbook, officials at Penn Entertainment said. The current…
Live Gambling
Penn Live

Online gaming profits soar at Hollywood Casino while live slot and table play declines

Soaring revenues from Internet-based gambling propelled the parent company of Hollywood Casino at Penn National Race Course to a handsome third-quarter profit, but in-person wagering on slot machines and table games at its Grantville property continued to slide. Publicly traded Penn Entertainment (PENN) reported third-quarter revenues of $1.63…
Industry
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The Nevada Independent

Indy Gaming: Caesars pulls the plug on its three-year plan to sell a Strip casino

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Caesars Entertainment CEO Tom Reeg wanted…
Sports
Indy Gaming: Caesars pulls the plug on its three-year plan to sell a Strip casino
Daily Herald

Hollywood Casino Aurora owners present plan to move out of downtown, rebuild by I-88

The owners of Hollywood Casino Aurora want to close their facility downtown and rebuild it on a site closer to Interstate 88, they announced Monday. The new location would cost about $360 million and include a casino with about 900 slot machines, 50 live table games and a sportsbook, officials at Penn Entertainment said. The current casino has more…
Land-based
Yogonet

Penn Entertainment to bring Illinois riverboat casinos ashore; add hotel towers to Ohio's Hollywood Columbus and Nevada's M Resort

Penn Entertainment announced Monday that the company is set to pursue four new projects with an overall $850 million budget, including the relocation of its riverboat casinos in Aurora and Joliet, Illinois, to new land-based facilities. Additionally, the business is set to build a new hotel at Hollywood Columbus in Ohio, and a second hotel tower at…
Travel
Patch

Joliet, Aurora Hollywood Casinos On Move: Penn Gaming Confirms

JOLIET, IL - Nearly one year after Joliet Patch broke an exclusive story revealing that Hollywood Casino was looking to relocate its gambling casino and hotel to the new Rock Run Crossings development in Joliet near Interstates 55 and 80, Penn Entertainment Inc. confirmed the news. On Monday morning, Penn also announced it will be moving its…
Sports
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Controversial Las Vegas Casino Operator Plans Huge Expansion

Las Vegas has become so much more than the Las Vegas Strip. Even as Caesars Entertainment (CZR), MGM Resorts (MGM), Wynn Resorts (WYNN), and new players including the massive Resorts World Las Vegas have continued to expand the Strip's offerings, a variety of other players have built downtown Las Vegas and other parts of the city into tourist…
Land-based
Chicago Tribune

Chicago's entry into casino game not deterring suburban sites

After years of delays, the fading casino gambling industry in Illinois is pushing for a comeback - not only by building six new casinos statewide, but replacing existing riverboats with new land-based resorts in Aurora and Joliet. Despite a gigantic casino planned for Chicago, the suburban casinos are betting that they cannot only compete but…
Games
Chicago's entry into casino game not deterring suburban sites
The Nevada Independent

Indy Gaming: Slot company booths teeming with activity at G2E

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz The giant football helmet adorned with the…
Gaming Authorities
Indy Gaming: Slot company booths teeming with activity at G2E
Gambling News

AGA Boss Says $300B Wagered Illegally in the US on Websites and Slot Machines

Details regarding a worrying trend about the existence of a $300 billion illegal gambling market in the US emerged last week during the Global Gaming Expo in Las Vegas, one of the gambling industry's most-anticipated events of the year. During the G2E last week, the American Gaming Association's CEO, Bill Miller, revealed that next month a white…
Law
The Nevada Independent

Gamers seek crackdown on estimated $300 billion illegal gambling market

Reports of a growing illegal gambling market consisting of unregulated slot machines in several states concerned Penn Entertainment CEO Jay Snowden enough to look into it. The regional casino operator has 43 properties in 20 states, including the M Resort in Henderson. Seven of those licensed gaming locations are in its home state of Pennsylvania,…
Law
Gamers seek crackdown on estimated $300 billion illegal gambling market
The Nevada Independent

Indy Gaming: Bally’s says it will close purchase of Tropicana Las Vegas next month

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz More than a year after announcing a deal…
Valentine's Day
Indy Gaming: Bally’s says it will close purchase of Tropicana Las Vegas next month
Toronto News

Ontario online gambling market officially launches

It didn't take long for a wager to be placed in Ontario's fledgling sports-betting industry. Single-game sports betting has been legal in Canada since last summer but the industry didn't fully open in Ontario until 12:01 a.m. on Monday. PointsBet announced just 50 seconds into the launch its "first big wager" in the province was a $500 two-leg…
Industry
Ontario online gambling market officially launches
Y108

New internet gambling market opens in Ontario

WATCH ABOVE: (March 22) Concern surrounds the launch of online casinos in Ontario TORONTO - Ontario's fledgling sports-betting industry is now a full go. Single-game sports betting has been legal in Canada since last summer but the industry didn't fully open in Ontario until Monday. And as of Friday, 25 operators were registered…
Industry
New internet gambling market opens in Ontario
The Street

Controversial Las Vegas Strip Casino Operator May Make a Big Change

Las Vegas never stops changing. In recent months we've learned that MGM Resorts International will sell The Mirage to Hard Rock International while Rival Caesar's Entertainment (CZR) - Get Caesars Entertainment Inc Report plans to rebrand its Bally's property under its Horseshoe brand. That's, of course, because the actual Bally's Corporation…
Land-based
Controversial Las Vegas Strip Casino Operator May Make a Big Change
The Nevada Independent

A buyer’s market: Vegas Strip casinos a hot commodity

High-profile Las Vegas Strip resorts aren't put up for sale every day. Last week, however, Caesars Entertainment and MGM Resorts International, the Strip's two largest operators with a combined 17 properties, each said they wanted to part ways with a hotel-casino. In a year that has seen more than $30 billion in announced mergers and acquisition…
Covid
A buyer’s market: Vegas Strip casinos a hot commodity
Salamanca Press

Convenience One of the More Important Factors Contributing to Growth of Online Gambling

PALM BEACH, Fla., July 7, 2021 /PRNewswire/ -- Online and mobile wagering has grown dramatically during the pandemic and is projected to continue to grow over the several years to come. With the growing use of the internet, the growth rate of online casinos has increased significantly. In addition, growing awareness of the latest technologies and…
Lottery
Convenience One of the More Important Factors Contributing to Growth of Online Gambling
Street Insider

Penn National Gaming Completes Acquisition of Hollywood Casino Perryville Operations

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Accretive Acquisition Expands Penn National's Regional Gaming and Omni-Channel Platform to 20th State WYOMISSING, Pa. & PERRYVILLE, Md.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (PENN: Nasdaq)("Penn National" or the…
Industry
Penn Bets

PA Casinos Aren't Exactly Back To Normal Yet, But They're Getting Close

The rebound of the casino industry from 2020's sad, dark nadir appears to be in full swing in the spring of 2021, with Pennsylvania's properties no exception. National operators, including those with casinos in Pennsylvania, have reported seeing a resurgence of gaming revenue and overall patronage in April-May to accelerate positive trends they…
Travel
PA Casinos Aren't Exactly Back To Normal Yet, But They're Getting Close
PR Newswire

A Growing Acceptance of Online Gambling is Visible Across the Board

FinancialBuzz.com News Commentary NEW YORK, April 8, 2021 /PRNewswire/ -- The shift to a more favorable attitude towards online gambling services is visible across the board. For example, earlier in October, WynnBET, the digital gaming division of Wynn Resorts Ltd. that is responsible for Wynn's mobile sportsbook and casino app, announced a…
Sports
A Growing Acceptance of Online Gambling is Visible Across the Board
CNBC

Coronavirus may sway regulators to allow casinos to say good-bye to cash

Walk into a newly reopened Las Vegas casino and you'll see dealers wearing masks behind plexiglass shields, with sanitizer at the ready for both chips and hands. What you won't see is gamblers paying for their wagers with their cell phones. That's because Nevada doesn't allow digital payments on casino floors. No state does. But that could change -…
Covid
Coronavirus may sway regulators to allow casinos to say good-bye to cash
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