Business
Penn National Gaming Approved to Offer Mobile and Online Barstool Sportsbook in Louisiana
WYOMISSING, Pa.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (Nasdaq: PENN)(“Penn National” or the “Company”) announced today it has received approval from
About this update from Penn Entertainment, Inc.
[{"type":"text","content":" WYOMISSING, Pa.--(BUSINESS WIRE)--\nPenn National Gaming, Inc. (Nasdaq: PENN)(“Penn National” or the “Company”) announced today it has received approval from the Louisiana Gaming Control Board (“LGCB”) to offer online sports betting in the state. Penn National expects to launch its Barstool Sportsbook mobile app and desktop product tomorrow morning, January 28th, at 8:00am CST, pending any final regulatory approvals.\n\n“We are thrilled to be launching our Barstool Sportsbook online sports betting product in Louisiana, which will provide our retail casino customers and mychoice loyalty program members another exciting way to enjoy our unique entertainment offerings,” said Jay Snowden, President and CEO of Penn National. “Louisiana marks the twelfth state where we operate the Barstool Sportsbook mobile app, and as in the other states, I’m confident that customers will enjoy engaging with Dave Portnoy, Dan ‘Big Cat’ Katz and other Barstool fan favorites, and we’re offering a number of promotional wagers on the app to help celebrate the launch.”\n\n“I want to thank the LGCB and their staff for their time and effort in reviewing and approving our application. We look forward to adding Louisiana to our portfolio of states where we operate online sports betting as we continue our Company’s evolution into the leading omni-channel provider of retail and online gaming, live racing and sports betting entertainment,” concluded Mr. Snowden.\n\nPenn National operates five gaming facilities in Louisiana – Boomtown Bossier City, Boomtown New Orleans, L’Auberge Baton Rouge, L’Auberge Lake Charles and Margaritiville Resort is Bossier City.\n\nAbout Penn National Gaming\n\nWith the nation's largest and most diversified regional gaming footprint, including 44 properties across 20 states, Penn National is a highly innovative omni-channel provider of retail and online gaming, live racing and sports betting entertainment. 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. 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 i...