Penn National Gaming (PENN) Tops Q2 EPS by 32c
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Penn National Gaming to Acquire Score Media and Gaming, Creating North America’s Leading Digital Sports Content, Gaming and Technology Company
August 5, 2021 7:01 AM EDTTransaction fortifies Penn Nationals bespoke digital media and gaming strategy, creating a complete one-stop destination
Addition of theScore's fully integrated betting and media platform into existing ecosystem will lead to best-in-class engagement and retention
Brings theScores cutting-edge technology in-house, providing Penn with full ownership of product roadmap
Establishes strong commitment to Canada; Levy Family will continue to oversee theScore, including workforce expansion and Ontario operations
Provides adjusted EBITDA accretion by Year 2, an incremental $200mm+ medium term adjusted EBITDA, and... More
Penn National Gaming to Acquire Score Media and Gaming, Creating North America’s Leading Digital Sports Content, Gaming and Technology Company
August 5, 2021 7:01 AM EDTTransaction fortifies Penn Nationals bespoke digital media and gaming strategy, creating a complete one-stop destination
Addition of theScore's fully integrated betting and media platform into existing ecosystem will lead to best-in-class engagement and retention
Brings theScore's cutting-edge technology in-house, providing Penn with full ownership of product roadmap
Establishes strong commitment to Canada; Levy Family will continue to oversee theScore, including workforce expansion and Ontario operations
Provides adjusted EBITDA accretion by Year 2, an incremental $200mm+ medium term adjusted... More
Penn National Gaming Reports Second Quarter Revenues of $1,545.8 Million, Net Income of $198.7 Million, Adjusted EBITDAR of $586.6 Million, and Adjusted EBITDA of $470.1 Million
August 5, 2021 7:00 AM EDT- PENN Generated Second Quarter Net Income Margin of 13% and Second Quarter Adjusted EBITDAR Margin of 38%, Driven by Strong Demand from Core Gaming Business and More Efficient Cost Structure -
- Focus Remains on Sustaining Core Gaming Business Margin Improvement and Driving Profitable Online Gaming Revenue -
- Penn National to Acquire Score Media and Gaming, Creating North America's Leading Digital Sports Content, Gaming and Technology Company -
WYOMISSING, Pa.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (NASDAQ: PENN) (Penn National or the... More
