penn national gaming online sports betting

There is some logic to this shift from a resource-allocation perspective.

Barstool Sportsbook is available in all of those states as well, but Rybaltowski notes that it’s not currently possible for theScore Bet customers to transfer their accounts or balances to Barstool, and it’s not clear if theScore’s obtained skins ( market access agreements) in those states will easily transfer to Barstool. TheScore Bet was operating in New Jersey, Colorado, Iowa, and Indiana. “Bringing together theScore’s powerful mobile sports media platform with Barstool Sportsbook in a unified ecosystem, supported by our in-house technology and custom integrations, will strengthen the overall U.S. Key to our strategy is integrating theScore media app with Barstool Sportsbook, which we’re currently working towards,” Benjie Levy, president and COO of theScore, told Sports Handle. … “This move enables us to maximize the value of both brands through our organic media and gaming approach.

While Penn asserted at the time that it sought to operate theScore as a standalone business, Wednesday’s move allows theScore to strategically deploy resources in Canada, where it ranks as the nation’s most popular sports media app. The move comes nearly eight months after Penn National Gaming completed a $2.1 billion cash-and-stock acquisition of theScore. border, with the ultimate goal of migrating Barstool Sportsbook onto the company’s in-house risk and trading platform in the relatively near future. With the closure, theScore will shift focus to accelerating its growth in Ontario and expanding its technology roadmap north of the U.S. sports betting operations effective July 1. Here’s more on that from Matt Rybaltowski at SportsHandle:įlourishing in its home nation since the debut of the Ontario iGaming market in April, theScore alerted customers on Wednesday that it will discontinue its U.S. betting operations as of July 1 and pointing customers there towards Barstool Sportsbook while shifting their own focus to Canada. There’s now some more detail on how that will look going forward, with theScore announcing Wednesday that they’ll discontinue their U.S. Penn National already owned a majority stake in Barstool Sports thanks to a 2020 deal, and they described theScore as “a powerful complement to the reach of Barstool Sports” in their release announcing last year’s deal.

Last August, gaming company Penn National announced the acquisition of Score Media and Gaming, the parent company of sports media website/app theScore and their theScore Bet betting operation.

Penn national gaming online sports betting