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PENN Entertainment Announces Interactive Leadership Transition Scheduled for April 2024

Retrieved on:

Wednesday, January 31, 2024

Casino, Gaming, General Sports, Entertainment, Sports, Partnership, Plaion, Head, Penn Entertainment, Interactivity, Bet, Executive, ESPN, Organization

PENN Entertainment, Inc. (“PENN” or the “Company”) (NASDAQ: PENN) announced today that the founding family behind theScore -- John Levy, Benjie Levy, Aubrey Levy and Noah Levy – will be stepping down from their roles at PENN Interactive, with John departing in mid-February and with Benjie, Aubrey and Noah departing in April 2024.

Key Points:

PENN Entertainment, Inc. (“PENN” or the “Company”) (NASDAQ: PENN) announced today that the founding family behind theScore -- John Levy, Benjie Levy, Aubrey Levy and Noah Levy – will be stepping down from their roles at PENN Interactive, with John departing in mid-February and with Benjie, Aubrey and Noah departing in April 2024.
In conjunction with this planned leadership transition, the Company is in the final stages of its search for a new Head of Interactive.
“The Levys are a family of successful entrepreneurs and are truly pioneers in the sports media and gaming industry.
I am very proud of what we’ve been able to accomplish with them, including the development of an extremely deep and talented bench at PENN Interactive.

Cycode Introduces Complete Approach to Application Security Posture Management (ASPM)

Retrieved on:

Tuesday, November 14, 2023

With this launch, Cycode delivers the capabilities needed for a complete approach to ASPM, enabling security and development teams to align, build trust and collaborate on maintaining strong application security posture.

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With this launch, Cycode delivers the capabilities needed for a complete approach to ASPM, enabling security and development teams to align, build trust and collaborate on maintaining strong application security posture.
“Today, many organizations face hefty application security backlogs packed with mis-prioritized security findings and inadequate resources to address them while the application attack surface continues to expand,” said Jim Mercer, Research Vice President of DevOps and DevSecOps at IDC.
Cycode prides itself in introducing a new philosophy that fosters improved collaboration between security and development teams, transforming Developer Security into a team sport.
“We believe developer security is a team sport not just between security and development teams, but industry-wide,” said Lior Levy, Co-founder and CEO, Cycode.

PENN Entertainment and ESPN Enter into Long-Term Exclusive Strategic Alliance for U.S. Online Sports Betting

Retrieved on:

Tuesday, August 8, 2023

PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it has entered into a transformative, exclusive U.S. online sports betting (“OSB”) agreement with ESPN, Inc. and ESPN Enterprises, Inc (together, “ESPN”).

Key Points:

PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it has entered into a transformative, exclusive U.S. online sports betting (“OSB”) agreement with ESPN, Inc. and ESPN Enterprises, Inc (together, “ESPN”).
PENN will discuss the ESPN transaction as well as its second quarter 2023 results on its previously scheduled conference call and webcast tomorrow morning at 9:00 a.m.
For further information, the Company has posted a presentation to its website regarding the transaction, which can be found here .
ESPN Bet will be deeply integrated with ESPN’s broad editorial, content, digital and linear product, and sports programming ecosystem.

PENN Entertainment Completes Migration of Barstool Sportsbook & Casino to Proprietary Technology Platform

Retrieved on:

Friday, July 14, 2023

Other Entertainment, General Entertainment, Mobile Entertainment, Technology, Apps, Applications, Electronic Games, Casino, Gaming, Entertainment, Interactivity, Plaion, Steve Jackson Games, Inc. v. United States Secret Service, Penn Entertainment, Acquisition, MLB, Video game

PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) is pleased to announce that it has released a new and improved Barstool Sportsbook & Casino following the successful full-scale migration to the Company’s proprietary online gaming technology platform (“PENN Interactive Gaming Platform”).

Key Points:

PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) is pleased to announce that it has released a new and improved Barstool Sportsbook & Casino following the successful full-scale migration to the Company’s proprietary online gaming technology platform (“PENN Interactive Gaming Platform”).
The migration to PENN’s custom technology stack in the U.S. is a major achievement that brings all components of its online gaming operation in-house and significantly enhances the Barstool Sportsbook product offering.
The migration to the state-of-the-art technology platform was completed simultaneously across all 16 jurisdictions where Barstool Sportsbook operates during the MLB All-Star Break.
With this proven technology powering a significantly enhanced Barstool Sportsbook, we are primed to deliver a world class online sportsbook and casino experience to customers in the U.S.”

INSPIRED REPORTS FIRST QUARTER 2023 RESULTS

Retrieved on:

Wednesday, May 10, 2023

New Contracts – Inspired signed the following new contracts in the first quarter 2023:

Key Points:

New Contracts – Inspired signed the following new contracts in the first quarter 2023:
Mozzarbet for Virtuals Plug and Play in three new African territories.
The full rollout of 6,500 "Vantage" terminals to these two major customers is expected to be complete by the end of 2023.
Currency Movement represents the difference between the results in our reporting currency (USD) and the results on a functional currency at constant rate basis.
ET / 2:00 p.m. UK on Wednesday, May 10, 2023 to discuss the financial results and general business trends.