Clicky

Penn National Extends Barstool Sportsbook Footprint to Michigan and Indiana - PennsylvaniaCasinos.com News : PennsylvaniaCasinos.com News
barstool-sportsbook
Published on
Update on

Penn National Gaming has ended the year on a very high note through the launch of three Barstool Sportsbooks.  These launches are a great milestone in the Pennsylvania-based gaming company’s very ambitious expansion plans. Sports bettors in both states can therefore look forward to some very robust sports betting services going forward.

Speaking on the launches, Penn National’s Senior Vice President of Regional Operations Rafael Verde pointed out that “the new designs incorporate the spirit of the Barstool Sports brand”. As such, their customer will be treated to very unique sports betting and dining experiences.

For anyone who is itching to try out the new Barstool Sportsbook offerings, they are based at Greektown Casino Hotel in Detroit, Michigan, Holly Casino Lawrenceburg in Indiana, and Ameristar East Chicago Casino & Hotel.

Just in Time

Besides letting the company kick off 2021 on a rather high note, the new launches are also pretty timely as they come as operational restrictions loosen across the United States. The Michigan launch, for instance, came just as the state’s three commercial casinos reopened following the state-ordered three-week shutdown. This, like most other things this year, was a result of health and safety concerns due to the coronavirus pandemic.

The extension of the company’s footprint in both states is not too surprising especially considering that it already had a presence in both states. Penn National Gaming already had two casinos in Indiana and some presence in Michigan.

It also very helpful that the gaming and hospitality operator currently owns a chunky 36 percent stake in Barstool Sports. Ventures into any other regulated market across the United States are thus bound to be much easier to pull off.

Maryland Next in Line

One of the other regulated gaming markets that Penn National Gaming currently has its sights set on include Maryland. The company has already entered into a definitive agreement with Gaming and Leisure Properties, Inc. to acquire the operations of Hollywood Casino Perryville, MD. This acquisition deal is estimated to be worth upwards of $3.1 million in cash. As expected, this is still subject to working capital adjustments.

Maryland just recently legalized online gambling after the overwhelming passage of Question 2 on Election Day. It is now expected to be a very lucrative online gambling space, one that Penn National Gaming will certainly not be willing to miss out on. Give the company’s track record in other states including Pennsylvania, its success in Maryland is almost guaranteed.

Latest Headlines

PGCB Green Lights Cumberland County Category 4 Casino

Pennsylvania’s already massive gambling market has received yet another big boost thanks to a recent move by the state’s gambling control board. Members of the gaming control board unanimously voted to award a Category 4 casino license to the W Cumberland Op. Co., (Greenwood Gaming & Entertainment, Inc, operator of Parx Casino). This will allow […]

Online Gambling Continues to Thrive in Pennsylvania

In 2021, Pennsylvania once again proved that it has one of the most vibrant gambling markets in the United States. Despite all the setbacks that arose as a result of the COVID-19 pandemic, the sector managed to weather the storm well. Recent revenue reports from the state gaming regulator have affirmed that the gambling sector […]

Live! Casino Pittsburgh to Undergo Expansion

It has been a little over a year since Live! Casino Pittsburgh began operating in the Keystone State. After establishing itself in the state, the operator is now looking to do even better through some upgrades. The expansion plans for the Westmoreland property will encompass a variety of new offerings to the facility thus pushing […]

22 December Opening Date Set for Hollywood Casino Morgantown

The Keystone State’s gambling sector will this month add one more casino to its list of operators. Penn National Gaming, Inc.’s highly anticipated casino in Morgantown will finally open its doors to the public on Wednesday, December 22. The launch of the Category 4 Satellite Casino or mini-casino is still pending regulatory approvals but there […]

Pennsylvania Sets Record Commercial Gambling Revenue

The month of October was yet another great month for gaming in the Keystone State. According to the Pennsylvania Gaming Control Boards’ (PGCB) latest press release, the commercial gambling sector in the state brought in a whopping $425,916,762 in October 2021. This is now the highest amount the state brought since July 2021. It also […]

Similar Stories in Gambling

22 December Opening Date Set for Hollywood Casino Morgantown

The Keystone State’s gambling sector will this month add one more casino to its list of operators. Penn National Gaming, Inc.’s highly anticipated casino in Morgantown will finally open its doors to the public on Wednesday, December 22. The launch of the Category 4 Satellite Casino or mini-casino is still pending regulatory approvals but there […]

Penn National Launches First Mini-Casino in the Keystone State

Penn National Gaming moved from being an opposer of the state’s Category 4 satellite casino plans to being the first operator to launch such an operation in Pennsylvania. As expected, the grand opening of Hollywood Casino York came with a ton of hype of excitement. Gamblers in York County can now access the $120-million state-of-the-art […]

Barstool Sportsbook Coming to Pennsylvania Soon

Penn National Gaming, one of the most popular casino and entertainment operators in Pennsylvania is preparing to bring the first East Coast Barstool Sportsbook and bar. The operator plans to have this at its Hollywood Casino York, a mini-casino development that it will be launching later this year. Needless to say, this will be a […]

Penn National Fast Tracks Plans for Hollywood Casino York’s Launch

Penn National Gaming’s Hollywood Casino York has been one of the most anticipated developments in the Keystone State. Initially set to open its doors sometime in 2020, the operation was suffered a major setback just like many other businesses across the state due to the coronavirus pandemic. Thankfully, as things begin to change for the […]