Penn National Signs Five Major Sports Betting Deals with Industry Giants

Penn National Gaming announced on Wednesday five major partnerships that will help the casino operator claim a larger share of the rapidly growing US regulated sports betting market.

Through its wholly owned subsidiary Penn Interactive Ventures, Penn National will manage the newly penned multi-year, multi-state agreements that all involve the provision of online sports betting and online gaming services.

In a press release issued Wednesday, Penn National announced that it has entered into agreements with sports betting operators DraftKings, PointsBet, theScore, and The Stars Group. Penn Interactive Ventures will manage the newly established relationships.

In addition to joining forces with the major operators, Penn National also announced that it has inked an agreement with sports betting technology provider Kambi Group, under the terms of which the latter would power the company’s primary sports gambling and online gaming ventures.

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