PENN Entertainment CEO Jay Snowden said on a third-quarter earnings call that the company plans to increase lobbying in Texas for gambling expansion. PENN operates two thoroughbred racetracks in the state and said it is prepared to advocate for any proposals that emerge.
PENN’s planned lobbying could shape gambling expansion proposals in Texas, where it operates two thoroughbred racetracks.
Quarter ended 30 June 2026
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PENN Entertainment has put $20m into its Alberta operations, chief executive and president Jay Snowden said. The spend is intended to extend the company's Ontario performance and bring its digital arm closer to profit.
PENN Entertainment is preparing for a more competitive market for customer acquisition around the NFL season, chief executive Jay Snowden said. He attributed the expected pressure to prediction-market platforms competing for online sports betting customers.
PlayUSA reported, citing Front Office Sports, that PENN, BetMGM and Flutter executives expected intense competition around the NFL season. Flutter also planned to combine FanDuel Predicts with its broader app before regular-season play.
US District Judge Jacqueline Scott Corley granted a preliminary injunction in Blue Lake Rancheria v. Kalshi in California on Wednesday. The order bars Kalshi from offering sports contracts on the plaintiff tribes’ lands and requires the tribes to provide boundary maps by 13 November; Kalshi must report its compliance steps within 21 days.
A San Francisco federal judge has blocked Kalshi from listing sports event contracts on land belonging to the California tribes that are suing it. Judge Jacqueline Scott Corley, who sits in the Northern District of California, granted the tribes a preliminary injunction on Wednesday in the case Blue Lake Rancheria v. Kalshi.
The Philippine Amusement and Gaming Corp (Pagcor) said the country’s gaming sector generated PHP83.72 billion in gross gaming revenue in the third quarter of 2026, down 11.4% year on year and 5.0% from the previous quarter. Electronic gaming revenue fell 22.9% to PHP35.28 billion, while licensed commercial casinos generated PHP45.38 billion and Pagcor-operated casinos PHP3.03 billion.
The Philippine gaming sector, non-casino operations included, generated PHP83.72 billion (US$1.33 billion) in gross gaming revenue in the third quarter of 2026, 11.4% less than a year before. According to a Friday press release from the regulator, the Philippine Amusement and Gaming Corp (Pagcor), the GGR tally fell 5.0% sequentially.