PENN says interactive losses are largely behind it as Alberta launch tracks Ontario share
Deals & M&A1 min read
PENN Entertainment's chief executive said losses in its interactive unit are largely behind the business, according to the report. The company also said its early performance in Alberta was in line with the market share it had built in Ontario.
The chief executive of PENN says losses at the interactive unit are "largely in the rearview mirror". The company that owns Hollywood Casino also noted that its first results in Alberta are comparable to the share of the Ontario market it has built up.