Nasdaq-listed Penn National chose White Hat Gaming as its online PAM provider after a highly competitive selection process and will integrate with the White Hat platform before embarking on a multi-state real money online rollout.
Legal sports betting is currently active or pending in numerous states where Penn National operates gaming properties, potentially giving Penn National unrivalled access to regulated sports betting markets across the country. The first launches are due to take place in the third quarter of 2020.
“It is an honor to be working with an organization of the size and reputation of Penn National Gaming,” said Phil Gelvan, White Hat CEO. “In Penn National, we have found an ideal partner who share our passion for the consumer gaming experience and are committed to the highest standard of regulation. We look forward to partnering with them to build one of the leading businesses in American sports betting and online casino.”
The deal gives Penn National access to White Hat Gaming’s full-service platform, which is modular, highly scalable, and according to the company, proven to enhance the consumer experience in regulated markets. It drives commercialization in an efficient but also responsible manner, said White Hat, bringing to bear the highest standards of regulatory compliance.
“We’re proud to be partnering with a leading platform provider like White Hat Gaming,” said Jeff Kaplan, vice president of strategy and finance for Penn Interactive Ventures (PIV). “The team at White Hat shares our vision for providing a best in class, intuitive product experience for our customers.”
