Penn National Gaming's New York Casino Partnership Opens Up State Access

Rhian Hunt, The Motley Fool
·2-min read
Penn National Gaming's New York Casino Partnership Opens Up State Access

Penn National Gaming (NASDAQ: PENN) announced yesterday it has inked a new partnership with a New York casino. The alliance with Rivers Casino & Resort, the DBA ("doing business as") name of Capital Region Gaming, will last for 20 years, assuming it clears regulatory and legislative hurdles, the press release says. Digital gambling and online sports betting companies were facing a potential roadblock in gaining access to New York's huge, and thus probably lucrative, internet gambling market until very recently.