Penn Entertainment slashes 75 jobs in latest restructuring wave
Penn Entertainment has cut at least 75 jobs in its latest restructuring move. The decision follows a similar round of layoffs in June 2025 and comes just a week after the company released its first-quarter financial results. The changes primarily target the Penn Interactive division, which oversees online gaming and sports betting operations. The job cuts focus heavily on theScore Bet brand, a key part of Penn’s interactive portfolio. Despite the reductions, the company’s online gambling services remain active in Michigan, New Jersey, Pennsylvania, and West Virginia.
Penn’s long-term plan includes a dual-brand approach for its US iCasino division, combining theScore with Hollywood Casino. The company also aims to expand into Alberta, Canada, where online gambling regulations are set to change soon. The move mirrors broader industry trends. Gambling.com Group recently announced its own 25% workforce reduction. Meanwhile, theScore Bet has seen strong performance in Ontario, Canada, where it continues to operate successfully.
The restructuring affects 75 employees, matching the number let go last year. Penn Interactive will continue running its US platforms while preparing for new opportunities in Alberta. The company’s strategic focus remains on balancing cost cuts with growth in key markets.
