Texas gambling push on tap for PENN Entertainment after midterm elections
Photo: SBC Americas
KEY TAKEAWAYS PENN Entertainment will step up lobbying efforts in Texas after Republican Gov. Greg Abbott and Lieutenant Governor Dan Patrick were ousted in the midterm elections on Nov. 3. PENN operates two of the three Class I thoroughbred racetracks in the state and believes it stands to gain more than competitors if the state expands gambling in the coming years. CEO Jay Snowden hopes to see movement in other states, citing potential iGaming expansion in Ohio. PENN Entertainment was encouraged by the midterm election results in several states, with a new opportunity for Texas gambling emerging.
Source: SBC Americas
