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Penn warned that much more stringent requirements would needlessly slow down the rollout of sports betting in Arizona — and therefore delay the anticipated gusher of new gambling tax revenue. Penn planned to use the Barstool name to produce a sports-betting app and site, which executives hoped would also present digital casino games like blackjack. In addition, Penn planned to rebrand sports-betting venues inside its casinos as Barstool Sportsbooks and to open Barstool-branded bars and restaurants. The firm that would develop into Penn Entertainment got its commence in 1972 as a thoroughbred horse racetrack in Grantville, Pa. Over the years, Penn grew into 1 of the country’s largest gambling providers, operating extra than 40 casinos under the Hollywood, L’Auberge and other brands. Alternatively of flooding the airwaves with advertisements, Penn Entertainment’s play was to slap Barstool’s brand onto a new on the web sports-betting platform as well as brick-and-mortar casinos.
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