Penn is reportedly further slashing its headcount by 75 people

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Gambling companies have been slashing their workforce at a noticeable pace, from affiliates to suppliers to operators. The latest to dabble in axing employees is Penn Entertainment, which has reportedly enacted a restructuring that impacts at least 75 people and comes only a week after the company announced its Q1 results. The decision affects the Penn Interactive division of the company, responsible for its iGaming and sports betting operations.

Penn Interactive slashes headcount as it navigates a more challenging iGaming landscape

This move more or less coincides with Gambling.com Group, an affiliate company, making a similar decision to slash its own headcount by 25%. In the case of Penn Entertainment, the company has focused on cutting jobs across theScore Bet brand, which was relaunched in the wake of a breakup between ESPN Bet and the betting and gaming operator. TheScore Bet has enjoyed success in Ontario, Canada, and has been trying to carve out a place for itself in the United States, where it has also been rolled out. This is not the first time that PENN has sheared its digital operations, with the company laying off a similar number of people - 75 - back in June 2025. At the time, the company said: These changes reflect the ongoing evolution of our digital business. Under the leadership of key recent product and technology hires, we are structured to advance our online strategy and efficiently grow our business.

Penn maintains a strong iCasino presence in key US states, with Alberta launch on the horizon

Penn Interactive is hoping to capitalize on the pending launch of Alberta, Canada, when the province finally allows iGaming and online sports betting to launch by private companies. Penn is hoping to replicate the success of Ontario in Alberta as well. In the meantime, the company’s interactive brand remains operational in Michigan, New Jersey, Pennsylvania, and West Virginia in the United States. During its Q1 earnings call, Penn defined its strategic goals for its US iCasinodivision as: Dual-brand strategy with theScore & Hollywood Casino to reach a broad range of customer demographics.