Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.
Penn lays off some ESPN Bet employees
Less than a year after launching its ESPN Bet platform, and about three years after buying Canadian-based theScore, Penn Entertainment announced layoffs.
Front Office Sports on Wednesday (17 July) tweeted a letter from Penn CEO Jay Snowden to employees. In the letter, Snowden says the company will be “implementing changes” to “streamline the reporting lines”. He also wrote that this process will “result in a limited number of team member separations”.
PENN Entertainment—the gambling company behind ESPN Bet—had a round of layoffs, including multiple employees who focused on ESPN Bet, a source tells @FOS. (Layoffs first reported by @DustinGouker)
Here's an email that was sent to employees this afternoon from the company's CEO: pic.twitter.com/zW7LKOVI9U
— A.J…
