Penn CEO Jay Snowden said he hopes to be in every legally viable state by the end of 2021. Penn and Caesars join Las Vegas Sands, MGM Resorts International, and Wynn Resorts on the oft-cited stock index.īarstool launched its sportsbook in Illinois earlier this month ahead of March Madness and is also live in Michigan and Pennsylvania. A year after buying 36% of Barstool Sports for $163 million, Penn National Gaming is joining the S&P 500. The index of 500 large companies also welcomed Caesars in a reshuffle that signals a belief in the growing prominence of gambling.
