Leadership Transition at PENN Entertainment with theScore Founding Family Stepping Down
PENN Entertainment, Inc. announced a significant leadership transition within its PENN Interactive division, with the founding family of theScore—John Levy, Benjie Levy, Aubrey Levy, and Noah Levy—set to depart from their roles. John Levy will leave in mid-February, while Benjie, Aubrey, and Noah Levy will exit in April 2024. This change coincides with the nearing completion of PENN’s search for a new Head of Interactive.
A Seamless Transition at a Strategic Juncture
Jay Snowden, CEO and President of PENN Entertainment, emphasized that this transition arrives at a pivotal moment, following the successful migration to PENN’s proprietary technology platform, record results from theScore’s media and betting business, and the promising launch of ESPN BET. Snowden praised the Levy family for their entrepreneurial spirit and pioneering contributions to the sports media and gaming industry, expressing confidence in the experienced team at PENN Interactive to ensure a smooth transition and continued growth in online gaming and sports media.
Reflecting on Achievements and Future Prospects
Benjie Levy, reflecting on the journey with PENN, expressed gratitude towards Jay Snowden, Todd George, and the entire PENN team for their support in merging the organizations and executing a unique integrated media and betting strategy. He highlighted the focus on developing industry-leading technology and fostering a world-class team, expressing pride in the team’s accomplishments and optimism for its future endeavors.
Milestones under the Levy Leadership
Since PENN’s acquisition of Score Media and Gaming Inc. (“theScore”) in October 2021, the integrated PENN Interactive unit, led by Benjie Levy with John Levy as Executive Chairman of theScore, has solidified PENN’s status as an online gaming leader. Notable achievements include maintaining a leading position in Ontario with theScore Bet, transitioning to a proprietary technology platform, and launching ESPN BET.
John Levy credited the success of theScore and its enduring impact on fans to the dedicated team’s efforts in delivering an integrated media and betting experience. He affirmed the strategic vision behind theScore and ESPN BET’s success and its ongoing influence in distinguishing PENN’s online gaming operations.
Conclusion
The departure of the Levy family from PENN Entertainment marks the end of an era and the beginning of a new chapter for the company. With a strong foundation laid by the Levys, PENN Interactive is poised for continued innovation and leadership in the online gaming and sports media landscape.
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