Penn Entertainment is reportedly carrying out another round of layoffs, with more than 75 employees said to be leaving the company’s interactive division as the operator continues to reshape its online betting business.
According to industry reports, the cuts affect several layers of the company’s digital operations, including teams connected to theScore Bet brand in Canada and the United States. Some senior-level positions are also believed to be impacted.
The latest layoffs come shortly after Penn published its first-quarter 2026 financial results, where the company reported $1.4 billion in revenue and highlighted positive momentum in both online sports betting and iGaming operations. Penn executives described the quarter as “solid,” with encouraging growth signs across the business.
Despite those results, the company has continued to reduce costs following the disappointing performance and eventual retreat of the ESPN Bet strategy. Penn later shifted focus back toward theScore Bet, particularly in the Canadian market, where Ontario remains a key region for the brand. The operator is also expected to target expansion opportunities tied to Alberta’s upcoming regulated online gambling market.
The reported layoffs follow earlier workforce reductions carried out in late 2025 and during the previous summer. Reports indicate the affected interactive division previously employed more than 500 people before the latest cuts.
Penn’s online division has struggled to match the performance of major competitors in the U.S. sports betting sector, while the company’s land-based casinos still generate the majority of its revenue. At the same time, its iCasino business showed stronger performance in Q1, with segment revenue reportedly rising 15% year-on-year to $70.9 million.
The move also reflects wider changes across the gambling industry, where operators are increasingly restructuring operations, cutting costs, and investing more heavily in AI-driven technologies and automation.