iGaming platform provider White Hat Gaming has signed a long-term multi-state Player Account Management (PAM) contract with Penn National Gaming, Inc.
Penn National seeks to integrate White Hat Gaming and enter the online sports betting market, which is permitted in numerous states and in several states awaiting regulatory clearance. Penn National seeks to make a big splash by announcing real money offers online in multiple states by the third quarter of 2020.
The deal marks Penn Nationals foray into the online gaming, gambling and betting markets. A recognition of the immense potential of online sports betting. Online sports betting breaks down physical barriers, no longer will Penn have to take multiple clearances and build a physical casino where customers will be able to come in large numbers only on weekends and holidays
White House Gaming’s platform adheres to regulatory compliance in all states; thus, Penn National will not have to worry about running into regulatory hurdles. The platform is also modular and highly-scalable. Thus, Penn National will not have to worry about shifting to some other platform or making changes if the user base exceeds a certain number. The system will not slow down, making the whole gaming process tedious.
White Hat Gaming’s CEO, Phil Gelvan, said that it was an honor to be associated with Penn National Gaming. Sounding optimistic about the future of the partnership, he said,
In Penn National, we have found an ideal partner, who shares our passion for the consumer gaming experience and is committed to the highest standard of regulation. We look forward to partnering with them to build one of the leading businesses in American sports betting and online casino.
Echoing the sentiment Jeff Kaplan, VP of Strategy and Finance for Penn Interactive Ventures (PIV), said,
The team at White Hat shares our vision for providing the best in class, intuitive product experience for our customers.
White Hat Gaming is integrated with sports betting service provider Kambi Group plc, and many iGaming content providers with over 30 internationally known brands. All of its products are modular and highly scalable and can fully satisfy all the requirements of different customers.
Penn National operates 41 gaming facilities in 19 states in the US. It operates gaming and racing facilities, video gaming terminals, slot machines, etc.