Penn National Gaming Takes Six Percent Stake in PointsBetWritten by: Todd Shriber

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Penn National Gaming (NASDAQ:PENN) continues spreading its wings beyond US borders, and is now the major shareholder in Australia’s PointsBet (OTC:PBTHF). In a new regulatory filing, the Australian sportsbook operator reveals that Penn’s Penn Interactive Ventures (PIV) unit owns 16.5 million shares, or 6.27 percent of the voting equity. The filing is made with Australian
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