Levy Family Steps Down from Leadership Roles at PENN Interactive

The gaming and sports media industry is undergoing a significant leadership shift as the Levy family, comprised of John Levy, Benjie Levy, Aubrey Levy, and Noah Levy, steps down from their positions at PENN Interactive, a subsidiary of PENN Entertainment, Inc. This move is part of a planned transition, with John Levy departing in mid-February and the rest of the family following suit in April 2024.

The Levys played crucial roles in integrating theScore with PENN Interactive after the acquisition of Score Media and Gaming Inc. by the gambling giant in October 2021. Under their leadership, theScore and PENN Interactive successfully merged, with Benjie Levy heading the interactive division and John Levy serving as the executive chairman of theScore.

PENN Entertainment's CEO and President, Jay Snowden, expressed his gratitude for the Levy family's contribution to the company's integrated media and betting strategy. He commended their entrepreneurial spirit and their pioneering role in the sports media and gaming industry, emphasizing their shared dedication to innovation.

Benjie Levy, who will leave his role as the head of interactive, played a pivotal role in several significant milestones for Penn Interactive, including the successful sale of Barstool Sports and the $1 billion ESPN deal. As Penn Entertainment searches for a replacement for Benjie Levy, the company aims to continue its growth in the online gaming and sports media space.

John Levy's departure in mid-February, along with the rest of the family in April, marks a smooth management transition for PENN Interactive, ensuring minimal disruptions. Although the Levys have not disclosed their post-departure plans, their significant success in the industry suggests they will remain involved.

Benjie Levy expressed his satisfaction with the partnership between the Levys and Penn, highlighting the successful merger of the two organizations and their integrated media and betting strategy. He emphasized their shared vision and the creation of a world-class working environment.

With the Levy family's departure, PENN Entertainment looks forward to a seamless transition and continued growth as a leader in online gaming and sports media. The company aims to leverage its resources and maintain its momentum throughout 2024, cementing its position in the industry.