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PENN Entertainment Partners with Historically Black Colleges and Universities to Expand STEM Scholarship Program

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New participating HBCUs include Jackson State University, Prairie View A&M University and Southern University and A&M College

Wyomissing, PA, November 29, 2022–(Business Wire) — PENN Entertainment (NASDAQ: PENN ) (“PENN” or the “Company”) announced today that it has partnered with historically black colleges and universities to expand its science, technology, engineering and math (“STEM”) Scholarship Program (“HBCU”). Penn is pleased to partner with three new participating universities: jackson state university in mississippi Prairie View A&M the University in Texas and Southern University and A&M College in Louisiana. The program now has a total of six HBCUs.

Through this initiative, PENN is committing more than $4 million over five years to fund STEM scholarships at HBCUs in the states in which it operates and to create internships at companies. Initial participating HBCUs include Norfolk State University in Virginia, Bowie State University in Maryland and Wilberforce University in Ohio.

“As a company at the forefront of technology, we launched this program to increase access to STEM opportunities for HBCU students and create a real-world, hands-on learning experience,” said Justin Carter, senior vice president of HBCU Regional Operations. Chair of PENN Entertainment and the Corporate Diversity Committee. “The addition of these three respected universities deepens our broad support for HBCUs and expands our efforts to advocate for diversity, equity and inclusion in the communities where we operate. STEM careers account for jobs in today’s economy Growing share, we are committed to closing the representation gap in STEM fields and empowering students in this program for years to come.”

PENN’s commitment to funding STEM scholarship and internship opportunities is an extension of the company’s partnerships with 35 HBCUs across the country. Ongoing partnership with HBCUs promotes career opportunities at PENN properties while increasing participation in PENN Entertainment’s (“LEAP”) Leadership Excellence Program, which provides new or recent college graduates with hands-on training, mentorship and real-world A world of experience interested in building a long-term career in the games industry.

About Penn Entertainment

PENN Entertainment, Inc. (Nasdaq: PENN ) is North America’s leading provider of integrated entertainment, sports content and casino gaming experiences. PENN operates 43 hotels in 20 states, online sportsbooks in 15 jurisdictions and iCasino in 5 jurisdictions under brands including Hollywood Casino®, L’Auberge®, Barstool Sportsbook® and theScore Bet Sportsbook and Casino®. PENN’s highly differentiated strategy focused on organic cross-selling opportunities is enhanced by investments in market-leading retail casinos, sports media properties, technology including a state-of-the-art, fully integrated digital sports and online casino gaming platform and in-house iCasino Content Studio. The company’s product portfolio is further supported by its industry-leading mychoice® customer loyalty program, which provides our approximately 26 million members with a range of unique rewards and experiences across business channels. PENN is firmly committed to fostering a culture that welcomes diverse clients and dedicated team members. The company has consistently ranked in the top two for the past nine years in Bristol Associates-Spectrum Gaming’s Executive Satisfaction Survey and has been named an Employer of Choice. In addition, as a long-standing good corporate citizen, PENN is committed to being a trusted and valued member of its community and a responsible steward of our finite natural resources.

View source releases on businesswire.com: https://www.businesswire.com/news/home/20221129005810/en/

contact person

media:
Eric Chips
Senior Vice President of Public Affairs
Penn Entertainment
610/373-2400

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