Betting Firms Slash Jobs Amid Industry Slowdown and AI-Driven Restructuring

Penn Entertainment has laid off more than 70 employees in its interactive division, with the company citing AI integration as a major factor in the decision.

The affected division focuses on digital and online betting operations. The company has not released a statement regarding severance or transition plans for the laid-off workers.

This move follows a trend of AI-driven workforce reductions across multiple industries, including technology, finance, and retail. Penn Entertainment’s layoffs are part of a pattern where companies cite automation as a driver for job cuts, while also responding to market conditions. The broader betting industry has faced regulatory pressures and shifting consumer habits.