The founding family of theScore is stepping down from their roles at PENN Interactive, a subsidiary of PENN Entertainment, Inc. This strategic leadership transition comes after the successful launches of ESPN Bet and theScore Bet, with the operator focusing on consolidating its offerings and preparing for further growth in 2024.
The Levy family, which includes John Levy, Benjie Levy, Aubrey Levy, and Noah Levy, played pivotal roles in integrating theScore with PENN Interactive after the acquisition of Score Media and Gaming Inc. in October 2021. This involved bringing the two entities together under the leadership of Benjie Levy as head of interactive and John Levy as executive chairman of theScore.
PENN Entertainment expressed gratitude for the Levy family’s contribution to its successful integrated media and betting strategy, with CEO and president Jay Snowden emphasizing their entrepreneurial spirit and pioneering role in the sports media and gaming industry.
Now, PENN Entertainment is actively searching for a replacement for Benjie Levy, who was instrumental in significant milestones for Penn Interactive, including the successful sale of Barstool Sports back to David Portnoy and the $1 billion ESPN deal.
John Levy will depart Penn in mid-February, while the rest of the family will leave in April 2024 to ensure a smooth management shift and avoid disruptions. Benjie Levy expressed his happiness with the Penn partnership and the successful merger of the two organizations, highlighting their shared vision and efforts to foster a world-class working environment.
The departure of the Levy family marks a significant transition point for PENN Interactive. With a robust and experienced team, the company aims for a seamless leadership transition and continued growth as a leader in online gaming and sports media. They hope to fully leverage their resources and maintain impressive momentum going into 2024.