---
title: "Penn Entertainment and Gambling.com Announce Job Cuts Amid AI Shift"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286652182.md"
description: "Penn Entertainment and Gambling.com Group have announced significant job cuts, with Gambling.com reducing 25% of its workforce and Penn cutting over 75 roles. These layoffs are attributed to pressures from AI adoption and competition in the sports betting sector. Gambling.com reported a $1.2 million loss in Q1, while AI is expected to generate $13 million in annual savings. Penn's cuts follow a restructuring earlier this year, with Q1 revenue around $1.4 billion."
datetime: "2026-05-16T18:24:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286652182.md)
  - [en](https://longbridge.com/en/news/286652182.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286652182.md)
---

# Penn Entertainment and Gambling.com Announce Job Cuts Amid AI Shift

Penn Entertainment and Gambling.com Group have announced significant job cuts this week, with Gambling.com eliminating 25% of its workforce and Penn trimming over 75 roles from its Interactive division. According to BeInCrypto, these reductions come as the sports betting sector faces pressures from AI adoption and competition from regulated prediction venues. Gambling.com reported a $1.2 million loss in Q1, with AI generating 80% of new engineering code, supporting $13 million in annual savings. Penn's cuts follow a January restructuring, with first-quarter revenue around $1.4 billion.

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