It operates both gaming properties nationwide and online sports betting services. PENN Entertainment Inc.: PENN provides entertainment, sports content, and casino gaming services.Light & Wonder's quarterly earnings shrunk in the most recent quarter following the company's divestiture of its lottery and sports betting business. The company recently repaid $4.8 billion in debt, reducing its total outstanding debt by 55%. Light & Wonder Inc.: Light & Wonder, formerly known as Scientific Games Corporation, designs gaming content for casinos and related businesses.