PENN Entertainment, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jay A. Snowden
- Full Time Employees
- 23,118
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- 825 Berkshire Blvd. Wyomissing PA United States of America 19610
- IPO Date
- May 26, 1994
- CIK
- 0000921738
- Website
- pennentertainment.com
- Similar Companies
- Business
- PENN Entertainment, Inc. operates as a leading North American provider of integrated entertainment, sports content, and casino gaming experiences through a portfolio of 43 casinos and racetracks across 20 U.S. states and online platforms; its core offerings encompass slot machines, table games including blackjack, roulette, and poker, live horse racing and simulcast wagering, food and beverage services, hotel accommodations, and retail sports betting facilities, alongside digital products such as online sports betting and iCasino services under brands like Hollywood Casino, L’Auberge Casino Resort, Ameristar, Boomtown, ESPN BET, and theScore BET Sportsbook and Casino, complemented by the PENN Play loyalty program serving over 33 million members with rewards redeemable across retail and online channels. Founded in 1972 and headquartered in Wyomissing, Pennsylvania, the company serves regional markets targeting adults seeking gaming, hospitality, and sports wagering entertainment, with geographic operations spanning Northeast, South, West, and Midwest segments in the U.S. plus Canadian digital assets via subsidiary Score Media and Gaming. Formerly Penn National Gaming, Inc., it rebranded to PENN Entertainment, Inc. in August 2022 to reflect its expanded omni-channel focus; recent developments include the early mutual termination of its U.S. online sports betting partnership with ESPN, Inc. effective December 1, 2025, prompting a strategic realignment toward U.S. iCasino growth, Canadian operations, and performance-based online sports betting marketing integrated with its retail footprint to enhance cross-sell opportunities and unit economics; ongoing retail projects feature the closure of Hollywood Casino Joliet Riverboat on July 29, 2025, ahead of its new land-based casino grand opening on August 11, 2025, alongside developments in Las Vegas, Columbus, Aurora, and Council Bluffs nearing completion; the Board authorized a new $750 million share repurchase program starting January 1, 2026, incremental to prior authorizations; and the company targets Interactive segment profitability by end-2025 while deleveraging from Q4 2024 onward.
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