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Penn National Gaming

OverviewSuggest Edit

Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. The Company operates through three segments: Northeast, South/West, and Midwest. The Northeast segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, and Plainridge Park Casino. It also includes the Company’s Casino Rama management service contract.

The South/West segment consists of the following properties: Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort, and Tropicana Las Vegas, as well as the Hollywood Casino Jamul-San Diego project with the Jamul Tribe, which it operates under a management contract. The Midwest segment consists of the following properties: Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Lawrenceburg, Hollywood Casino St. Louis, and Prairie State Gaming, and includes the Company’s 50% investment in Kansas Entertainment, which owns the Hollywood Casino at Kansas Speedway.

TypePublic
Founded1972
HQWyomissing, USMap
Websitepngaming.com
Employee Ratings3.3More
View Jobs (1,145)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)25,750(+38%)
Job Openings1,145
Revenue (FY, 2017)$3.3 B(+4%)
Share Price (Oct 2019)$20.7 (+2%)

Key People/Management at Penn National Gaming

Jay Snowden

Jay Snowden

President and Chief Operating Officer
Carl Sottosanti

Carl Sottosanti

Executive Vice President, General Counsel and Secretary
Al Britton

Al Britton

Sr. Vice President, Regional Operations
John V. Finamore

John V. Finamore

Sr. Vice President, Regional Operations
Todd George

Todd George

Sr. Vice President, Regional Operations
Nelson Parker

Nelson Parker

Sr. Vice President, Corporate Development
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Penn National Gaming Office Locations

Penn National Gaming has an office in Wyomissing
Wyomissing, US (HQ)
825 Berkshire Blvd #200
Show all (1)

Penn National Gaming Financials and Metrics

Penn National Gaming Revenue

Penn National Gaming's revenue was reported to be $3.33 b in FY, 2017
USD

Revenue (Q3, 2018)

789.7m

Net income (Q3, 2018)

36.1m

EBIT (Q3, 2018)

155.8m

Market capitalization (21-Oct-2019)

2.4b

Closing stock price (21-Oct-2019)

20.7

Cash (30-Sep-2018)

244.5m

EV

2.2b
Penn National Gaming's current market capitalization is $2.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.1b2.7b3.0b3.2b3.3b

Revenue growth, %

(11%)10%7%

General and administrative expense

526.5m446.4m449.4m463.0m514.8m

Operating expense total

3.7b2.3b2.4b2.5b2.7b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

758.1m678.0m689.8m683.7m702.0m739.2m778.9m797.0m813.5m811.2m818.1m842.4m855.1m816.1m826.9m789.7m

General and administrative expense

131.1m107.7m107.9m116.5m116.3m118.6m107.6m116.5m110.0m114.4m125.8m130.1m107.2m121.3m132.7m125.1m

Operating expense total

621.2m623.0m628.8m623.1m552.4m666.3m597.1m615.9m620.1m626.3m635.9m661.5m662.6m644.0m645.2m633.8m

Depreciation and amortization

80.0m47.4m47.2m40.3m63.4m41.8m66.1m66.0m66.2m67.9m70.2m69.0m66.5m60.4m58.6m56.9m
show all
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

293.0m208.7m237.0m229.5m278.0m

Accounts Receivable

631.0m

Inventories

Current Assets

508.9m372.6m372.5m399.3m401.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

267.9m287.7m251.3m230.7m237.7m233.1m223.5m214.2m221.4m201.8m259.5m224.4m264.9m218.0m200.2m244.5m

Current Assets

401.2m507.6m497.1m404.1m409.9m406.6m373.7m340.4m342.7m353.0m417.1m373.6m402.3m334.7m308.5m348.4m

PP&E

2.6b550.4m557.0m745.4m2.7b835.5m3.0b2.9b2.9b2.8b2.8b2.8b2.8b2.7b2.7b2.7b

Goodwill

1.3b493.9m492.5m491.0m874.2m274.8m911.9m911.9m911.9m993.6m989.9m1.0b1.0b1.0b1.0b1.0b
show all
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(794.3m)(183.8m)686.0k109.3m473.5m

Depreciation and Amortization

298.3m266.7m259.5m271.2m267.1m

Inventories

912.0k(13.0m)10.3m(485.0k)

Accounts Payable

(2.2m)2.0m2.1m(7.5m)(342.0k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

94.4m4.5m8.7m17.2m1.9m16.9m9.8m23.7m57.7m104.3m5.1m22.2m811.5m45.4m99.4m135.6m

Depreciation and Amortization

237.7m47.4m94.5m134.8m63.4m41.8m191.8m66.0m132.2m200.1m70.2m139.2m205.7m60.4m118.9m175.8m

Accounts Payable

(2.7m)2.2m24.1m4.0m2.9m73.4m4.8m(2.0m)(6.0m)(8.5m)(2.5m)(3.9m)(1.8m)(4.1m)(2.0m)(5.1m)

Cash From Operating Activities

428.0m23.6m121.9m204.7m78.0m306.1m71.3m189.7m311.5m66.8m195.9m337.3m66.9m207.1m301.0m
show all
USDY, 2018

EV/EBIT

14.1 x

EV/CFO

7.3 x

Debt/Equity

0.6 x

Financial Leverage

72.2 x
Show all financial metrics

Penn National Gaming Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Pinnacle EntertainmentDecember 18, 2017$2.80 b

Penn National Gaming Online and Social Media Presence

Penn National Gaming's Trends

Embed Graph

Penn National Gaming News and Updates

July 31, 2019

Kambi Group plc signs exclusive multi-state Sportsbook agreement with Penn National Gaming, Inc.

Malta, 1 August 2019
May 01, 2019

Tangam Systems Announces Partnership With Penn National Gaming to Deploy Tangam's Optimization Software

November 29, 2018

Alliance Data To Launch Co-Brand Credit Card Loyalty Program For Penn National Gaming, North America's Largest Regional Gaming Operator

PLANO, Texas, Nov. 29, 2018 /PRNewswire/ -- Alliance Data Systems Corporation (NYSE: ADS), a leading global provider of data-driven marketing and loyalty solutions, today announced its Columbus, Ohio‑based card services business, a premier provider of branded private label, co-brand and...
October 04, 2018

Fortinet Set to Join S&P 500; ASGN and Penn National Gaming to Join S&P MidCap 400; Veritex Holdings and The Chefs' Warehouse to Join S&P SmallCap 600

NEW YORK, Oct. 4, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: S&P MidCap 400 constituent Fortinet Inc. (NASD: FTNT) will replace Envision Healthcare Corp. (NYSE: EVHC) in the S&P 500, S&P …

 Penn National Gaming Frequently Asked Questions

  • When was Penn National Gaming founded?

    Penn National Gaming was founded in 1972.

  • Who are Penn National Gaming key executives?

    Penn National Gaming's key executives are Jay Snowden, Carl Sottosanti and Al Britton.

  • How many employees does Penn National Gaming have?

    Penn National Gaming has 25,750 employees.

  • What is Penn National Gaming revenue?

    Latest Penn National Gaming annual revenue is $3.3 b.

  • What is Penn National Gaming revenue per employee?

    Latest Penn National Gaming revenue per employee is $129.4 k.

  • Who are Penn National Gaming competitors?

    Competitors of Penn National Gaming include Golden Entertainment, Lightning Gaming and Station Casinos.

  • Where is Penn National Gaming headquarters?

    Penn National Gaming headquarters is located at 825 Berkshire Blvd #200, Wyomissing.

  • Where are Penn National Gaming offices?

    Penn National Gaming has an office in Wyomissing.

  • How many offices does Penn National Gaming have?

    Penn National Gaming has 1 office.