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.
Company Growth (employees)
Penn National Gaming was founded in 1972 and is headquartered in Wyomissing, US
Penn National Gaming Office Locations
Penn National Gaming has an office in Wyomissing
Wyomissing, US (HQ)
200 825 Berkshire Blvd
Penn National Gaming Data and Metrics
Penn National Gaming Financial Metrics
Penn National Gaming's revenue was reported to be $818.1 m in Q1, 2017
USD
Revenue (Q1, 2017) | 818.1 m |
Net income (Q1, 2017) | 5.1 m |
EBIT (Q1, 2017) | 140.3 m |
Market capitalization (15-Aug-2017) | 1.9 b |
Cash (31-Mar-2017) | 259.5 m |
Penn National Gaming's current market capitalization is $1.9 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 2.9 b | 2.6 b | 2.8 b | 3 b |
Revenue growth, % | (11%) | 10% | 7% | |
General and administrative expense | 463 m | |||
Operating expense total | 3.7 b | 2.8 b | 2.4 b | 2.5 b |
EBIT | (772 m) | (240.4 m) | 467.8 m | 543 m |
EBIT margin, % | (26%) | (9%) | 16% | 18% |
Interest expense | 97.1 m | 46 m | 443.1 m | 459.2 m |
Interest income | 1.4 m | 3.7 m | 11.5 m | 24.2 m |
Pre tax profit | 56.6 m | |||
Income tax expense | (121.5 m) | (38.6 m) | 55.9 m | 11.3 m |
Net Income | (794.3 m) | (233.2 m) | 686 k | 109.3 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 689.8 m | 683.7 m | 702 m | 739.2 m | 778.9 m | 797 m | 813.5 m | 811.2 m | 818.1 m |
General and administrative expense | 107.9 m | 116.5 m | 116.1 m | 118.6 m | 107.6 m | 116.5 m | 110 m | 114.4 m | 125.8 m |
Operating expense total | 107.9 m | 116.5 m | 116.1 m | 118.6 m | 107.6 m | 116.5 m | 110 m | 114.4 m | 125.8 m |
EBIT | 23.4 m | 22.8 m | 23.5 m | 34.7 m | 142.2 m | 140.5 m | 149.3 m | 139.3 m | 140.3 m |
EBIT margin, % | 3% | 3% | 3% | 5% | 18% | 18% | 18% | 17% | 17% |
Interest expense | (10.9 m) | (11.2 m) | (12.2 m) | (12.3 m) | (111.4 m) | (116.5 m) | (114.7 m) | (114.3 m) | (115 m) |
Interest income | 790 k | 1 m | 1.9 m | 2.4 m | 3.1 m | 5.2 m | 6.6 m | 8.2 m | 2.6 m |
Income tax expense | 8.8 m | 8 m | 9.3 m | 11.2 m | 35.4 m | 7.7 m | 10.8 m | (9.5 m) | 2.2 m |
Net Income | 4.2 m | 11 m | 16.9 m | 4.9 m | 23.7 m | 34 m | 46.5 m | 5.1 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 293 m | 208.7 m | 237 m | 229.5 m |
Accounts Receivable | 631 m | |||
Current Assets | 508.9 m | 386 m | 372.5 m | 399.3 m |
PP&E | 497.5 m | 769.1 m | 3 b | 2.8 b |
Goodwill | 492.4 m | 277.6 m | 911.9 m | 989.7 m |
Total Assets | 2.2 b | 2.2 b | 5.1 b | 5 b |
Accounts Payable | 22.6 m | 43.1 m | 72.8 m | 35.1 m |
Current Liabilities | 361.5 m | 435.5 m | 557.8 m | 536.3 m |
Non-Current Liabilities | 1.1 b | 1.2 b | 5.3 b | 5 b |
Total Liabilities | 1.4 b | 1.7 b | 5.8 b | 5.5 b |
Common Stock | 775 k | 786 k | 830 k | 932 k |
Additional Paid-in Capital | 887.6 m | 918.4 m | 988.7 m | 1 b |
Retained Earnings | (363.4 m) | (1.6 b) | (1.5 b) | |
Total Equity | 758.4 m | 554.5 m | (678 m) | |
Financial Leverage | 2.9 x | 4 x | -7.6 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 251.3 m | 230.7 m | 237.7 m | 233.1 m | 223.5 m | 214.2 m | 221.4 m | 201.8 m | 259.5 m |
Current Assets | 497.1 m | 404.1 m | 417.2 m | 406.6 m | 373.7 m | 340.4 m | 342.7 m | 353 m | 417.1 m |
PP&E | 557 m | 745.4 m | 802.5 m | 835.5 m | 3 b | 2.9 b | 2.9 b | 2.8 b | 2.8 b |
Goodwill | 492.5 m | 491 m | 276.2 m | 274.8 m | 911.9 m | 911.9 m | 911.9 m | 993.6 m | 989.9 m |
Total Assets | 2.3 b | 2.5 b | 2.3 b | 2.3 b | 5.1 b | 5.1 b | 5.1 b | 5.3 b | 4.9 b |
Accounts Payable | 60.8 m | 41.7 m | 66.6 m | 73.4 m | 68.2 m | 68.1 m | 68.9 m | 60.8 m | 29.3 m |
Current Liabilities | 395.7 m | 440.3 m | 454.9 m | 491.5 m | 534.9 m | 530.3 m | 540.6 m | 552.9 m | 467.1 m |
Non-Current Liabilities | 1.1 b | 1.2 b | 1.3 b | 1.2 b | 5.3 b | 5.2 b | 5.2 b | 5.3 b | 5 b |
Common Stock | 781 k | 781 k | 791 k | 795 k | 826 k | 834 k | 849 k | 855 k | 931 k |
Additional Paid-in Capital | 908.3 m | 911.6 m | 929.6 m | 936.4 m | 980.9 m | 992.6 m | 1 b | 1 b | 1 b |
Retained Earnings | (121.6 m) | (113.6 m) | (352.4 m) | (335.5 m) | (1.6 b) | (1.6 b) | (1.6 b) | (1.5 b) | (1.5 b) |
Total Equity | 787.8 m | 798.2 m | 575 m | 599.2 m | (676.2 m) | (649.1 m) | |||
Financial Leverage | 2.9 x | 3.1 x | 4 x | 3.9 x | -7.6 x | -7.9 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | (794.3 m) | (233.2 m) | 686 k | 109.3 m |
Depreciation and Amortization | 298.3 m | 179 m | 259.5 m | 271.2 m |
Accounts Receivable | 5 m | 10 m | 710 k | (5.9 m) |
Inventories | 912 k | (13 m) | 10.3 m | (485 k) |
Accounts Payable | (2.2 m) | 2 m | 2.1 m | (7.5 m) |
Cash From Operating Activities | 440.8 m | 220 m | 399 m | 404.8 m |
Cash From Investing Activities | (415 m) | (375.5 m) | (781 m) | (79.3 m) |
Long-term Borrowings | (4.1 b) | (49.5 m) | (115.2 m) | (407.7 m) |
Cash From Financing Activities | 6.7 m | 71.2 m | 410.4 m | (333 m) |
Income Taxes Paid | 69.8 m | 23.2 m | 5.1 m | 19.1 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 4.2 m | 11 m | 16.9 m | 4.9 m | 23.7 m | 34 m | 46.5 m | 5.1 m | |
Depreciation and Amortization | 47.2 m | 40.3 m | 42.9 m | 41.8 m | 66.1 m | 66 m | 66.2 m | 67.9 m | 70.2 m |
Accounts Payable | 60.8 m | 41.7 m | 66.6 m | 73.4 m | 68.2 m | 68.1 m | 68.9 m | 60.8 m | 29.3 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 43.5 k |
Penn National Gaming Market Value History
Market Position of Penn National Gaming
Traffic Overview of Penn National Gaming
Penn National Gaming Online and Social Media Presence
Penn National Gaming News and Updates
August 05, 2016
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Penn National Gaming acquires casino game studio Rocket Games for $60 million
Penn National Gaming, Inc, a gaming and racing company with facilities based in Wyomissing, Pennsylvania, announced today that it has acquired Rocket Games for about $60 million. Rocket is a social casino games company based in San Francisco. The social casino market was worth $3.3 billion in revenu…
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Penn Nat’l pays up to $170M for Rocket Games, a social casino studio from Zynga alums
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