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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. It also operates the mobile and desktop apps HollywoodCasino.com, Viva Slots, and HollywoodRaces.com, which offer online Vegas-style slots that can be played for free on any device and wagering for horse racing online respectively.


TypePublic
Founded1972
HQWyomissing, PA, USMap
Websitepngaming.com
Employee Ratings3.5More
Overall CultureC-More
View Jobs (1)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)28,300(+10%)
Job Openings1
Revenue (FY, 2019)$5.3 B(+48%)
Share Price (Feb 2021)$121.2 (-5%)
Cybersecurity ratingDMore

Key People/Management at Penn National Gaming

Jay Snowden

Jay Snowden

President and Chief Executive Officer, Director
David A. Handler

David A. Handler

Chairman
David Williams

David Williams

CFO, EVP
John M. Jacquemin

John M. Jacquemin

Director
Peter M. Carlino

Peter M. Carlino

Director
Barbara Shattuck Kohn

Barbara Shattuck Kohn

Director
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Penn National Gaming Office Locations

Penn National Gaming has an office in Wyomissing
Wyomissing, PA, 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 $5.30 b in FY, 2019
USD

Revenue (Q3, 2020)

993.6m

Gross profit (Q3, 2020)

535.5m

Gross profit margin (Q3, 2020), %

53.9%

Market capitalization (8-Feb-2021)

18.8b

Closing stock price (8-Feb-2021)

121.2

Cash (30-Sept-2020)

1.9b

EV

19.4b
Penn National Gaming's current market capitalization is $18.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.0b3.1b3.6b5.3b

Revenue growth, %

7%4%14%

Cost of goods sold

1.8b1.8b2.0b

Gross profit

1.3b1.3b1.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

776.2m796.5m806.2m816.1m826.9m789.7m1.3b1.3b1.4b1.1b259.2m993.6m

Cost of goods sold

439.9m456.8m464.6m461.7m471.0m451.9m709.2m731.7m758.7m458.1m

Gross profit

336.3m339.7m341.7m354.4m355.9m337.8m573.4m591.4m595.8m535.5m

Gross profit Margin, %

43%43%42%43%43%43%45%45%44%54%
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

229.5m278.0m479.6m437.4m

Accounts Receivable

61.9m62.8m106.8m88.7m

Prepaid Expenses

59.7m43.8m63.0m76.7m

Current Assets

399.3m401.0m677.7m642.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

259.5m224.4m264.9m218.0m200.2m244.5m400.3m378.8m406.9m730.7m1.2b1.9b

Accounts Receivable

49.5m49.0m54.1m56.6m55.0m49.5m114.4m106.4m91.6m50.1m71.1m138.6m

Prepaid Expenses

55.6m48.2m55.0m44.3m37.3m40.1m67.9m74.0m72.8m57.1m49.5m

Current Assets

417.1m373.6m402.3m334.7m308.5m348.4m639.2m609.2m628.2m1.6b2.2b
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

109.3m473.5m93.5m43.1m

Depreciation and Amortization

271.2m267.1m269.0m414.2m

Accounts Payable

(7.5m)(342.0k)(6.1m)4.4m

Cash From Operating Activities

404.8m459.1m352.8m703.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

5.1m22.2m811.5m45.4m99.4m135.6m41.0m92.3m136.0m(608.6m)(681.8m)

Depreciation and Amortization

70.2m139.2m205.7m60.4m118.9m175.8m104.1m210.1m316.4m95.7m187.6m275.3m

Accounts Payable

(2.5m)(3.9m)(1.8m)(4.1m)(2.0m)(5.1m)927.0k119.0k8.1m29.1m22.3m

Cash From Operating Activities

66.8m195.9m337.3m66.9m207.1m301.0m125.7m315.2m519.2m(33.2m)(130.9m)220.8m
show all
USDFY, 2016

Revenue/Employee

161.3k

Debt/Equity

-9.1 x

Debt/Assets

1 x

Financial Leverage

-9.2 x
Show all financial metrics

Penn National Gaming Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Facilities

27 27 29 29 29 29 28 27 40 41 41 41

Jurisdictions

17 17 17 17 17 17 16 15 18 18 19 19

Gaming Space, sq.ft.

2.31 m

Gaming Machines

48.61 k
Show all operating metrics

Penn National Gaming Acquisitions / Subsidiaries

Company NameDateDeal Size
Greektown Casino-HotelMay 23, 2019$320.30 m
Margaritaville Resort CasinoJanuary 01, 2019$119.90 m
Absolute GamesJune 18, 2018
Pinnacle EntertainmentDecember 18, 2017$2.80 b
Rocket GamesAugust 03, 2016$170 m
Prairie State GamingJuly 31, 2015
Tropicana Las Vegas Hotel and CasinoApril 29, 2015$360 m
CRC HoldingsApril 27, 2011
Zia Park Casino, Hotel & RacetrackApril 17, 2007
Argosy Gaming CompanyNovember 03, 2004$2.20 b
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Penn National Gaming Revenue Breakdown

Embed Graph

Penn National Gaming revenue breakdown by business segment: 8.8% from Food and beverage, 80.7% from Gaming and 10.5% from Other

Penn National Gaming revenue breakdown by geographic segment: 11.0% from South, 52.7% from Northeast, 12.2% from West, 23.0% from Midwest and 1.1% from Other

Penn National Gaming Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

Learn more about our premium products
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Penn National Gaming Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
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Penn National Gaming Online and Social Media Presence

Penn National Gaming's Trends

Embed Graph

Penn National Gaming Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C-

    63/100

  • Compensation

    B-

    68/100

  • Diversity

    F

    48/100

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Penn National Gaming News and Updates

February 04, 2021

Thinking about buying stock in Paypal Holdings, Pinterest, Penn National Gaming, Alibaba, or Align Technology?

NEW YORK, Feb. 4, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PYPL, PINS, PENN, BABA, and ALGN. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
December 28, 2020

Why Penn National Gaming Stock Looks Pricey

The shares of Penn National Gaming have more than doubled since February highs primarily due to the strong success of its Barstool Sportsbook App, which has become the most downloaded sports betting application in the country. In October, the application received $48 million of total handle...
November 12, 2020

Penn National Gaming Bans Animal Circuses After PETA Appeal

The decision comes after talks with PETA about the cruelty inherent in such circuses when Sam Houston Race Park, a Penn National-owned racetrack in Texas, decided to host UniverSoul Circus—the last time such a circus will appear at a Penn National property.read more
November 04, 2020

: DraftKings, Penn National Gaming stocks shoot higher after sports betting election sweep

Shares of online gaming and casino operators traded broadly higher Wednesday, after a sports-betting election sweep and new land-based gambling and casino legislation passed in a number of states.
October 21, 2020

Should you invest in Exxon Mobil, Cisco Systems, Freeport-McMoRan, Penn National Gaming, or Estee Lauder?

NEW YORK, Oct. 21, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XOM, CSCO, FCX, PENN, and EL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
September 24, 2020

Penn National Gaming falls in premarket trade on stock sale

Penn National Gaming falls in premarket trade on stock sale
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 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, David A. Handler and David Williams.

  • How many employees does Penn National Gaming have?

    Penn National Gaming has 28,300 employees.

  • What is Penn National Gaming revenue?

    Latest Penn National Gaming annual revenue is $5.3 b.

  • What is Penn National Gaming revenue per employee?

    Latest Penn National Gaming revenue per employee is $187.3 k.

  • Who are Penn National Gaming competitors?

    Competitors of Penn National Gaming include Wynn Resorts, William Hill and WDTS.

  • 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.