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, US
Websitepngaming.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Dec 2019)28,300(+10%)
Job Openings425
Revenue (FY, 2019)$5.3 B(+48%)
Share Price (Sept 2020)$74.4 (+7%)
Cybersecurity ratingCMore

Key People/Management at Penn National Gaming

Jay Snowden

Jay Snowden

President and Chief Executive Officer, Director
David A. Handler

David A. Handler

Chairman
Carl Sottosanti

Carl Sottosanti

Executive Vice President, General Counsel and Secretary
David Williams

David Williams

Executive Vice President and Chief Financial Officer
John M. Jacquemin

John M. Jacquemin

Director
Peter M. Carlino

Peter M. Carlino

Director
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Penn National Gaming Office Locations

Penn National Gaming has an office in Wyomissing
Wyomissing, US (HQ)
825 Berkshire Blvd #200
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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 (Q2, 2020)

259.2m

Market capitalization (22-Sept-2020)

10.9b

Closing stock price (22-Sept-2020)

74.4

Cash (30-Jun-2020)

1.2b

EV

12.8b
Penn National Gaming's current market capitalization is $10.9 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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

43%43%42%43%43%43%45%45%44%
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
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, 2020

Net Income

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

Depreciation and Amortization

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

Accounts Payable

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

Cash From Operating Activities

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

Revenue/Employee

161.3k

Debt/Equity

-9.1 x

Debt/Assets

1 x

Financial Leverage

-9.2 x
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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
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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Penn National Gaming Revenue Breakdown

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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 Online and Social Media Presence

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Penn National Gaming News and Updates

Betting Billions on Sports & E-Sports: CEO’s of DraftKings, FansUnite, Electronic Arts, Penn National Gaming Discuss New Opportunities & Digital Transformation of Gaming Entertainment

NEW YORK, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: DraftKings (NASDAQ: DKNG) FansUnite (OTC: FUNFF) (CSE: FANS) Electronic Arts (NASDAQ: EA) Penn National Gamin…

Thinking about buying stock in Snap, Pacific Biosciences, Delta Air Lines, Penn National Gaming, or General Motors?

NEW YORK, Sept. 18, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNAP, PACB, DAL, PENN, and GM. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Stocks making the biggest moves after hours: Snowflake, Palo Alto Network, Penn National Gaming & more

See which stocks are posting big moves after the bell.

Should you invest in Nvidia Corp, Royal Caribbean Cruises, Bank of America, Penn National Gaming, or Citigroup?

NEW YORK, Sept. 15, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NVDA, RCL, BAC, PENN, and C. 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...

Penn National Gaming Has Gone Up 20%; Should You Invest?

Here is an interesting development - Penn National Gaming stock (NASDAQ: PENN) has jumped nearly 20% in the last 5 trading days, while the broader market has barely moved. So what is Penn doing right? Its acquisition of a 36% stake in Barstool earlier this year has been a key driver of its stock...

Thinking about trading options or stock in Restoration Hardware, Penn National Gaming, Tesla, Peloton, or General Electric?

NEW YORK, Sept. 10, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for RH, PENN, TSLA, PTON, and GE. 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...
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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 Carl Sottosanti.

  • 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.