PENN Entertainment Inc
Company Profile
Business description
Penn Entertainment’s origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 85% of total sales in 2024; 15% was from the interactive segment, which includes sports, iGaming, and media revenue. The retail portfolio generates mid-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn’s media assets, theScore and ESPN (starting with its partnership launch in November 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
Contact
825 Berkshire Boulevard
Suite 200
WyomissingPA19610
USAT: +1 610 373-2400
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Resorts & Casinos
Fiscal Year End
31 December 2025
Employees
23,118
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