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COMPANY BENCHMARKING • UNITED STATES

Penn National Gaming, Inc. - Company Profile

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Penn National Gaming, Inc. - Overview

Brands
Ameristar, Argosy, Barstool Sports, Boomtown Casino, Greektown, Hollywood Casinos, L'Auberge
Description
Penn National Gaming is a public company headquartered in Pennsylvania with an estimated 21,875 employees. In the US, the company has a notable market share in at least two industries: Non-Hotel Casinos, Horse Racing Tracks and Horse Racing Tracks. Their largest market share is in the Horse Racing Tracks industry, where they account for an estimated 13.8% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Penn National Gaming, Inc.

Company Type: Operating

Exchange: Nasdaq

Headquarters: 825 Berkshire Blvd Suite 200 Wyomissing PA 19610

Employees: 21875

Penn National Gaming, Inc. - Operating Industries and Main Competitors

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Penn National Gaming, Inc. - Products and Services

  • Non-Hotel Casinos in the US

    • Of the 5 core revenue-generating products and services in the Non-Hotel Casinos in the US industry, Penn National Gaming, Inc. offers:
    • Food and beverages
    • Gambling machines
    • Lotteries
    • AAAAA AAAAA

  • Horse Racing Tracks in the US

    • Of the 4 core revenue-generating products and services in the Horse Racing Tracks in the US industry, Penn National Gaming, Inc. offers:
    • Gaming
    • Off-track and simulcast betting
    • Other
error_outline To view Penn National Gaming, Inc.'s full products and services, see purchase options.

Penn National Gaming, Inc. - Analyst Insights

Penn National Sells Tropicana

As a result of the COVID-19 (coronavirus) pandemic, Penn National Gaming Inc. sold the Tropicana Las Vegas to Gaming and Leisure Properties. The deal was valued at $307.5 million in rent credits, which will be applied to existing leases starting May 2022. This move was a way to mitigate the negative effects of the unforeseen pandemic on the company.

COVID|New Activity|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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error_outline To view all analyst insights on Penn National Gaming, Inc., see purchase options.

Penn National Gaming, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Penn National Gaming, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Non-Hotel Casinos in the US, and Horse Racing Tracks in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Penn National Gaming, Inc.'s full SWOT analysis, see purchase options.

Penn National Gaming, Inc. - Financial Statements & Ratios

pie_chartPenn National Gaming, Inc. Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue6,362.96,401.75,905.03,578.75,301.43,587.9
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartPenn National Gaming, Inc. Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and Equivalents1,071.81,624.01,863.91,853.8437.4479.6
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartPenn National Gaming, Inc. Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net IncomeN/A221.7420.5-669.143.193.5
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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    Products and Services
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  • Products and Services
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