Penn National Gaming Inc is an American entertainment company that owns, operates, or has ownership interests in various casinos, racetracks, and video gaming terminal operations across the United States. The firm is North America’s largest regional gaming operator, offering retail and online gaming, sports betting, live entertainment, parimutuel racing, and hospitality services. The firm has its headquarters in Wyomissing, Pennsylvania, and was founded in 1972 with the establishment of the Penn National Race Course.
The company operates out of 43 destinations across the United States, offering customers a range of entertainment options including gaming, sports betting, and various hospitality options, including hotels, restaurants, meeting spaces, and entertainment acts. Across the firm’s 43 destinations, Penn National Gaming Inc controls around 50,000 gaming machines, 1,300 table games, and about 8,800 hotel rooms.
The firm also holds a 36% share of Barstool sports, a digital sports and entertainment company that incorporates Barstool Sportsbooks and the mobile Barstool Sportsbook betting app, which offers mobile sports betting on a wide range of events and leagues including the NFL, NBA, MLB, and NHL. The firm trades on the NASDAQ under the ticker PENN.
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