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Penn Entertainment (PENN)

Consumer Discretionary · Casino and gaming entertainment · NASDAQ

PENN Entertainment operates a diversified portfolio of retail casinos, racetracks, and online sports betting and iCasino platforms across North America with a proprietary digital ecosystem and loyalty program.

What Penn Entertainment does

PENN Entertainment operates casinos, racetracks, and gaming properties across 28 jurisdictions in North America, with 42 gaming and racing properties in 19 states as of December 2025. The company generates revenue from gaming operations (slot machines and table games), food and beverage, and hotel services at retail properties, supplemented by online sports betting and iCasino offerings through its proprietary digital platform. PENN also operates an industry-leading loyalty program called PENN Play with over 33 million members and manages retail and digital sports betting operations across multiple jurisdictions.

Themes: ["Retail casino gaming"]

Fundamentals

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Key risks (from latest filing)

["High leverage and significant debt burden ($2.9 billion in long-term debt plus $2.3 billion in long-term financing obligations) with substantial lease obligations, creating refinancing and covenant risk in stressed market conditions."]

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Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.