PENN Entertainment, Inc.
The business
PENN Entertainment, Inc. (NASDAQ: PENN) operates a diversified portfolio of gaming, racing, and digital entertainment properties across North America. The company's website is www.pennentertainment.com.
PENN operates 42 gaming and racing properties in 19 states, generating revenue through slot machines, table games, hotel accommodations, food and beverage services, and live racing operations. The company employs approximately 23,441 full-time and part-time employees across its retail and corporate operations. As of December 31, 2025, PENN's PENN Play loyalty program serves over 33 million members.
The company organizes its business into five reportable segments: Northeast, South, West, Midwest, and Interactive. The retail segments (Northeast, South, West, and Midwest) generate revenue primarily from gaming operations and hospitality services. The Interactive segment encompasses online sports betting, iCasino operations, social gaming, retail sportsbook management, media operations, and theScore sports media platform.
PENN's digital strategy centers on theScore Bet, an online sportsbook operating in 22 jurisdictions across the United States and Ontario, Canada, and Hollywood iCasino, which operates in five jurisdictions. The company operates 33 retail sportsbooks at its properties across 14 states. PENN Interactive also manages theScore, a sports media company with approximately 4 million monthly active users across North America, which serves as a foundation for customer acquisition and cross-sell opportunities.
The company owns or operates properties under various brand names including Hollywood Casino, Ameristar, Argosy, Boomtown, L'Auberge, M Resort, and Margaritaville. Most real estate assets are subject to triple net master leases, primarily with Gaming and Leisure Properties, Inc. (GLPI) and VICI Properties, Inc. (VICI), positioning PENN as an operator rather than a real estate owner.
PENN's business model emphasizes geographic diversification and cross-sell opportunities between retail gaming, online sports betting, and iCasino operations. The company maintains a portfolio of proprietary trademarks and operates under various state gaming licenses and regulatory frameworks across its jurisdictions.
- Sector
- Consumer Discretionary
- Industry
- Services
- HQ
- WYOMISSING, PA
- FY end
- 12/31
- CIK
- 0000921738
- SIC
- 7011
Ownership
Who holds PENN Entertainment, Inc. · N-PORT 2026Q1 · 13F 2026-03-31
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| iShares Core S&P Small-Cap ETF IJR · iShares Trust | 0.12% | $114.89M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.00% | $64.98M |
| Invesco Small Cap Value Fund VSCAX · AIM Sector Funds (Invesco Sector Funds) | 0.67% | $61.27M |
| VANGUARD SMALL-CAP INDEX FUND VB · VANGUARD INDEX FUNDS | 0.03% | $46.24M |
| Baron Real Estate Fund BREFX · BARON SELECT FUNDS | 1.38% | $29.79M |
Superinvestors in PENN Entertainment, Inc.
Share of each manager's reported 13F portfolio.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Could not be determined for this company: bond issues.
15 years of PENN Entertainment, Inc.'s financials
Income statement, balance sheet and cash flow across 15 years, every filing with its disclosures, and each number traceable to the filing it came from — free with an account, no card required.
Sign in free