PENN Entertainment, Inc.

PENN Entertainment Inc is an equity in the USA market. The price is 17.8 USD currently with a change of -0.25 USD (-0.01%) from the previous close. The latest open price was 17.67 USD and the intraday volume is 4,055,752. The intraday high is 17.82 USD and the intraday low is 17.13 USD. The latest trade time is Friday, August 1, 17:15:00 PDT.

PENN Entertainment, Inc., formerly known as Penn National Gaming, Inc., is a leading provider of integrated entertainment, sports content, and casino gaming experiences across North America. Established in 1982 and headquartered in Wyomissing, Pennsylvania, it operates 43 properties in 20 states under various brands such as Hollywood Casino, Ameristar, and Boomtown.

The company's diverse portfolio encompasses casinos, racetracks, and online gaming platforms. PENN Entertainment offers gaming options including slot machines, table games, and sports betting, catering to a broad spectrum of entertainment preferences.

In addition to gaming facilities, PENN provides hotel accommodations, dining options, and live entertainment, delivering a comprehensive and engaging experience for guests.

Business Strategy

A cornerstone of PENN Entertainment's strategy is its omni-channel approach, integrating retail and digital platforms to enhance customer engagement. The PENN Play loyalty program has over 29 million members and allows customers to earn rewards across gaming, dining, shopping, and hotel stays.

This program demonstrates the company's commitment to delivering personalized and rewarding experiences.

Online Gaming and Digital Platforms

PENN Entertainment operates online sports betting in 17 U.S. jurisdictions and online casino gaming in five jurisdictions under brands like ESPN Bet and theScore Bet. These platforms provide seamless access to sports betting and iCasino experiences.

The company has also developed a state-of-the-art media and betting platform and operates an in-house iCasino content studio to enhance digital offerings and customer engagement.

Partnerships and Innovation

PENN Entertainment has integrated ESPN's sports media ecosystem through a strategic partnership, providing access to a vast audience and reinforcing its position in the sports entertainment sector.

Corporate Responsibility

PENN Entertainment actively engages in charitable initiatives, disaster relief efforts, and sustainability practices across its operations. The company honors active-duty military, veterans, and first responders with special discounts and rewards, reflecting its community commitment.

Locations

PENN Entertainment has a significant presence across numerous U.S. locations including:

• Kansas City, KS, USA
• Kansas City, MO, USA
• Henderson, NV, USA
• Detroit, MI, USA
• Dayton, OH, USA
• Baton Rouge, LA, USA
• Black Hawk, CO, USA
• Council Bluffs, IA, USA
• Shreveport, LA, USA
• East Chicago, IN, USA
• Joliet, IL, USA
• St. Louis, MO, USA
• Biloxi, MS, USA
• New Orleans, LA, USA
• Columbus, OH, USA

Overall, PENN Entertainment continues to evolve, providing diverse, innovative experiences while maintaining strong values in community engagement and corporate responsibility.