Sector: Consumer Cyclicals | Industry: Casinos & Gaming |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Wyomissing Professional Center WYOMISSING PA 19610 |
Tel: | 1-212-8358500 |
Website: | https://www.pennentertainment.com |
IR: | See website |
Key People | ||
Jay A. Snowden President, Chief Executive Officer, Director | Felicia R. Hendrix Chief Financial Officer, Executive Vice President, Principle Accounting Officer | Todd George Executive Vice President, Operations |
Chris Rogers Executive Vice President, Chief Strategy Officer | Christine LaBombard Senior Vice President |
Business Overview |
PENN Entertainment, Inc. is a provider of integrated entertainment, sports content and casino gaming experiences. The Company operates over 43 properties in 20 states, online sports betting in 18 jurisdictions and iCasino in five jurisdictions, under a portfolio of brands, including Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino. Its segments include Northeast, South, West, Midwest, and Interactive. The Northeast segment include Ameristar East Chicago, Hollywood Casino Columbus, Hollywood Casino at Greektown, and Hollywood Casino at PENN National Race Course. The South segment includes 1st Jackpot Casino, Ameristar Vicksburg, Boomtown New Orleans, and L'Auberge Baton Rouge. The West segment include Ameristar Black Hawk, M Resort, and Zia Park Casino. The Midwest segment includes Ameristar Council Bluffs, Hollywood Casino Aurora, and River City Casino. Its Interactive segment includes online sports betting, iCasino and online social gaming operations. |
Financial Overview |
For the fiscal year ended 31 December 2023, PENN Entertainment Inc revenues decreased 1% to $6.36B. Net loss applicable to common stockholders totaled $490M vs. income of $221.2M. Revenues reflect South segment decrease of 7% to $1.22B, West segment decrease of 9% to $528.5M. Net loss reflects General and administrative - Balancing increase of 47% to $1.44B (expense), Interest Expense Gross increase of 37% to $212.4M (expense). |
Employees: | 23,333 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $8,943M as of Dec 31, 2023 |
Annual revenue (TTM): | $6,363M as of Dec 31, 2023 |
EBITDA (TTM): | $816.70M as of Dec 31, 2023 |
Net annual income (TTM): | -$490.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $23.10M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $6,224M as of Dec 31, 2023 |
Shares outstanding: | 151,867,302 as of Apr 5, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |