Penn National Gaming Inc (PENN.US)
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Penn National Gaming owns or operates 41 gambling and horse racing properties, including adjoining hotels, in 19 states. It also offers video gaming terminals and live sports betting in seven states. The company recently launched Barstool Sports, an online sports betting app, and iCasino, an online casino, in Pennsylvania and Michigan, which it expects to roll out to more states.[1]
Penn National, whose ticker symbol is PENN, reported a net loss of US$669.1 million for full year 2020 versus positive net income US$43.1 million in 2019. Revenue dropped 32% to US$3.6 billion from US$5.3 billion, largely due to casino and hotel closures stemming from the Covid-19 pandemic.[2] Formerly known as PNRC Corp., the company was founded in 1972 and changed its name to Penn National Gaming in 1994. It is based in Wyomissing, Pennsylvania.[3]
| Retrieved 11 Mar 2021 https://www.pngaming.com/about-us | |
| Retrieved 11 Mar 2021 https://pennnationalgaming.gcs-web.com/news-releases/news-release-details/penn-national-gaming-reports-fourth-quarter-revenues-103-billion | |
| Retrieved 11 Mar 2021 https://finance.yahoo.com/quote/PENN/profile |
| Retrieved 11 Mar 2021 https://www.pngaming.com/about-us | |
| Retrieved 11 Mar 2021 https://pennnationalgaming.gcs-web.com/news-releases/news-release-details/penn-national-gaming-reports-fourth-quarter-revenues-103-billion | |
| Retrieved 11 Mar 2021 https://finance.yahoo.com/quote/PENN/profile |
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