Penn National Gaming, Inc.

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Penn National Gaming, Inc. is a casino operating company that is based out of Wyomissing, Pennsylvania. According to its official website, the company owns twelve casinos in the United States along with other properties such as race tracks with slots and horse tracks.[1]

The company was founded in 1972 when the Penn National Race Course was opened and has been growing since then, being named on Fortune Magazine’s list of the country’s 100 fastest growing companies in 2001. According to the company's mission statement, their corporate mission is to “To establish Penn National Gaming as a profitable and respected leader in the racing and gaming business, as a valued partner in our communities and as a role model for ethical business standards in our industry."[2][3]

Facts

  • Company owns 12 casinos, with a total of 12,414 employees in those casinos
  • Total gaming facilities owned by the company is 19
  • Company owns 7 racetracks and 6 off-track wagering facilities
  • Facilities feature over 25,400 slot machines, 400 table games, 2,000 hotel rooms and more than 930,000 square feet of gaming floor space.
  • Approximately 16,000 people are employed, in total, at these facilities.[4]

Campaign support

On March 11, 2009, Penn National Gaming announced it’s support for the Ohio Jobs and Growth Plan, a statewide measure in Ohio that, if enacted, would approve of amending the Ohio Constitution to permit one casino each in Cincinnati, Cleveland, Columbus, and Toledo.According to Chairman and Chief Executive Peter M. Carlino: “We are excited to be supporting what we believe is the best proposal ever to bring casino gaming to Ohio as we believe the Ohio Jobs and Growth Plan can generate significant, wide reaching near- and long-term economic benefits for the State."[5]

Additional reading

References