Penn Entertainment, Inc.
| Penn National Gaming, Inc. | |
 | |
| Basic facts | |
| Location: | Wyomissing, Pennsylvania |
| Top official: | Jay Snowden, CEO |
| Website: | Official website |
Penn Entertainment, Inc. is a casino operating company that is based out of Wyomissing, Pennsylvania. According to its official website, the company owns "42 casinos and racetracks across 20 states, a robust online gaming and sports betting presence and exciting sports media."[1]
Background
The company was founded in 1972 when the Penn National Race Course opened, and the group formed as Penn National Race Course. Over time, the company has grown, expanding into other states and into other ventures such as sports betting.[2] Penn Entertainment's mission statement is to "deliver exceptional entertainment experiences to its customers and stakeholders."[3]
Leadership
As of August 2025, the following were listed as part of the company's leadership:[4]
- Jay Snowden, CEO and president
- Todd George, executive vice president
- Justin Carter, senior vice president, regional operations
- Bryan Goslin, vice president, chief accounting officer
- Wendy Hamilton, senior vice president, chief human resources officer
- Felicia Hendrix, executive vice president, chief financial officer
Work and activities
Entertainment services
According to Penn Entertainment, Inc's website, "From casinos and racetracks to online gaming, sports betting and lifestyle content, we deliver the experiences people want, how and where they want them."[5]
Political activities
According to a company statement, Penn Entertainment, Inc. "engage[s] in the public policy arena at the national and state and local levels by making political contributions to candidates for elective office, by presenting to legislators and other government officials our position on issues of iinterest to us, by participating in statewide ballot initiatives and by working with industry and trade groups, without any preference to the personal beliefs or political affiliations of any individual team members."[6]
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."[7]
Finances
The following is a breakdown of Penn Entertainment, Inc.'s revenues and expenses from 2015 to 2023. The information comes from ProPublica
| Year | Revenue | Expenses |
|---|---|---|
| 2015 | $180,340 | $181,149 |
| 2016 | $100,000 | $127,044 |
| 2017 | $459,355 | $138,702 |
| 2018 | $25 | $150,028 |
| 2019 | $203,368 | $373,625 |
| 2020 | $3,733,793 | $1,447,902 |
| 2021 | $371,695 | $1,953,110 |
| 2022 | $430,767 | $449,870 |
| 2023 | $2,062,485 | $583,500 |
See also
External links
Footnotes
- ↑ Penn Entertainment, "Homepage," accessed August 3, 2025
- ↑ Penn Entertainment, "History," accessed August 3, 2025
- ↑ DCF Modeling, "Mission Statement, Vision and core values of Penn Entertainment, Inc." accessed August 3, 2025
- ↑ Penn Entertainment, "Leadership," accessed August 3, 2025
- ↑ Penn Entertainment, "Our Brand," accessed August 3, 2025
- ↑ Penn Entertainment, "Political Activity and Public Policy Statement," accessed August 4, 2025
- ↑ Penn National Gaming, "Penn National Gaming Backs Ohio Jobs and Growth Plan to Bring Gaming and Substantial Investment to Ohio's Four Largest Cities," March 11, 2009
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