✨ Free AI Report
PENN Entertainment, Inc.: Key Facts, Business Model & Financial Analysis Read the overview below or get the full interactive report with Cyborg Score, analyst debate audio & saved-company playlists — free, no credit card.
Get Free Report →
Home Company Research PENN Entertainment, Inc.
Company Research

PENN Entertainment, Inc.: Business Overview, Financials & Competitive Analysis

PENN Entertainment, Inc. scores 5/10 on the AskCyborg Cyborg Score (Mixed). Mixed fundamentals: strong retail cash flow and digital momentum offset by margin pressures, competitive headwinds, and execution risk on interactive profitability targets. PENN operates a stable, cash-generative brick-and-mortar platform with retail generating healthy 32.3% margins in Q4, but faces significant headwinds from interactive losses and elevated debt. The digital.

What is PENN Entertainment, Inc.'s industry? PENN Entertainment, Inc. (pennentertainment.com) operates in Casinos & Gaming - Integrated Entertainment & Sports Betting. AskCyborg classifies PENN Entertainment, Inc. under Casinos & Gaming - Integrated Entertainment & Sports Betting in its company registry.

PENN operates a portfolio of casinos, racetracks, and online sports betting in various jurisdictions under Hollywood Casino, L'Auberge, ESPN BET, and theScore BET brands. The company generated $6.82B in trailing twelv...

5/ 10Mixed

Cyborg Score thesis

Mixed fundamentals: strong retail cash flow and digital momentum offset by margin pressures, competitive headwinds, and execution...

Read the full analyst-debate transcript →
Industry Casinos & Gaming - Integrated Entertainment & Sports Betting
3 named competitors
4 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
AI-Verified Research
30+ Page Report

Get the Latest PENN Entertainment, Inc. Report

Up-to-date AI-powered research, analyst debate audio & saved-company playlists

Get Current Report Free
✓ No credit card required
or get it by email

Analyst-debate audio for PENN Entertainment, Inc.

AskCyborg analysts argue the bull and bear cases for PENN Entertainment, Inc. across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

Play the free intro →
Free intro · Pro unlocks the full analyst debate
What's in This Report
PENN Entertainment, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
Get Interactive Report Freeor start reading below

PENN Entertainment, Inc. Overview

Pro stress-test →

PENN operates a portfolio of casinos, racetracks, and online sports betting in various jurisdictions under Hollywood Casino, L'Auberge, ESPN BET, and theScore BET brands. The company generated $6.82B in trailing twelve-month revenue and is undergoing a significant digital transformation to achieve profitability in online gaming operations.

Strategic Profile

Pro stress-test →

Penn operates 43 properties across 20 states and 12 brands, with land-based casinos representing 85% of total sales in 2024 and 15% from interactive. The company's strategy centers on leveraging a strong retail portfolio that generates healthy margins to fund digital expansion, with Penn targeting full-year breakeven adjusted EBITDA in interactive for 2026. Penn's media asset, theScore, provides access to sports betting/iGaming technology and clientele, positioning it competitively in the growing online gaming market.

Competitive Landscape

Pro stress-test →

Main competitors include Caesars Entertainment, Red Rock Resorts, and DraftKings. PENN differentiates through its geographically diversified property portfolio, theScore media and betting platform, and growing digital presence. The company aims to participate in the $50+ billion US sports betting and iGaming revenue opportunity by 2028.

Industry Context

PENN Entertainment, Inc. operates in Casinos & Gaming - Integrated Entertainment & Sports Betting.

Key facts

Founded: 1972 · Headquarters: Wyomissing, Pennsylvania, United States · Employees: 23,118 · Revenue: $6.82B · Market cap: $1.62B

What the analysts stress-tested

The top findings that survived the multi-agent debate for PENN Entertainment, Inc..

  • Interactive revenue grew 52% year-over-year excluding tax adjustments, with iCasino revenue up 40%+ and sportsbook revenue surging 73%
  • Management guides 2026 retail revenue to $5.7B-$5.85B with adjusted EBITDA of $1.86B-$1.98B, indicating core business stability
+2 more stress-tested counter-arguments unlock with Pro. Read the full analyst debate →

Recent developments

Material events tracked by the AskCyborg corpus.

  • February 2026Q4 2025 earnings reported; fourth-quarter revenue up 8% with interactive growth at 45%
  • February 2026ESPN Bet partnership terminated; focus shifting to theScore Bet for 2026 breakeven target
  • +2 moreTrack every material event for PENN Entertainment, Inc. as it happens. Explore monitoring →
Get alerted when PENN Entertainment, Inc. has a new material development →

Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Caesars SportsbookIntegrated resort and sportsbook operator→Red Rock CasinoRegional casino operator with sportsbook presence→DraftKingsPure-play online sports betting and iGaming platform→

Compare PENN Entertainment, Inc. with another company

Pick any company in the AskCyborg corpus to see side-by-side Cyborg Scores and insights.

vs
Side-by-side opens in your AskCyborg account

Industry context

PENN Entertainment, Inc. operates in Casinos & Gaming - Integrated Entertainment & Sports Betting. See how the rest of the sector scores on the Cyborg framework.

Browse Casinos & Gaming - Integrated Entertainment & Sports Betting research →
NEW · MCP server

Ask your AI assistant about PENN Entertainment, Inc.

Install the free AskCyborg MCP server in Claude, Cursor, Cline, Continue, or Windsurf and ask any of these in-line:

“Compare PENN Entertainment, Inc. and its top competitor on Cyborg Score”
“What did PENN Entertainment, Inc. do this quarter?”
“Is PENN Entertainment, Inc. a defensible business in 5 years?”
Install the MCP server (10 sec) →
Free, anonymous, no API key required

How AskCyborg builds confidence

⚔

Analyst debate, not single-author opinion

Every report is stress-tested by a panel of AI analysts arguing across 11 dimensions. The output is the part of the case that survived pushback.

📊

Recalibrated weekly

The Cyborg Score is recomputed weekly against fresh data. Recent material developments are continuously tracked and surfaced.

🔗

Methodology open at /methodology

The framework, dimensions, and band breakdowns are documented. The same company gets the same score from any analyst running the framework.

🔒

Free tier is free

No credit card to read the research. Pro adds saved-company audio playlists, monitoring, audio briefings on demand, and PDF export for $39/mo annual.

Sources: public filings, regulatory data, news flow, and proprietary analyst signals. Read the methodology →

Frequently asked questions

What does PENN Entertainment, Inc. do?+
PENN operates a portfolio of casinos, racetracks, and online sports betting in various jurisdictions under Hollywood Casino, L'Auberge, ESPN BET, and theScore BET brands. The company generated $6.82B in trailing twelv...
What is PENN Entertainment, Inc.'s Cyborg Score?+
PENN Entertainment, Inc. has a Cyborg Score of 5/10 (Mixed). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are PENN Entertainment, Inc.'s main competitors?+
Named competitors include Caesars Sportsbook, Red Rock Casino, DraftKings. The full competitive landscape is in the AskCyborg report.
How can I get the full PENN Entertainment, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the PENN Entertainment, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

Track PENN Entertainment, Inc. over time

Pro members get saved-company audio playlists, Cyborg Score recalibrations, and monitoring for material events across the AskCyborg corpus.

See Pro features
From $39/mo annual

More Casinos & Gaming - Integrated Entertainment & Sports Betting research

Companies in the same sector and named competitors, ranked by Cyborg Score.

6DraftKings Inc.