PENN Entertainment, Inc. (PENN) Stock Rating & Analysis

Penn Entertainment traces its origins to its 1972 racetrack opening in Pennsylvania. Today it operates 42 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos accounted for 81% of total sales in 2025, with the remaining 19% from the interactive segment, which includes sports, i-gaming, and media revenue. Its retail portfolio earns low-30s EBITDAR margins and helps it position for licenses in digital wagering markets.