BNET Industries

Penn National Gaming Inc.

(PENN) is in the Travel Industry

Market Cap:$2.2B
Last Fiscal Year Sales:$2.5B
  • Public
  • US
Dow Jones Description

Penn National Gaming owns and operates gaming and racing facilities with a focus on slot machine entertainment. The Company presently operates nineteen facilities in fifteen jurisdictions, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, New Mexico, Ohio, Pennsylvania, West Virginia, and Ontario. In aggregate, Penn National's operated facilities feature over 25,400 slot machines, approximately 400 table games, over 2,000 hotel rooms and more than 930,000 square feet of gaming floor space.

Chief Executive Officer
Peter M. Carlino
Number of Employees 14,393
Contact Information

825 Berkshire Blvd Ste 200

Wyomissing, Pennsylvania 19610

www.pngaming.co...

(610) 373-2400

NAICS Code Other Gambling Industries: 713290

Recent Events

  • Wynn Resorts Ltd. Withdraws from Aqueduct Racetrack Bidding in New York City

    11/05/09 - Joint Venture / Alliance - View Story

  • Wynn withdraws from Aqueduct bidding

    11/05/09 - Joint Venture / Alliance - View Story

  • Lakes Entertainment Announces Passage of Ohio Referendum

    11/04/09 - Joint Venture / Alliance - View Story

  • While politicians haggle, New York’s budget needs grow

    11/02/09 - Joint Venture / Alliance - View Story

  • Jury still out on U.S. 24's economic impact but road is more safe

    10/29/09 - New Venture Funded Investment - View Story

  • Penn National Gaming Selected by Maryland Video Lottery for Cecil County Location

    10/27/09 - Licensing / Contract - View Story

  • Ohio vote gives Penn National a victory

    11/06/09 - Financial Announcement - View Story

  • How CityCenters room rates will compare with Strip rivals (40 comments)

    10/22/09 - Merger / Acquisition - View Story

  • Market Report -- In Play PENN

    10/21/09 - Licensing / Contract - View Story

  • Penn National Gaming rises after 3Q results

    10/21/09 - Bond / Stock Rating - View Story

  • Penn National Gaming Names Anthony Carlucci General Manager of Hollywood Casino Tunica Carlucci, Most Recently...

    10/09/09 - Mgmt. Change Entering - General Manager - View Story

  • Penn National Gaming says it wants Fountainebleau if the price is right (Las Vegas Review-Journal)

    10/22/09 - Financial Announcement - View Story

  • International Speedway Corporation Reports Financial Results for the Third Quarter of Fiscal 2009

    10/08/09 - Joint Venture / Alliance - View Story

  • Penn National Gaming makes bid for bankrupt Fontainebleau

    10/06/09 - Merger / Acquisition - View Story

  • How CityCenter’s room rates will compare with Strip rivals’

    10/20/09 - Merger / Acquisition - View Story

  • Casino Industry Insider news bites - 09-29-2009

    10/01/09 - Mgmt. Change Entering - General Manager - View Story

News & Analysis

penn national gaming inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Peter M. Carlino Chief Executive Officer
Timothy J. Wilmott President and Chief Operating Officer
Thomas N. Auriemma Vice President & Chief Compliance Officer
William J. Clifford Chief Financial Officer
William T. Clifford CFO
Leonard M. DeAngelo Executive Vice President, Operations
Eugene P. Clark Senior Vice President Human Resources
Don Karrer Corporate Vice President of Information Technology
Eric Schippers Vice President, Public Affairs
Gaye Gullo Corporate Vice President, Marketing
Phillip T. O'Hara Jr. Vice President & General Manager
Robert S. Ippolito Vice President, Secretary & Treasurer
Thomas P. Burke Vice President & General Manager, Penn National Gaming's Argosy Casino Hotel & Spa
Chett Harrison General Manager, Boomtown Biloxi Property
Robert E. Abraham Director, Finance
William J. Bork Jr. Director, Marketing
James Baum Senior Vice President, Project Development
John Finamore Senior Vice President, Regional Operations
Jordan B. Savitch Esq Senior Vice President and General Counsel
Steven T. Snyder Senior Vice President, Corporate Development
David A. Handler Director
Harold Cramer Esq Director

Board of Directors

Name (plus bio) Position
Barbara Z. Shattuck Board of Directors
John M. Jacquemin Board of Directors
Kevin DeSanctis Board of Directors
Robert P. Levy Board of Directors
Wesley R. Edens Board of Directors

Organization Position Status
Penn National Gaming, Inc. Chief Executive Officer Current
Penn National Gaming, Inc. Chairman Current

Organization Position Status
Penn National Gaming, Inc. President and Chief Operating Officer Current
Harrah's Entertainment, Inc. Eastern Division President Former
Harrah's Entertainment, Inc. Chief Operating Officer Former

Organization Position Status
Penn National Gaming, Inc. Vice President & Chief Compliance Officer Current

Organization Position Status
Penn National Gaming, Inc. Chief Financial Officer Current

Organization Position Status
Penn National Gaming, Inc. CFO Current
Penn National Gaming, Inc. CFO Current

Organization Position Status
Penn National Gaming, Inc. Executive Vice President, Operations Current

Organization Position Status
Penn National Gaming, Inc. Senior Vice President Human Resources Current

Organization Position Status
Penn National Gaming, Inc. Corporate Vice President of Information Technology Current
Gaming Standards Association Corporate Vice President of Information Technology for Penn National Gaming Current
Gaming Standards Association Secretary Current

Organization Position Status
Penn National Gaming, Inc. Vice President, Public Affairs Current

Organization Position Status
Penn National Gaming, Inc. Corporate Vice President, Marketing Current
Mohegan Tribal Gaming Authority Vice President, Customer Relationship Management Former
Harrah's Entertainment, Inc. Senior Vice President & General Manager, Horseshoe and Harrah's Casinos Former

Organization Position Status
Penn National Gaming, Inc. Vice President & General Manager Current

Organization Position Status
Penn National Gaming, Inc. Vice President, Secretary & Treasurer Current

Organization Position Status
Penn National Gaming, Inc. Vice President & General Manager, Penn National Gaming's Argosy Casino Hotel & Spa Current

Organization Position Status
Penn National Gaming, Inc. General Manager, Boomtown Biloxi Property Current

Organization Position Status
Penn National Gaming, Inc. Director, Finance Current
Penn National Gaming, Inc. Director, Finance Former

Organization Position Status
Penn National Gaming, Inc. Director, Marketing Current

Organization Position Status
Penn National Gaming, Inc. Senior Vice President, Project Development Current

Organization Position Status
Charles Town Races & Slots Senior Vice President Current
Penn National Gaming, Inc. Senior Vice President, Regional Operations Current

Organization Position Status
Penn National Gaming, Inc. Senior Vice President and General Counsel Current

Organization Position Status
Penn National Gaming, Inc. Senior Vice President, Corporate Development Current

Barbara Shattuck is a Principal of Shattuck Hammond Partners LLC . In a professional career that has spanned more than 25 years, Ms. Shattuck has specialized in developing innovative strategies to meet the financial needs of healthcare companies and not-for-profit organizations. She is a distinguished financial advisor and healthcare investment banking specialist who has worked with many leading multi-hospital systems, healthcare providers, managed care companies and physician group practices, including: HealthNet, George Washington University Hospital and University Physicians, Arizona. Ms. Shattuck had been a Managing Director at PricewaterhouseCoopers Securities LLC and was a Founding Partner of Shattuck Hammond Partners Inc. She began her career as a Bond Rating Analyst at Standard & Poor's Corporation for healthcare and educational credits. She later served as Vice President and Managing Coordinator for the Health Care Finance Group of Goldman Sachs & Co., prior to co-founding Cain Brothers, Shattuck & Company in 1982. For engagements involving taxable and tax-exempt financings, mergers and acquisitions, capital markets transactions and strategic capital planning services, she has counseled many of the most prestigious multi-hospital systems, health service companies, academic medical centers, community hospitals, educational and other nonprofits, as well as healthcare authorities in Illinois, New Jersey, Michigan, Massachusetts, Missouri and West Virginia. A graduate of Connecticut College, Ms. Shattuck serves on the boards of Connecticut College, Tufts Associated Health Plans, the University of Arizona Research Corporation, Sunlife Insurance Company of New York, the Paul Taylor Dance Company and the New York Citizen's Budget Commission, Inc. She is listed in Who's Who of American Women and Who's Who in the World.

Organization Position Status
Shattuck Hammond Partners LLC Managing Director Current
Penn National Gaming, Inc. Board of Directors Current
Shattuck Hammond Partners LLC Director Current
Connecticut College Board of Directors Current
Tufts Associated Health Plans, Inc. Board of Directors Current
Healthcare Finance Group, Inc. Vice President Former
Healthcare Finance Group, Inc. Managing Coordinator Former
Shattuck Hammond Partners LLC Principal Former
Cain Brothers & Company LLC Co-Founder Former

Organization Position Status
Penn National Gaming, Inc. Director Current

Organization Position Status
Penn National Gaming, Inc. Director Current

Organization Position Status
Mooring Tax Asset Group President and Founder Current
Pennsylvania, Inc. Board of Directors Current
Penn National Gaming, Inc. Board of Directors Current
Cfc Incorporated Chief Financial Officer Former
Mooring Financial Corporation Director Former
Dartmouth College M.B.A. Degree Former
The Pennsylvania State University B.A. Degree In General Arts & Science Former

Organization Position Status
Penn National Gaming, Inc. Board of Directors Current
Penn National Gaming, Inc. President & COO Former

Organization Position Status
Penn National Gaming, Inc. Board of Directors Current

Wesley R. Edens is the Chairman of the board of directors and the Chief Executive Officer of Fortress Investment Group LLC ( Fortress ). Mr. Edens has been a principal and the Chairman of the Management Committee of FIG LLC ( FIG ) since co-founding FIG in May 1998. Mr. Edens is responsible for the Fortress private equity and publicly traded alternative investment businesses. He is also the Chairman of the board of directors of each of Aircastle Limited, Brookdale Senior Living Inc., Eurocastle Investment Limited, GateHouse Media, Inc., Mapeley Limited and Newcastle Investment Corp. and a director of GAGFAH S.A. Mr. Edens served as the Chief Executive Officer of Newcastle Investment Corp. since inception until February 2007. Mr. Edens was the Chief Executive Officer of Global Signal Inc. from February 2004 to April 2006 and the Chairman of the board of directors from October 2002 to January 2007. Mr. Edens serves in various capacities in the following five registered investment companies: Chairman, Chief Executive Officer and Trustee of Fortress Registered Investment Trust and Fortress Investment Trust II; Chairman and Chief Executive Officer of Fortress Brookdale Investment Fund LLC and Fortress Pinnacle Investment Fund LLC and Chief Executive Officer of RIC Coinvestment Fund LP. Prior to forming Fortress, Mr. Edens was a partner and a managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and a managing director of Lehman Brothers. Mr. Edens received a B.S. in Finance from Oregon State University.

Organization Position Status
The Fortress Corporation Founder Current
Brookdale Senior Living Inc. Chairman Current
Eurocastle Investment Limited Chairman of The Board of Directors Current
Newcastle Investment Corp. Chairman of The Board of Directors Current
Fortress Investment Group LLC Co-Chairman Current
GateHouse Media, Inc. Chairman Current
Aircastle Limited Chairman of The Board and Class III Director Current
Penn National Gaming, Inc. Board of Directors Current
Crown Castle International Corp. Board of Directors Current
Newcastle Investment Corp. Chief Executive Officer Former
Fortress Investment Group LLC Chief Executive Officer Former
Impac Commercial Holdings, Inc. Chairman & Chief Executive Officer Former
Global Signal Inc. Chief Executive Officer Former
Lehman Brothers Holdings Inc. managing director Former
Lehman Brothers Holdings Inc. partner Former
UBS Securities LLC head of Global Principal Finance Former
Fortress Investment Group LLC Founding Principal Former
BlackRock Financial Management, Inc. Former
Crown Castle International Corp. Chairman Former
Alterra Healthcare Corporation Chairman Former
GateHouse Media, Inc. Board of Directors Former
Capstead Mortgage Corporation Director Former
Oregon State University B.S., Finance Former

Executive News

  • Insider Transactions

    Philadelphia Inquirer - 7/20/09 - View Story

  • Insider Transactions

    Philadelphia Inquirer - 7/13/09 - View Story

  • Hollywood Casino Lawrenceburg Puts Tri-State Players in the Spotlight with New Name, New Boat...

    Forbes.com - 6/29/09 - View Story

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     PENN $28.22 +0.22 (0.79% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 1,076,600
Shares Outstanding 78.55M
Market Cap 2.2B
Year High 35.18
Year Low 13.68
Earnings Per Share -3.51
P/E Ratio -8.04
Dividend N/A
Yield N/A
IndustryTop Rated

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