Penn National Gaming

Operates casinos and racetracks.

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Headquarters:
825 Berkshire Blvd. Suite 200
Wyomissing, PA 19610
Employees: 15,636
CEO: Peter Carlino
Stock Symbol: PENN

Website: http://www.pngaming.com

Career Site

Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities with a focus on slot machine entertainment.

The Company presently operates 26 facilities in 18 jurisdictions, including Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario.

In aggregate, Penn National's operated facilities feature approximately 29,000 gaming machines, approximately 600 table games, 2,400 hotel rooms and 1.1 million square feet of gaming floor space.

In 2010, the company reported revenues of $2.45 billion and net loss of $59.5 million.

Penn National acquired the M Resort Casino in Las Vegas in October 2010 for $230.5 million. It also built the Hollywood Casino in Perryville, MD with 1,500 video machines in September 2010.

History

The company originated in 1972 when the Penn National Race Course in Grantville, PA opens with horse racing and wagering.

In 1991, the first Penn Off-Track-Wagering Facility opens in Erie, PA.

The company would go public in 1994. In 1997, Charles Town Races was acquired and began offering slot machines for customers.

In 2000, the company would acquire casinos in Biloxi, MS and St. Louis, MO.

In 2005, Penn completes acquisition of Argosy Gaming and becomes 3rd largest US public gaming company.

Benefits

Generally, to be eligible for the various employee benefits, you must regularly work at least thirty-five hours per week.

Health Coverage
Medical/Rx
Dental
Vision
Employee Assistance Programs (EAP)
Life and Disability Insurance
Basic Life and Accidental Death & Dismemberment (AD&D)
Supplemental Life
Dependent Life
Short Term Disability
Long Term Disability
Financial
401(k) Retirement Savings
Flexible Spending Accounts for Health and Dependant Care Expenses
Pre-tax (Section 125) funding of employee contributions for medical, dental and vision
Paid Time Off

Updated November 20, 2011