Penn National Gaming
-2.05 %
-10.96 %
Yet to be announced
Company Overview
Penn Entertainment, Inc. is a leading provider of integrated entertainment, sports content, and casino gaming experiences. The company operates casinos, online gaming platforms, and racetracks across multiple U.S. jurisdictions. Their business includes retail casino operations, online sports betting through their Barstool Sportsbook brand, and iGaming platforms.
Revenue Sources
FailBased on SEC filings and company reports, Penn Entertainment generates the majority of its revenue from casino operations, sports betting, and gaming activities. These activities constitute gambling operations, which are considered haram as they involve zero-sum games where money transfers between parties with no underlying product or service exchange. The core business model is based on gambling activities, which represent well over 2.5% of revenue across all recent quarters.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $1.67b | $1.72b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $1.64b | $1.57b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $1.66b | $1.59b | - | - | 0.00% | 0.00% |
| March 31, 2024 | $1.61b | $1.63b | - | - | 0.00% | 0.00% |
While interest income and expense are not explicitly broken out in the provided quarterly data, the company's operations appear to be mature. Given the capital-intensive nature of casino operations and the company's business model, a more detailed analysis of interest figures would be needed for a definitive assessment.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
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