Company Overview: Penn National Gamin - Case Study Example

Summary

The paper "Company Overview: Penn National Gaming" discusses that PNG is a gaming operator currently headquartered at Wyomissing, Pennsylvania. The company's root dates back to the early 1970s when the company opened its first venture 'Penn National Race Course' in the year 1972 in Harrisburg…

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Subject: Marketing
Type: Case Study
Level: Masters
Pages: 22 (5500 words)
Downloads: 4
Author: goodwinherminia

Extract of sample "Company Overview: Penn National Gamin"

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Penn National Gaming (PNG), with its subsidiaries, also operates in the field of racing and gaming industry. Company Overview: Penn National Gaming PNG or Penn National Gaming is a multi-jurisdictional, diversified and manager and owner of pari-mutuel properties and gaming.

According to the recent report, the company operates with around 29 facilities throughout 19 jurisdictions. The list includes Mississippi, Texas, West Virginia, Florida, Maine, Pennsylvania, Louisiana, New Mexico, Indiana, Maryland, Colorado, Iowa, Illinois, Kansas, Missouri, New Jersey, Nevada, Ohio, and Ontario. Apart from that, Penn National Gaming also manages a casino in Canada. The total operated facilities of the company nearly account for 850 table games, 36,800 gaming machines, 2,900 hotel rooms and a gaming floor space of 1.

6 million square feet. The company presently operates with around 17,000 employees. As of 2011, the net revenue of the company was US $ 2 742.25 million. The major products and services of the company include Casino gaming, Off-track wagering facilities, Horse racing and Slot machines (Plunkett, 2009). Some of the company-owned properties include Hollywood Casino Lawrenceburg, Hollywood Casino at Charles Town Races, Hollywood Slots Hotel and Raceway, Hollywood Casino Aurora, Hollywood Casino at Penn National Race Course, Off-track Wagering Facilities, Argosy Casino Riverside, Hollywood Casino Joliet, Argosy Casino Alton, Account Wagering/Internet Wagering, Hollywood Casino Baton Rouge, Pimlico Race Course, Hollywood Casino Bay St.

Louis, Hollywood Casino Tunica, Sioux City, Argosy Casino, Boomtown Biloxi, Black Gold Casino at Zia Park, Bullwhackers, Raceway Park, Hollywood Casino Perryville, Sanford-Orlando Kennel Club, Freehold Raceway, Beulah Park, and Laurel Park (Market Line, 2011). Leadership plays a crucial role in the success of the company. The company is presently headed by Peter M Carlino, who is the chairman and CEO of the company. It is an undeniable fact that leadership is important in every segment of a business.

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