Penn National Gaming owns, operates, or has ownership interests in 41 gaming and racing properties in 19 states and video gaming terminal operations with a focus on slot machine entertainment. We also offer live sports betting at our properties in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, Pennsylvania and West Virginia. The Company’s strategy has continued to evolve from an owner and manager of gaming and racing properties into an omni-channel provider of retail and online gaming, live racing, and sports betting entertainment.

In 2020, the Company acquired 36% equity interest in Barstool Sports, Inc., a leading digital sports, entertainment, lifestyle, and media company. Penn National Gaming launched its Barstool Sports book app and products in Pennsylvania, Michigan and Illinois, allowing it to leverage the Barstool brand and marketing engine to drive meaningful market share, as the product is introduced across our leading customer loyalty program, mychoice, with over 20 million casino customers and Barstool's audience of over 66 million loyal fans. In total, Penn National’s properties feature approximately 48,000 gaming machines, 1,300 table games and close to 8,800 hotel rooms. In addition, the Company operates an interactive gaming division through its subsidiary, Penn Interactive Ventures, LLC, which launched iCasino in Pennsylvania and Michigan, and through strategic partnerships, operates online sports betting in Indiana, Pennsylvania, West Virginia, and Iowa.