PENN Entertainment, Inc..
PENN.US | Gambling and betting activities
PENN Entertainment, Inc. is a leading provider of integrated entertainment, sports content, and casino gaming experiences. The company operates casinos, racetracks, and online gaming platforms, including sports betting and iCasino. PENN Entertainment owns and manages a diverse portfolio of propertie...Show More
Better Health for All
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The company's core business of online gambling and sports betting is associated with severe, widespread health damage, as evidenced by 40.7% of online-exclusive gamblers indicating at least one problem gambling characteristic.
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All of the company's revenue is derived from gambling activities, which have well-established negative health outcomes. While the company states it complies with advertising standards and the American Gaming Association's code of conduct for responsible gaming messaging, and provides resources like helpline numbers, it does not quantify the effectiveness or reach of these disclosures.
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The company's operations generate significant negative health externalities, with online gambling revenues in Pennsylvania alone reaching over $2.1 billion in 2023-24, coinciding with a rise in calls to gambling helplines.
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The company offers basic addiction controls such as self-exclusion programs and financial/time limits, and provides some resources for problem gamblers, but these efforts are limited given the scale of the problem.
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Similarly, mental health support is limited to providing resources for problem gamblers, without broader initiatives.
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Healthcare education efforts are primarily focused on providing information about problem gambling through signage and brochures, rather than comprehensive health literacy programs.
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In terms of global health crisis response, the company provided assistance to 2,000 employees impacted by Hurricane Katrina in 2005, which is a reactive response.
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The company's health equity programs are limited to general diversity, equity, and inclusion initiatives and scholarships for employees' children, without specific health equity focus or measurable impact on health disparities.
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Fair Money & Economic Opportunity
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No evidence available to assess PENN Entertainment, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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For the 2024 fiscal year, PENN Entertainment's CEO-to-median employee pay ratio was 734:1, based on a CEO compensation of $26,676,300 and a median employee pay of $36,323.
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In 2022, 97% of shareholders voted against the CEO's compensation package.
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In 2023, over 18,000 team members completed an engagement survey, with 85% of team members feeling that Diversity, Equity, and Inclusion (DE&I) was valued at PENN, and favorability scores for DE&I-related questions being 81% or higher.
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Fair Trade & Ethical Sourcing
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No evidence available to assess PENN Entertainment, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence available to assess PENN Entertainment, Inc. on Honest & Fair Business.
Kind to Animals
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PENN Entertainment, Inc. is a service-oriented company operating casinos, racetracks, and online gaming platforms. Therefore, KPIs related to product-based animal welfare, such as cruelty-free certification, alternative testing, ethical input substitution, cage-free sourcing, animal testing policy, animal testing volume, innovation investment, and animal-free R&D collaboration, are not applicable. The company's Animal Welfare Policy focuses on the health and safety of horses at its racetracks and outlines sanctions for horse mistreatment.
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However, multiple incidents of severe animal welfare violations have occurred at Penn National Race Course, a PENN Entertainment property. These include a conspiracy between May 2023 and November 2024 involving a veterinarian and 13 trainers who administered intra-articular injections to 139 horses within prohibited stand-down periods.
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As a result, 30% of these horses never raced again, and three were euthanized due to injuries sustained in races.
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This indicates severe space restrictions and minimal compliance with basic industry standards, leading to high mortality rates. Additionally, PENN Entertainment pledged to never again host an animal circus at its 41 properties nationwide, but one of its owned racetracks, Sam Houston Race Park, decided to host UniverSoul Circus, contradicting its public stance.
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No War, No Weapons
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The provided articles, including corporate social responsibility reports and political activity statements, do not contain any specific data or information relevant to the 'No War, No Weapons' ethical value. The company's core business is integrated entertainment, sports content, and casino gaming experiences. The reports focus on ESG initiatives pertinent to the gaming industry, such as charitable giving, diversity, environmental emissions, and responsible gaming.
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There is no mention of arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, conflict divestment policies, board oversight of defense activities, export certifications, lobbying against arms control, humanitarian procurement, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use item screening, surveillance transparency, ethical red lines, exposure to controversial weapons, war-related supply chain risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace technology investment, or procurement from conflict-affected areas.
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Planet-Friendly Business
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No evidence available to assess PENN Entertainment, Inc. on Planet-Friendly Business.
Respect for Cultures & Communities
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PENN Entertainment has 8 formal partnerships, including one with the Jamul Indian Village
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and 7 with HBCUs.
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In 2020, the company generated over $12 million in economic development funds for host communities in Indiana, Iowa, and Kansas,
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and donated $9 million in 2024 to local organizations.
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No cultural appropriation incidents have been reported.
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The workforce includes 25% African American
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and 10% Latino/Hispanic team members,
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but a specific local employment ratio is not provided.
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An Employee Assistance Program offers 24/7 advice,
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but community-specific grievance mechanisms are not detailed.
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The company entered into agreements with the Jamul Indian Village,
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indicating some FPIC participation. Diverse vendor spend exceeded $108 million in 2023,
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a 70% increase since 2020,
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but a specific local procurement share is not available.
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In 2024, 8% of the PENN Entertainment Foundation's charitable giving was allocated to cultural affairs and diversity.
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The PENN Scholarship Program commits $1 million annually.
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All team members complete three DEIB e-courses,
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and management receives unconscious bias and inclusion training.
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Safe & Smart Tech
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PENN Entertainment provides periodic and mandatory cybersecurity training for personnel, scaled to roles and responsibilities, including payment card handling.
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The company utilizes ongoing vulnerability assessments and cybersecurity threat intelligence, along with firewalls, intrusion prevention/detection systems, and anti-malware.
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Security testing is performed through auditing, assessments, tabletop exercises, threat modeling, and vulnerability testing.
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Users can request access, deletion, and correction of their data, and opt-out of targeted advertising.
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Online gaming apps allow users to set monetary and time limits, and use check-in features.
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The company states it retains data only as necessary, with de-identification after the retention period, and complies with applicable laws, including gaming regulations, GDPR, and CCPA.
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Authentication methods, including access controls, are deployed.
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Zero Waste & Sustainable Products
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PENN Entertainment has achieved a 91% reduction in plastic bottles at one casino and eliminated over 1.3 million single-use plastic amenity bottles annually, saving approximately 4 tons of plastic.
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The company also eliminated over 44,000 plastic oil jug-in-box units in 2024.
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These efforts contribute to waste reduction initiatives, which also include a 22,000-pound reduction in paper waste and the recycling of over 1.5 million pounds of used cooking oil in 2024, a 73% increase from the previous year.
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The company has a target to reduce annual direct mail volume by 84% from 2019 levels by 2027.
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No waste disposal violations have been reported in the past three years.
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Customer waste education is limited to student sustainability ambassadors educating fans at Beaver Stadium suites.
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