Strategic management case on Penn National Gaming Study

Strategic management on Penn National Gaming - Case Study Example The report will be primarily divided into three sections. The first section will be presenting a brief overview of the company. Apart from that, this section will also shed light on the history, competitors, mission and vision statement of the company. The second section will discuss and analyze the current strategies of the company. In addition, the financial data will also be covered. The last section will emphasize on the findings from all the strategic and financial analyses. Finally few recommendations will be provided to improve the efficiency of the company. Penn National Gaming: History Penn National Gaming is a gaming operator, which is currently headquartered at Wyomissing, Pennsylvania, United States. The root of the company dates back to the early 1970s when the company opened its first venture ‘Penn National Race Course’ in the year 1972 in Harrisburg, Pennsylvania. ... 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 accounts to 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,