PENN

PENN Entertainment, Inc.

Sector: consumer cyclicalGambling, Resorts & CasinosNASDAQMarket Cap: $1.90B

PENN Entertainment operates regional casinos and sports betting platforms with minimal federal government dependence and low political/regulatory exposure relative to gaming peers.

Govt Dependence

25/100

Regulatory Density

45/100

Lobbying Intensity

15/100

Political Signal

LOW

BusinessWhat PENN does

PENN Entertainment operates a portfolio of regional casino properties across the United States and owns Barstool Sports, a digital media and sports betting platform. Primary revenue streams include gaming (slots, table games), hospitality (hotels, restaurants), and sports betting/iGaming through its Barstool Sportsbook subsidiary.

Lifetime Government AwardsPENN federal contracts

PENN doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding PENN

$361.0M

Total PENN held by tracked 13F funds

Funds with PENN positions

+33

Funds opened this quarter

Citadel Advisors $46M opened 2024-03-31

Citadel Advisors $40M opened 2024-12-31

Soros Fund Management $36M opened 2025-03-31

Citadel Advisors $31M opened 2024-06-30

Citadel Advisors $27M opened 2024-09-30

Two Sigma Investments $23M opened 2025-12-31

Citadel Advisors $19M opened 2025-03-31

Citadel Advisors $15M opened 2025-06-30

25 more 13F positions tracked · quarterly delta charts available in member dashboard

Congressional TradesWho in Congress is trading PENN

2022-01-21 Ro Khanna D-California · house sale $1,001 - $15,000

2022-01-21 Ro Khanna D-California · house Sale $1,001 - $15,000

2021-12-16 (unknown) Purchase $1,001 - $15,000

2021-12-16 (unknown) purchase $1,001 - $15,000

2021-02-09 (unknown) Purchase $1,001 - $15,000

2021-02-09 (unknown) purchase $1,001 - $15,000

2021-01-22 (unknown) Purchase $1,001 - $15,000

2021-01-22 (unknown) purchase $1,001 - $15,000

2021-01-21 (unknown) purchase $1,001 - $15,000

2021-01-21 (unknown) Purchase $1,001 - $15,000

10+ trades on file · most recent 2022-02-08

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills to WatchLegislation flagged by our analysis

state sports betting legalizationtribal gaming compactsonline gambling regulation

Political ProfileWhere PENN sits in Washington

PENN's exposure is primarily state-level (gaming commissions, state legislatures) rather than federal. Federal policy changes rarely move the stock materially; state-by-state sports betting legalization is the primary political variable.

Regulatory ExposureThreats & opportunities

Regulatory threats

state gaming tax increases
responsible gambling mandates
sports betting integrity regulations

Regulatory opportunities

interstate sports betting compacts
online gaming expansion
tribal gaming revenue sharing

Member intelligence layer

Live signals + predictions for PENN — for Founders

The free page above gives you the public record. Members see the real-time intelligence layer on top of it:

Live 7-layer signal scores when Congress trades PENN
Bill Pass Index v2 odds for every bill on the watch list
Iron Triangle alerts (committee × donor × trade)
SEC Form 4 cluster detection (CEO + CFO + director buys)
Whale-Opportunity expected-value ranking
Custom watchlist alerts via email + Discord

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Frequently AskedAbout PENN & political exposure

Does PENN Entertainment, Inc. (PENN) hold federal contracts?

No direct prime contracts reported in USASpending.gov for PENN Entertainment, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.

Has Congress traded PENN stock?

10 congressional trades by 3 unique members of Congress, most recently on 2022-01-21. See the Congressional Trading panel for politician-by-politician breakdown.

What is PENN political risk profile?

Government dependence: 25/100. Lobbying intensity: 15/100. Political signal: low.

How does GovGreed track PENN political activity?

GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. PENN data is updated daily from these official federal sources.