That supremacy should continue with its acquisition of Pinnacle, which, when the deal is completed, will give Penn National 41 properties across 20 jurisdictions operating approximately 53,500 slot machines, 1,300 tables, and having 8,300 hotel rooms. Even though Las Vegas Sands, MGM Resorts, Wynn Resorts, and Caesars Entertainment all operate properties away from the glitz of the Strip or the Boardwalk, they still derive the lion's share of their revenues from those marquee destinations.īoyd, Penn National, and Eldorado Resorts (NASDAQ: ERI) make their money servicing the gambling demands of other locales, with Boyd being the biggest by market capitalization, though Penn generates more revenues. While Las Vegas commands most of the headlines, the shadow it casts allows smaller operators to grow relatively undisturbed out of the spotlight.
