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PENNNASDAQMarket closedOpens 9:30am ET

PENN Entertainment, Inc.

$15.65Last updated
+$0.16 (1.03%)Past day
Timezone

PENN Entertainment, Inc. (NASDAQ: PENN) is trading at $15.65, about ₹1,503 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.03% today. Indian residents can buy PENN Entertainment from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$15.48
Previous close:$15.49
Volume:3.03M

Today's low

$15.41

Today's high

$15.90

52 week low

$11.65

52 week high

$22.36

PENN opened at $15.48, closed previously at $15.49, and has traded between $11.65 and $22.36 over the past 52 weeks.

About

PENN Entertainment, Inc., along with its various subsidiaries, offers a comprehensive range of entertainment, sports media, and casino gaming services across North America. Its operations are segmented into five distinct divisions: Northeast, South, West, Midwest, and Interactive. The firm manages 44 physical venues across 20 U.S. states, alongside offering online sports wagering in 13 regions and iCasino services in five, all united under a diverse brand umbrella that includes names like Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. Previously known as Penn National Gaming, Inc., the corporation adopted its current name, PENN Entertainment, Inc., in August 2022. Established in 1972, PENN Entertainment, Inc. maintains its headquarters in Wyomissing, Pennsylvania.

Country
US
CEO
Jay A. Snowden
Exchange listed on
NASDAQ
Industry
Gambling, Resorts & Casinos
Base currency
USD
Full Time Employees
23,441
Sector
Consumer Cyclical
IPO date
26/05/1994

Key statistics

Avg. volume

3.21M

Market cap

$2.09B

P/E Ratio

-2.47

Price-to-sales ratio

0.29

Enterprise value

$8.02B

Free cash flow yield

4.15%

Debt-to-equity ratio

3.66

Return on equity

-48.48%

ROIC

-3.44%

Beta

1.38

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$6.96B

Earnings per share

-$5.83

Free cash flow

-$139.50M

Net profit margin

-12.66%

Gross margin

24.13%

EBITDA

$32.00M

Revenue growth

5.82%

Similar securities

This is not an investment recommendation

How to buy PENN Entertainment from India

Indian residents can buy PENN Entertainment shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for PENN Entertainment and place an order

    Find PENN Entertainment by name or by its ticker, PENN, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. PENN Entertainment trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your PENN Entertainment position in USD and INR. PENN Entertainment pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in PENN Entertainment from India

Trading and taxes when buying PENN Entertainment from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NonePENN Entertainment does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy PENN Entertainment stock?

Yes. PENN Entertainment (PENN) has been listed on NASDAQ since 1994, in the Gambling, Resorts & Casinos industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one PENN Entertainment share cost in rupees?

One PENN Entertainment share is $15.65 — about ₹1,503 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the PENN Entertainment price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying PENN Entertainment from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of PENN Entertainment?

Yes. One PENN Entertainment share is $15.65, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in PENN Entertainment.

How are gains on PENN Entertainment shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the PENN Entertainment price. Paasa issues a capital-gains statement for your return.

Does PENN Entertainment pay a dividend?

No. PENN Entertainment does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade PENN Entertainment from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on PENN Entertainment shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare PENN Entertainment shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your PENN Entertainment holding, its cost and its closing value.

How do I sell PENN Entertainment and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.