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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Total revenues $ 5,905.0 $ 3,578.7 $ 5,301.4
Operating expenses      
General and administrative 1,352.9 1,130.8 1,187.7
Depreciation and amortization 344.5 366.7 414.2
Impairment losses 0.0 623.4 173.1
Total operating expenses 4,845.4 3,988.9 4,729.5
Operating income (loss) 1,059.6 (410.2) 571.9
Other income (expenses)      
Interest expense, net (561.7) (543.2) (534.2)
Income from unconsolidated affiliates 38.7 13.8 28.4
Loss on early extinguishment of debt 0.0 (1.2) 0.0
Other 2.5 106.6 20.0
Total other expenses (520.5) (424.0) (485.8)
Income (loss) before income taxes 539.1 (834.2) 86.1
Income tax benefit (expense) (118.6) 165.1 (43.0)
Net income (loss) 420.5 (669.1) 43.1
Less: Net (income) loss attributable to non-controlling interest 0.3 (0.4) 0.8
Net income (loss) attributable to Penn National Gaming, Inc. $ 420.8 $ (669.5) $ 43.9
Earnings Per Share [Abstract]      
Basic earnings (loss) per share (in dollars per share) $ 2.64 $ (5.00) $ 0.38
Diluted earnings (loss) per share (in dollars per share) $ 2.48 $ (5.00) $ 0.37
Weighted-average common shares outstanding - basic (in shares) 158.7 134.0 115.7
Weighted-average common shares outstanding - diluted (in shares) 175.5 134.0 117.8
Gaming      
Revenues      
Total revenues $ 4,945.3 $ 3,051.1 $ 4,268.7
Operating expenses      
Cost of revenue 2,540.7 1,530.3 2,281.8
Food, beverage, hotel and other      
Revenues      
Total revenues 959.7 527.6 1,032.7
Operating expenses      
Cost of revenue $ 607.3 $ 337.7 $ 672.7