M&A Deal Summary

PENN Entertainment Acquires Sanford-Orlando Kennel Club

On October 17, 2007, PENN Entertainment acquired leisure company Sanford-Orlando Kennel Club

Acquisition Highlights
  • This is PENN Entertainment’s 3rd transaction in the Leisure sector.
  • This is PENN Entertainment’s 8th transaction in the United States.
  • This is PENN Entertainment’s 1st transaction in Florida.

M&A Deal Summary
Date 2007-10-17
Target Sanford-Orlando Kennel Club
Sector Leisure
Buyer(s) PENN Entertainment
Deal Type Add-on Acquisition

Target

Sanford-Orlando Kennel Club

Longwood, Florida, United States
Sanford-Orlando Kennel Club, Inc. offers exciting live greyhound racing.

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Buyer(S) 1

Buyer

PENN Entertainment

Wyomissing, Pennsylvania, United States
Category Company
Founded 1972
Sector Gaming
Employees23,333
Revenue 6.4B USD (2023)
DESCRIPTION

PENN Entertainment owns, operates and has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. PENN Entertainment was founded in 1972 and is based in Wyomissing, Pennsylvania.

DEAL STATS #
Overall 8 of 19
Sector (Leisure) 3 of 8
Type (Add-on Acquisition) 7 of 16
State (Florida) 1 of 1
Country (United States) 8 of 18
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-03 Argosy Gaming

Hobbs, New Mexico, United States

Argosy Gaming Co., Inc. is an owner and operator of casinos and related entertainment and hotel facilities.

Buy $2.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 Heartland Jockey Club

Grove City, Ohio, United States

Heartland Jockey Club Ltd. is a privately held company operates a thoroughbred racetrack for horse racing events.

Buy -
Mergr

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