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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Total revenues $ 3,578.7 $ 5,301.4 $ 3,587.9
Operating expenses      
General and administrative 1,130.8 1,187.7 618.9
Depreciation and amortization 366.7 414.2 269.0
Impairment losses 623.4 173.1 34.9
Recoveries on loan loss and unfunded loan commitments 0.0 0.0 (17.0)
Total operating expenses 3,988.9 4,729.5 2,953.8
Operating income (loss) (410.2) 571.9 634.1
Other income (expenses)      
Interest expense, net (543.2) (534.2) (538.4)
Income from unconsolidated affiliates 13.8 28.4 22.3
Loss on early extinguishment of debt (1.2) 0.0 (21.0)
Other 106.6 20.0 (7.1)
Total other expenses (424.0) (485.8) (544.2)
Income (loss) before income taxes (834.2) 86.1 89.9
Income tax benefit (expense) 165.1 (43.0) 3.6
Net income (loss) (669.1) 43.1 93.5
Less: Net (income) loss attributable to non-controlling interest (0.4) 0.8 0.0
Net income (loss) attributable to Penn National (669.5) 43.9 93.5
Comprehensive income (loss) (669.1) 43.1 93.5
Less: Comprehensive loss attributable to non-controlling interest (0.4) 0.8 0.0
Comprehensive income attributable to Penn National $ (669.5) $ 43.9 $ 93.5
Earnings Per Share [Abstract]      
Basic earnings (loss) per share (in dollars per share) $ (5.00) $ 0.38 $ 0.96
Diluted earnings (loss) per share (in dollars per share) $ (5.00) $ 0.37 $ 0.93
Weighted-average common shares outstanding - basic (in shares) 134.0 115.7 97.1
Weighted-average common shares outstanding - diluted (in shares) 134.0 117.8 100.3
Gaming      
Revenues      
Total revenues $ 3,051.1 $ 4,268.7 $ 2,894.9
Operating expenses      
Cost of revenue 1,530.3 2,281.8 1,551.4
Food, beverage, hotel and other      
Revenues      
Total revenues 527.6 1,032.7 629.7
Operating expenses      
Cost of revenue 337.7 672.7 439.3
Management service and license fees      
Revenues      
Total revenues 0.0 0.0 6.0
Reimbursable management costs      
Revenues      
Total revenues 0.0 0.0 57.3
Operating expenses      
Cost of revenue $ 0.0 $ 0.0 $ 57.3