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Earnings (Loss) per Share - Antidilutive Securities and Reconciliation of Weighted-Average Common Shares Outstanding (Details) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net Income (Loss) Attributable to Parent, Diluted [Abstract]        
Net income (loss) attributable to Penn National $ 198.7 $ (213.9) $ 289.7 $ (822.5)
Net income applicable to preferred stock 1.0 0.0 1.5 0.0
Net income (loss) applicable to common stock $ 197.7 $ (213.9) $ 288.2 $ (822.5)
Weighted-average number of shares outstanding        
Weighted - average common shares outstanding (in shares) 156.0 126.8 155.8 121.3
Convertible debt (in shares) 14.1 0.0 14.1 0.0
Weighted-average common shares outstanding - Diluted (in shares) 172.7 126.8 172.8 121.3
Anti-dilutive securities (in shares) 0.2 3.0 0.2 1.9
Stock options        
Weighted-average number of shares outstanding        
Dilutive stock options and dilutive RSAs (in shares) 2.2 0.0 2.4 0.0
Restricted stock        
Weighted-average number of shares outstanding        
Dilutive stock options and dilutive RSAs (in shares) 0.4 0.0 0.5 0.0
Restricted stock        
Weighted-average number of shares outstanding        
Dilutive stock options and dilutive RSAs (in shares)   0.2   0.3
Convertible Preferred Shares        
Weighted-average number of shares outstanding        
Anti-dilutive securities (in shares) 0.8   0.8