Penn Entertainment Tops All-Index DEI Rankings

Penn Entertainment scored the highest in the soon-to-be-released All-Index report, courtesy of the All-In Diversity Project.

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A slide from a Penn Entertainment investor presentation. The casino operator topped the new edition of a DEI index. (Image: Penn Entertainment)

The nonprofit organization measures diversity, equity, and inclusion (DEI) efforts across the gaming industry. The index and the related survey serve as avenues to highlight operators’ strengths and weaknesses regarding DEI.

The All-Index is an annual survey open to any business within a specific global industry that measures diversity, inclusion and belonging across their organisation. All participants get a score of 1-100 upon completion to be used as a baseline and benchmark for strategic and stakeholder planning as well as identifying key aims and objectives for the year ahead and beyond,” according to All-In.

The organization noted that Penn, the largest operator of regional casinos, topped the rankings followed by Entain and International Game Technology (IGT). Last year, slot machine giant Aristocrat took the top spot followed by Sweden’s Betsson, with Kindred and IGT tied for third. This year’s full rankings will be released later in the current quarter.

DEI on Casino Industry Radar

In recent years, DEI has become an increasingly prominent part of the corporate lexicon as companies across myriad industries look to diversify their workforces.

One of the driving forces behind the DEI movement is the theory that companies with more gender and racial diversity embrace fresh perspectives and have the potential to outperform less diverse competitors.

“The All-Index sets an annual benchmark for diversity, equality, and inclusion across various industry sectors. Participation is always free and we benchmark your progress for as long as your organisation participates,” notes the index provider.

In addition to the aforementioned gaming companies, All-In Diversity Project member firms include FanDuel parent Flutter Entertainment, Light & Wonder, Facebook owner Meta, and Playtech, among others.

DEI Facing Headwinds

While the gaming industry has made DEI strides, there’s still work to be done on that front, and operators’ level of commitment to diversity could be tested at a time when corporate America is moving away from DEI.

President Trump made the restoration of merit-based hiring and promotions for federal workers one of the centerpieces of his 2024 campaign and last week signed some related executive orders. Since then, major companies such as Amazon, McDonald’s, Meta, and Target, among others, revealed plans to dial back DEI plans.

Conversely, some big corporations, including Costco, Goldman Sachs, and JPMorgan Chase remain committed to DEI.

“For our employees, these efforts are built around inclusion — having all of our employees feel valued and respected. Our efforts at diversity, equity, and inclusion remind and reinforce with everyone at our Company the importance of creating opportunities for all. We believe that these efforts enhance our capacity to attract and retain employees who will help our business succeed,” according to a recent Costco board proposal.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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  • A
    Alberta January 30, 2025
    Couldn’t dump my Penn stock fast enough. Thanks for DEI info. Yuck !
    Reply
  • M
    Michele January 29, 2025
    Too bad that doesn’t include those with special needs like my autistic Husband!
    Reply
  • D
    David January 29, 2025
    I’m selling all my Penn stock today. Us shareholders should sue them for not keeping our best interests at hand. Disgusting management
    Reply

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