The one and only casino in Tagum City is named Penny Lane Hotel & Casino, and it is located at Apokon Road, Barangay Apokon, Tagum City.

A casino is a facility that offers various types of gambling games, such as slot machines, table games, and sports betting. Casinos are typically located near tourist attractions or in areas with a high population density. The goal of a casino is to provide entertainment to its customers while generating revenue through the house edge, which is the statistical advantage that the casino has over its players.

Casinos are subject to various regulations and laws related to gambling, such as minimum age requirements, licensing, and taxation.

The establishment, in addition to the casino, offers various services such as birthday parties, debuts, wedding receptions and church services, baby showers, seminars, reunions, family and style buffets, Christmas parties, and other special events in the city. The hotel-casino provides several amenities, including parking, a bar, a restaurant, a conference hall, currency exchange, airport pickup, ATM, designated smoking area, and rooms with private bathrooms that are equipped with showers.