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Earnings (Loss) per Share - Reconciliation of Weighted-Average Common Shares Outstanding (Details) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net Income (Loss) Attributable to Parent, Diluted [Abstract]      
Net income (loss) attributable to PENN Entertainment $ 222.1 $ 420.8 $ (669.5)
Net income applicable to preferred stock 0.9 2.1 0.0
Net income (loss) applicable to common stock $ 221.2 $ 418.7 $ (669.5)
Determination of shares:      
Weighted-average common shares outstanding - basic (in shares) 161.2 158.7 134.0
Assumed conversion of convertible debt (in shares) 14.1 14.1 0.0
Weighted-average common shares outstanding—Diluted (in shares) 176.6 175.5 134.0
Stock options      
Determination of shares:      
Assumed conversion of dilutive employee stock-based awards and restricted stock (in shares) 1.2 2.3 0.0
Restricted stock      
Determination of shares:      
Assumed conversion of dilutive employee stock-based awards and restricted stock (in shares) 0.1 0.4 0.0