Revenue Disaggregation

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Revenue Disaggregation

Revenue Disaggregation

Our revenues are generated principally by providing the following types of services: (i) gaming, inclusive of retail sports betting, iCasino, and online sports betting; (ii) food and beverage; (iii) hotel; and (iv) other. Other revenues are principally comprised of PENN Interactive’s revenue from third-party online sports betting and the related gross-up for taxes, racing operations, advertising, retail, and commissions received on ATM transactions. Our revenue is disaggregated by type of revenue and geographic location of the related properties, which is consistent with our reportable segments, as follows:

	For the three months ended March 31, 2024
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	616.4	$	233.8	$	91.6	$	260.5	$	56.0	$	—	$	—	$	1,258.3
Food and beverage	36.8		32.2		17.6		15.3		—		1.1		—		103.0
Hotel	11.7		22.4		15.6		8.5		—		—		—		58.2
Other	19.8		10.1		4.0		6.9		151.7		4.9		(10.0)		187.4
Total revenues	$	684.7	$	298.5	$	128.8	$	291.2	$	207.7	$	6.0	$	(10.0)	$	1,606.9

	For the three months ended March 31, 2023
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	629.3	$	252.1	$	94.4	$	265.9	$	82.9	$	—	$	—	$	1,324.6
Food and beverage	38.3		31.0		17.3		14.9		—		1.0		—		102.5
Hotel	11.2		21.6		13.5		7.6		—		—		—		53.9
Other	21.7		10.1		4.5		6.9		150.6		4.8		(6.3)		192.3
Total revenues	$	700.5	$	314.8	$	129.7	$	295.3	$	233.5	$	5.8	$	(6.3)	$	1,673.3

(1)    Other revenues within the Interactive segment are inclusive of gaming tax reimbursement amounts related to third-party online sports betting and/or iCasino partners for online sports betting and iCasino market access of $116.6 million and $92.3 million for the three months ended March 31, 2024 and 2023, respectively. Additionally, the period ending March 31, 2023 included $19.9 million in advertising revenue and $8.3 million in retail revenue due to the inclusion of Barstool operating results prior to the disposition on August 8, 2023.

(2)    Primarily represents the elimination of intersegment revenues associated with our retail sportsbooks, which are operated by PENN Interactive.