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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Total revenues $ 6,578.1 $ 6,362.9 $ 6,401.7
Operating expenses      
General and administrative 1,568.4 1,563.4 1,110.4
Depreciation and amortization 433.6 435.1 567.5
Impairment losses 89.1 130.6 118.2
Loss on disposal of Barstool 0.0 923.2 0.0
Total operating expenses 6,505.6 7,053.1 5,427.7
Operating income (loss) 72.5 (690.2) 974.0
Other income (expenses)      
Interest expense, net (470.5) (464.7) (758.2)
Interest income 23.6 40.3 18.3
Income from unconsolidated affiliates 28.1 25.3 23.7
Gain on Barstool Acquisition, net 0.0 83.4 0.0
Gain on REIT transactions, net 0.0 500.8 0.0
Loss on early extinguishment of debt (0.3) 0.0 (10.4)
Other 5.3 5.5 (72.1)
Total other income (expenses) (413.8) 190.6 (798.7)
Income (loss) before income taxes (341.3) (499.6) 175.3
Income tax benefit 28.0 8.2 46.4
Net income (loss) (313.3) (491.4) 221.7
Less: Net loss attributable to non-controlling interest 1.8 1.4 0.4
Net income (loss) attributable to PENN Entertainment, Inc. $ (311.5) $ (490.0) $ 222.1
Earnings (loss) per share      
Basic earnings (loss) per share (in dollars per share) $ (2.05) $ (3.22) $ 1.37
Diluted earnings (loss) per share (in dollars per share) $ (2.05) $ (3.22) $ 1.29
Weighted-average common shares outstanding - basic (in shares) 152.1 152.1 161.2
Weighted-average common shares outstanding - diluted (in shares) 152.1 152.1 176.6
Gaming      
Revenues      
Total revenues $ 5,169.5 $ 4,905.8 $ 5,201.7
Operating expenses      
Cost of revenue 3,429.0 2,989.4 2,864.4
Food, beverage, hotel, and other      
Revenues      
Total revenues 1,408.6 1,457.1 1,200.0
Operating expenses      
Cost of revenue $ 985.5 $ 1,011.4 $ 767.2