Revenue Disaggregation

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Revenue Disaggregation

Revenue Disaggregation

Our revenues are generated primarily 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 primarily comprised of PENN Interactive’s revenues generated 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 (with no single foreign country’s revenue representing more than 10% of total consolidated revenues) of the related properties, which is consistent with our reportable segments, as follows:

	For the three months ended June 30, 2025
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	635.7	$	224.9	$	97.8	$	263.9	$	145.4	$	—	$	—	$	1,367.7
Food and beverage	38.7		39.1		19.0		16.2		—		1.5		—		114.5
Hotel	13.9		27.0		15.6		9.7		—		—		—		66.2
Other	23.3		11.2		5.3		7.2		170.7		4.2		(5.3)		216.6
Total revenues	$	711.6	$	302.2	$	137.7	$	297.0	$	316.1	$	5.7	$	(5.3)	$	1,765.0

	For the three months ended June 30, 2024
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	624.0	$	230.2	$	94.5	$	265.1	$	118.5	$	—	$	—	$	1,332.3
Food and beverage	35.9		33.4		19.5		15.2		—		1.3		—		105.3
Hotel	13.2		24.2		16.8		10.4		—		—		—		64.6
Other	23.2		10.4		4.5		7.4		114.1		4.6		(3.4)		160.8
Total revenues	$	696.3	$	298.2	$	135.3	$	298.1	$	232.6	$	5.9	$	(3.4)	$	1,663.0

	For the six months ended June 30, 2025
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	1,246.3	$	445.6	$	188.8	$	516.2	$	269.1	$	—	$	—	$	2,666.0
Food and beverage	76.5		73.0		36.6		31.9		—		2.6		—		220.6
Hotel	25.8		51.1		32.4		17.8		—		—		—		127.1
Other	43.9		20.8		9.6		14.0		337.1		8.4		(10.0)		423.8
Total revenues	$	1,392.5	$	590.5	$	267.4	$	579.9	$	606.2	$	11.0	$	(10.0)	$	3,437.5

	For the six months ended June 30, 2024
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	1,240.4	$	464.0	$	186.1	$	525.6	$	174.5	$	—	$	—	$	2,590.6
Food and beverage	72.7		65.6		37.1		30.5		—		2.4		—		208.3
Hotel	24.9		46.6		32.4		18.9		—		—		—		122.8
Other	43.0		20.5		8.5		14.3		265.8		9.5		(13.4)		348.2
Total revenues	$	1,381.0	$	596.7	$	264.1	$	589.3	$	440.3	$	11.9	$	(13.4)	$	3,269.9

(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 $137.9 million and $82.1 million for the three months ended June 30, 2025 and 2024, respectively, and $266.1 million and $198.7 million for the six months ended June 30, 2025 and 2024, respectively.

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