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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Total revenues $ 1,765.0 $ 1,663.0 $ 3,437.5 $ 3,269.9
Operating expenses        
General and administrative 410.3 388.7 813.3 777.6
Depreciation and amortization 110.5 109.1 218.5 217.8
Impairment loss 15.0 0.0 15.0 0.0
Total operating expenses 1,687.5 1,588.5 3,317.2 3,216.8
Operating income 77.5 74.5 120.3 53.1
Other income (expenses)        
Interest expense, net (95.9) (119.4) (206.7) (238.5)
Interest income 2.1 5.8 5.3 12.9
Income from unconsolidated affiliates 13.3 7.8 20.9 15.0
Gain on financing arrangement 0.0 0.0 215.1 0.0
Loss on early extinguishment of debt (11.8) 0.0 (11.8) 0.0
Other 2.9 1.0 4.2 (0.3)
Total other income (expenses) (89.4) (104.8) 27.0 (210.9)
Income (loss) before income taxes (11.9) (30.3) 147.3 (157.8)
Income tax benefit (expense) (6.4) 3.2 (54.1) 15.8
Net income (loss) (18.3) (27.1) 93.2 (142.0)
Net loss attributable to non-controlling interest 0.9 0.3 1.2 0.5
Net income (loss) attributable to PENN Entertainment, Inc. $ (17.4) $ (26.8) $ 94.4 $ (141.5)
Earnings (loss) per share:        
Basic earnings (loss) per share (in dollars per share) $ (0.12) $ (0.18) $ 0.63 $ (0.93)
Diluted earnings (loss) per share (in dollars per share) $ (0.12) $ (0.18) $ 0.59 $ (0.93)
Weighted-average common shares outstanding - basic (in shares) 149.0 152.1 150.6 152.0
Weighted-average common shares outstanding - diluted (in shares) 149.0 152.1 164.7 152.0
Gaming        
Revenues        
Total revenues $ 1,367.7 $ 1,332.3 $ 2,666.0 $ 2,590.6
Operating expenses        
Cost of revenue 869.7 871.1 1,723.5 1,750.6
Food, beverage, hotel, and other        
Revenues        
Total revenues 397.3 330.7 771.5 679.3
Operating expenses        
Cost of revenue $ 282.0 $ 219.6 $ 546.9 $ 470.8