Penn National Gaming ( (PENN) ) has released its Q2 earnings. Here is a breakdown of the information Penn National Gaming presented to its investors.
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PENN Entertainment, Inc. is a leading provider of integrated entertainment, sports content, and casino gaming experiences across North America, operating a diverse portfolio of casinos, racetracks, and online betting platforms under well-recognized brands.
In its latest earnings report, PENN Entertainment announced solid financial results for the second quarter of 2025, driven by strong performance in its retail properties and record gaming revenue in its Interactive segment. The company continues to leverage its unique omnichannel ecosystem to enhance its offerings and expand its customer base.
Key financial highlights include total revenues of $1.765 billion, a net loss of $18.3 million, and an adjusted EBITDAR of $392.1 million. The Interactive segment reported revenues of $316.1 million, despite an adjusted EBITDA loss of $62.0 million. PENN also repurchased $115.3 million worth of shares, with plans to repurchase a total of $350 million by the end of the year.
Looking ahead, PENN Entertainment remains focused on its development projects, including the upcoming opening of the new Hollywood Casino in Joliet. The company is optimistic about its growth prospects, supported by its strategic investments and partnerships, including its collaboration with ESPN to enhance its sports betting offerings.