Penn Entertainment reported first-quarter 2026 revenue of $1.78bn, up 6.4% year on year, and a net loss of $2.8m. Its Interactive segment generated $172.5m in revenue, while iCasino revenue rose 15% to $70.9m. CEO Jay Snowden said the company recorded a “solid quarter”.
Penn’s results detail growth in its online segment and continued losses, relevant to investors assessing its digital strategy.
Quarter ended 30 September 2026
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PENN Entertainment CEO Jay Snowden said on a third-quarter earnings call that the company plans to increase lobbying in Texas for gambling expansion. PENN operates two thoroughbred racetracks in the state and said it is prepared to advocate for any proposals that emerge.
PENN Entertainment will push harder in Texas for gambling expansion, CEO Jay Snowden said on Thursday's third-quarter earnings call. That means more time in Texas than the company typically spends there.
PENN Entertainment chief executive Jay Snowden said on a 5 November earnings call that theScore Bet and Hollywood Casino had made a strong start in Alberta, where the company claims about 10% market share in the early months. He said PENN hopes to enter other provinces if they open to private operators; the company reported 17% year-on-year growth in PENN Interactive revenue in Q3 2026 and adjusted EBITDA of US$18.3m loss.
PENN Entertainment CEO Jay Snowden hopes to soon launch in other provinces as talk grows of further regulated expansion in Canada. The remarks came on a third-quarter earnings call on Nov. 5. The company says the launch widened its presence in Canada and leaves it well placed for growth if more provinces privatize.
Reportedly, Hollywood Casino at Kansas Speedway began construction of The Dotte on 25 September. The approximately 140-room hotel will connect to the casino and is expected to open in 2028 under Marriott Bonvoy's Tribute Portfolio brand.
PENN Entertainment said it plans to move its Boomtown Casino & Hotel New Orleans riverboat operations to adjacent land in Louisiana. The company plans to invest $195 million and rebrand the property as Hollywood Casino New Orleans, subject to regulatory approval. It expects the new venue to open in 2029 with 875 slots, 45 table games and a retail sportsbook.
Hollywood Casino Aurora generated $17.4 million in July, its first full month at its new land-based complex, according to Illinois Gaming Board data reported in the report. The casino drew nearly 156,000 visitors and ranked third among the state’s 17 casinos by revenue; Penn Entertainment chief executive Jay Snowden said the business had nearly doubled compared with the same month a year earlier.