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Penn reports Q1 digital growth as online casino revenue rises 15%

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Penn Entertainment reported that its interactive segment generated $172.5 million in Q1, up from $161.9 million a year earlier. The company said online casino revenue increased 15% year on year and chief executive Jay Snowden hopes the digital business will become profitable by year-end. Penn also said it plans to invest about $20 million in customer acquisition.

Penn’s online casino revenue grew, while its profitability target and planned customer acquisition investment matter to investors.

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Latest reported results

PENN Entertainment NASDAQ: PENN

Quarter ended 30 September 2026

Revenue
USD 1.84bn
Operating income
USD 127.3m10-Q filing 0000921738-26-000028

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Penn Entertainment reports $1.5bn third-quarter revenue

Penn Entertainment reported third-quarter results on 5 November, with revenue of $1.5 billion, the company said. Adjusted EBITDAR was $501.8 million, while its interactive business recorded revenue of $348.4 million and an Adjusted EBITDA loss of $18.3 million.

Penn Entertainment released its third-quarter results on Thursday morning and said revenue was a record. Revenue reached $1.5 billion, and Adjusted EBITDAR was $501.8 million. Margins for Segment Adjusted EBITDAR stood at 33.7%.

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