Penn Entertainment has reported its second-quarter results, with its igaming segment, Interactive, recording revenue of US$316.1 million, up 35.9% year over year compared to last year’s figure of US$232.6 million.
Penn’s Interactive sector also saw increased revenue for the first half of the financial year, rising from US$440.3 million to US$606.2 million year-over-year. The segment also saw an adjusted EBITDAR loss of US$62 million in the second quarter.
“Our Interactive segment generated record gaming revenue in both online sports betting and online casino, driven by ongoing product enhancements and the advantages of our unique omnichannel ecosystem,” said Jay Snowden, CEO and President of Penn Entertainment.
