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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Total revenues $ 1,673.3 $ 1,564.2
Operating expenses    
General and administrative 392.9 295.5
Depreciation and amortization 107.5 118.2
Total operating expenses 1,474.2 1,272.2
Operating income 199.1 292.0
Other income (expenses)    
Interest expense, net (113.0) (161.3)
Interest income 10.4 0.5
Income from unconsolidated affiliates 2.6 8.7
Gain on Barstool Acquisition, net 83.4 0.0
Gain on REIT transactions, net 500.8 0.0
Other (1.0) (40.7)
Total other income (expenses) 483.2 (192.8)
Income before income taxes 682.3 99.2
Income tax expense (167.9) (47.6)
Net income 514.4 51.6
Less: Net loss attributable to non-controlling interest 0.1 0.1
Net income attributable to PENN Entertainment $ 514.5 $ 51.7
Earnings per share:    
Basic earnings per share (in dollars per share) $ 3.35 $ 0.31
Diluted earnings per share (in dollars per share) $ 3.05 $ 0.29
Weighted average common shares outstanding - Basic (in shares) 153.3 168.2
Weighted average common shares outstanding - diluted (in shares) 168.6 184.2
Gaming    
Revenues    
Total revenues $ 1,324.6 $ 1,291.2
Operating expenses    
Cost of revenue 729.5 686.6
Food, beverage, hotel, and other    
Revenues    
Total revenues 348.7 273.0
Operating expenses    
Cost of revenue $ 244.3 $ 171.9