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Revenue Disaggregation (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Our revenue is disaggregated by type of revenue and geographic location of the related properties, which is consistent with our reportable segments, as follows:
| For the three months ended June 30, 2024
(in millions) | Northeast |  | South |  | West |  | Midwest |  | Interactive (1) |  | Other |  | Intersegment Eliminations (2) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming | $ | 624.0 |  |  | $ | 230.2 |  |  | $ | 94.5 |  |  | $ | 265.1 |  |  | $ | 118.5 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,332.3 |
Food and beverage | 35.9 |  |  | 33.4 |  |  | 19.5 |  |  | 15.2 |  |  | — |  |  | 1.3 |  |  | — |  |  | 105.3 |
Hotel | 13.2 |  |  | 24.2 |  |  | 16.8 |  |  | 10.4 |  |  | — |  |  | — |  |  | — |  |  | 64.6 |
Other | 23.2 |  |  | 10.4 |  |  | 4.5 |  |  | 7.4 |  |  | 114.1 |  |  | 4.6 |  |  | (3.4) |  |  | 160.8 |
Total revenues | $ | 696.3 |  |  | $ | 298.2 |  |  | $ | 135.3 |  |  | $ | 298.1 |  |  | $ | 232.6 |  |  | $ | 5.9 |  |  | $ | (3.4) |  |  | $ | 1,663.0 |
| For the three months ended June 30, 2023
(in millions) | Northeast |  | South |  | West |  | Midwest |  | Interactive (1) |  | Other |  | Intersegment Eliminations (2) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming | $ | 616.5 |  |  | $ | 239.1 |  |  | $ | 92.4 |  |  | $ | 261.5 |  |  | $ | 83.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,292.8 |
Food and beverage | 34.6 |  |  | 34.3 |  |  | 18.0 |  |  | 14.5 |  |  | — |  |  | 1.2 |  |  | — |  |  | 102.6 |
Hotel | 14.8 |  |  | 25.0 |  |  | 14.5 |  |  | 10.0 |  |  | — |  |  | — |  |  | — |  |  | 64.3 |
Other | 22.1 |  |  | 9.9 |  |  | 5.1 |  |  | 7.3 |  |  | 174.2 |  |  | 5.0 |  |  | (8.5) |  |  | 215.1 |
Total revenues | $ | 688.0 |  |  | $ | 308.3 |  |  | $ | 130.0 |  |  | $ | 293.3 |  |  | $ | 257.5 |  |  | $ | 6.2 |  |  | $ | (8.5) |  |  | $ | 1,674.8 |
| For the six months ended June 30, 2024
(in millions) | Northeast |  | South |  | West |  | Midwest |  | Interactive (1) |  | Other |  | Intersegment Eliminations (2) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming | $ | 1,240.4 |  |  | $ | 464.0 |  |  | $ | 186.1 |  |  | $ | 525.6 |  |  | $ | 174.5 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,590.6 |
Food and beverage | 72.7 |  |  | 65.6 |  |  | 37.1 |  |  | 30.5 |  |  | — |  |  | 2.4 |  |  | — |  |  | 208.3 |
Hotel | 24.9 |  |  | 46.6 |  |  | 32.4 |  |  | 18.9 |  |  | — |  |  | — |  |  | — |  |  | 122.8 |
Other | 43.0 |  |  | 20.5 |  |  | 8.5 |  |  | 14.3 |  |  | 265.8 |  |  | 9.5 |  |  | (13.4) |  |  | 348.2 |
Total revenues | $ | 1,381.0 |  |  | $ | 596.7 |  |  | $ | 264.1 |  |  | $ | 589.3 |  |  | $ | 440.3 |  |  | $ | 11.9 |  |  | $ | (13.4) |  |  | $ | 3,269.9 |
| For the six months ended June 30, 2023
(in millions) | Northeast |  | South |  | West |  | Midwest |  | Interactive (1) |  | Other |  | Intersegment Eliminations (2) |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gaming | $ | 1,245.8 |  |  | $ | 491.2 |  |  | $ | 186.8 |  |  | $ | 527.4 |  |  | $ | 166.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,617.4 |
Food and beverage | 72.9 |  |  | 65.3 |  |  | 35.3 |  |  | 29.4 |  |  | — |  |  | 2.2 |  |  | — |  |  | 205.1 |
Hotel | 26.0 |  |  | 46.6 |  |  | 28.0 |  |  | 17.6 |  |  | — |  |  | — |  |  | — |  |  | 118.2 |
Other | 43.8 |  |  | 20.0 |  |  | 9.6 |  |  | 14.2 |  |  | 324.8 |  |  | 9.8 |  |  | (14.8) |  |  | 407.4 |
Total revenues | $ | 1,388.5 |  |  | $ | 623.1 |  |  | $ | 259.7 |  |  | $ | 588.6 |  |  | $ | 491.0 |  |  | $ | 12.0 |  |  | $ | (14.8) |  |  | $ | 3,348.1 |
(1) Other revenues within the Interactive segment are inclusive of gaming tax reimbursement amounts related to third-party online sports betting and/or iCasino partners for online sports betting and iCasino market access of $82.1 million and $88.5 million for the three months ended June 30, 2024 and 2023, respectively, and $198.7 million and $180.8 million for the six months ended June 30, 2024 and 2023, respectively. Additionally, due to the inclusion of Barstool operating results prior to the disposition on August 8, 2023, other revenues within the Interactive segment for the three months ended June 30, 2023 included $37.2 million in advertising revenue and $15.5 million in retail revenue and $57.1 million in advertising revenue and $23.8 million in retail revenue for the six months ending June 30, 2023. (2) Primarily represents the elimination of intersegment revenues associated with our retail sportsbooks, which are operated by PENN Interactive.

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