Revenue Disaggregation (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Our revenue is disaggregated by type of revenue and geographic location (with no single foreign country’s revenue representing more than 10% of total consolidated revenues) of the related properties, which is consistent with our reportable segments, as follows:


	For the three months ended September 30, 2025
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	617.2	$	215.2	$	98.4	$	265.1	$	129.3	$	—	$	—	$	1,325.2
Food and beverage	36.7		39.0		19.0		15.7		—		0.6		—		111.0
Hotel	14.0		26.1		16.4		9.9		—		—		—		66.4
Other	22.6		10.7		4.5		7.6		168.4		3.5		(2.6)		214.7
Total revenues	$	690.5	$	291.0	$	138.3	$	298.3	$	297.7	$	4.1	$	(2.6)	$	1,717.3


	For the three months ended September 30, 2024
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	609.9	$	220.2	$	89.8	$	259.1	$	109.0	$	—	$	—	$	1,288.0
Food and beverage	35.8		34.0		18.7		15.5		—		0.5		—		104.5
Hotel	15.7		23.6		17.8		10.4		—		—		—		67.5
Other	23.4		10.3		5.5		7.2		135.6		3.5		(6.3)		179.2
Total revenues	$	684.8	$	288.1	$	131.8	$	292.2	$	244.6	$	4.0	$	(6.3)	$	1,639.2


	For the nine months ended September 30, 2025
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	1,863.5	$	660.8	$	287.2	$	781.3	$	398.4	$	—	$	—	$	3,991.2
Food and beverage	113.2		112.0		55.6		47.6		—		3.2		—		331.6
Hotel	39.8		77.2		48.8		27.7		—		—		—		193.5
Other	66.5		31.5		14.1		21.6		505.5		11.9		(12.6)		638.5
Total revenues	$	2,083.0	$	881.5	$	405.7	$	878.2	$	903.9	$	15.1	$	(12.6)	$	5,154.8


	For the nine months ended September 30, 2024
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	1,850.3	$	684.2	$	275.9	$	784.7	$	283.5	$	—	$	—	$	3,878.6
Food and beverage	108.5		99.6		55.8		46.0		—		2.9		—		312.8
Hotel	40.6		70.2		50.2		29.3		—		—		—		190.3
Other	66.4		30.8		14.0		21.5		401.4		13.0		(19.7)		527.4
Total revenues	$	2,065.8	$	884.8	$	395.9	$	881.5	$	684.9	$	15.9	$	(19.7)	$	4,909.1

(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 $139.5 million and $104.1 million for the three months ended September 30, 2025 and 2024, respectively, and $405.6 million and $302.8 million for the nine months ended September 30, 2025 and 2024, respectively.

(2) Primarily represents the elimination of intersegment revenues associated with our retail sportsbooks, which are operated by PENN Interactive.