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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Total revenues $ 1,717.3 $ 1,639.2 $ 5,154.8 $ 4,909.1
Operating expenses        
General and administrative 417.9 392.5 1,231.2 1,170.1
Depreciation and amortization 114.2 108.7 332.7 326.5
Impairment losses 825.0 0.0 840.0 0.0
Total operating expenses 2,493.7 1,571.7 5,810.9 4,788.5
Operating income (loss) (776.4) 67.5 (656.1) 120.6
Other income (expenses)        
Interest expense, net (97.2) (118.4) (303.9) (356.9)
Interest income 2.3 6.3 7.6 19.2
Income from unconsolidated affiliates 8.2 7.1 29.1 22.1
Gain on REIT transaction, net 3.3 0.0 3.3 0.0
Gain on financing arrangement 0.0 0.0 215.1 0.0
Loss on early extinguishment of debt 0.0 0.0 (11.8) 0.0
Other 0.0 2.8 4.2 2.5
Total other expenses (83.4) (102.2) (56.4) (313.1)
Loss before income taxes (859.8) (34.7) (712.5) (192.5)
Income tax benefit (expense) (5.3) (2.8) (59.4) 13.0
Net loss (865.1) (37.5) (771.9) (179.5)
Net loss attributable to non-controlling interest 0.5 0.8 1.7 1.3
Net loss attributable to PENN Entertainment, Inc. $ (864.6) $ (36.7) $ (770.2) $ (178.2)
Loss per share:        
Basic loss per share (in dollars per share) $ (6.03) $ (0.24) $ (5.20) $ (1.17)
Diluted loss per share (in dollars per share) $ (6.03) $ (0.24) $ (5.20) $ (1.17)
Weighted-average common shares outstanding - basic (in shares) 143.5 152.2 148.2 152.1
Weighted-average common shares outstanding - diluted (in shares) 143.5 152.2 148.2 152.1
Gaming        
Revenues        
Total revenues $ 1,325.2 $ 1,288.0 $ 3,991.2 $ 3,878.6
Operating expenses        
Cost of revenue 852.4 826.1 2,575.9 2,576.7
Food, beverage, hotel, and other        
Revenues        
Total revenues 392.1 351.2 1,163.6 1,030.5
Operating expenses        
Cost of revenue $ 284.2 $ 244.4 $ 831.1 $ 715.2