PENN’s four regional divisions combined to generate $1.505bn in revenue for a retail segment record. Adjusted EBITDAR rose 5.6% to $517.2m, lifting the retail margin to 34.4%. PENN shares closed up 2.6% at $20.13. PENN Entertainment (PENN) delivered its best quarter since the collapse of its ESPN Bet partnership, pairing a record retail casino performance […] The post PENN Posts Record Retail Q2 as Digital Losses Narrow to $9.5 Million appeared first on Gambling Insider.
Source: Gambling Insider →