During the earnings call on August 3, 3036, Sportradar shared its Q2 2026 results, revealing that the company reached €378 million in quarterly revenue, recording a 19%...
Penn Entertainment has shared its Q1 2026 results, reporting $1.78 billion in revenue, which is a 6.4% rise compared to Q1 2025’s $1.67 billion.
The company’s retail segment generated $1.4 billion in revenue, with adjusted EBITDAR of $471.4 million and a 33.2% margin. On the other hand, Penn saw net losses rise to $2.8 million in the quarter, as opposed to 2025’s $111.5 million net income.
The newly rebranded theScore Bet platform reached $172.5 million in Q1 revenue, which was a 6.5% increase, while the iCasino sector grew by 15% to $70.9 million, recording the highest Q1 revenue for the business. Online sports betting generated an additional $65.2 million, a 5.2% rise; meanwhile, other interactive revenue dropped by 4.7% to $36.4 million.
Talking regionally, the Northeast accumulated $687.1 million, the Midwest grew to $305.9 million, the West recorded $145.8 million, and the South segment saw a small decline to $281.3 million.
Penn’s CEO, Jay Snowden, commented:
“Trends were encouraging across the portfolio, with strength in our West segment reflecting the continued ramp of M Resort’s new hotel tower and strong execution by the team at Ameristar Casino Resort and Spa in Black Hawk, Colorado. Increased visitation and higher spend per visit companywide supported year-over-year theoretical revenue growth across all rated worth segments, representing our largest quarterly increase in three years.”
The company concluded Q1 with $1.7 billion in liquidity and traditional net debt at $2.2 billion.
