PENN Entertainment, Inc. reported strong financial results for the second quarter of 2025, with significant contributions from its interactive segment, which achieved record gaming revenue.

The company highlighted stable customer demand and growth in revenue from properties not impacted by new supply.

PENN is also advancing its development projects, with the upcoming opening of a new Hollywood Casino in Joliet. Additionally, the company has repurchased $115.3 million of shares, aiming to reach a target of $350 million in share repurchases by the end of the year.

Jay Snowden, Chief Executive Officer and President, said: “PENN’s diverse portfolio of retail properties delivered another solid quarter.

Our Interactive segment generated record gaming revenue in both online sports betting (“OSB”) and online casino (“iCasino”), driven by ongoing product enhancements and the advantages of our unique omnichannel ecosystem. Corporate overhead costs in the quarter included approximately $9.4 million of legal and advisory expenses.

Through August 6, 2025we have repurchased $115.3 millionof shares and remain committed to our previously stated goal to repurchase at least $350 million of shares this year.