| Revenue Disaggregation Our revenues are generated primarily by providing the following types of services: (i) gaming, inclusive of retail sports betting, iCasino, and OSB; (ii) food and beverage; (iii) hotel; and (iv) other. Other revenues are primarily comprised of PENN Interactive’s revenues generated from third-party iCasino and OSB, in addition to the related gross-up for taxes, racing operations, media advertising, retail, and commissions received on ATM transactions. 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 June 30, 2026 | | (in millions) | Northeast | | South | | West | | Midwest | | Interactive (1) | | Other | | Intersegment Eliminations (2) | | Total | | Revenues: | | | | | | | | | | | | | | | | | Gaming | $ | 654.8 | | | $ | 225.6 | | | $ | 102.2 | | | $ | 284.7 | | | $ | 129.3 | | | $ | — | | | $ | — | | | $ | 1,396.6 | | | Food and beverage | 38.2 | | | 38.2 | | | 22.5 | | | 16.9 | | | — | | | 1.6 | | | — | | | 117.4 | | | Hotel | 15.1 | | | 26.5 | | | 20.7 | | | 10.5 | | | — | | | — | | | — | | | 72.8 | | | Other | 23.5 | | | 11.6 | | | 6.1 | | | 8.5 | | | 220.1 | | | 4.0 | | | (3.2) | | | 270.6 | | | Total revenues | $ | 731.6 | | | $ | 301.9 | | | $ | 151.5 | | | $ | 320.6 | | | $ | 349.4 | | | $ | 5.6 | | | $ | (3.2) | | | $ | 1,857.4 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the three months ended June 30, 2025 | | (in millions) | Northeast | | South | | West | | Midwest | | Interactive (1) | | Other | | Intersegment Eliminations (2) | | Total | | Revenues: | | | | | | | | | | | | | | | | | Gaming | $ | 635.7 | | | $ | 224.9 | | | $ | 97.8 | | | $ | 263.9 | | | $ | 145.4 | | | $ | — | | | $ | — | | | $ | 1,367.7 | | | Food and beverage | 38.7 | | | 39.1 | | | 19.0 | | | 16.2 | | | — | | | 1.5 | | | — | | | 114.5 | | | Hotel | 13.9 | | | 27.0 | | | 15.6 | | | 9.7 | | | — | | | — | | | — | | | 66.2 | | | Other | 23.3 | | | 11.2 | | | 5.3 | | | 7.2 | | | 170.7 | | | 4.2 | | | (5.3) | | | 216.6 | | | Total revenues | $ | 711.6 | | | $ | 302.2 | | | $ | 137.7 | | | $ | 297.0 | | | $ | 316.1 | | | $ | 5.7 | | | $ | (5.3) | | | $ | 1,765.0 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the six months ended June 30, 2026 | | (in millions) | Northeast | | South | | West | | Midwest | | Interactive (1) | | Other | | Intersegment Eliminations (2) | | Total | | Revenues: | | | | | | | | | | | | | | | | | Gaming | $ | 1,270.2 | | | $ | 437.7 | | | $ | 200.3 | | | $ | 557.3 | | | $ | 265.4 | | | $ | — | | | $ | — | | | $ | 2,730.9 | | | Food and beverage | 77.0 | | | 73.9 | | | 44.7 | | | 34.8 | | | — | | | 3.0 | | | — | | | 233.4 | | | Hotel | 26.4 | | | 49.5 | | | 41.3 | | | 18.3 | | | — | | | — | | | — | | | 135.5 | | | Other | 45.1 | | | 22.0 | | | 10.9 | | | 16.1 | | | 442.3 | | | 7.9 | | | (7.7) | | | 536.6 | | | Total revenues | $ | 1,418.7 | | | $ | 583.1 | | | $ | 297.2 | | | $ | 626.5 | | | $ | 707.7 | | | $ | 10.9 | | | $ | (7.7) | | | $ | 3,636.4 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the six months ended June 30, 2025 | | (in millions) | Northeast | | South | | West | | Midwest | | Interactive (1) | | Other | | Intersegment Eliminations (2) | | Total | | Revenues: | | | | | | | | | | | | | | | | | Gaming | $ | 1,246.3 | | | $ | 445.6 | | | $ | 188.8 | | | $ | 516.2 | | | $ | 269.1 | | | $ | — | | | $ | — | | | $ | 2,666.0 | | | Food and beverage | 76.5 | | | 73.0 | | | 36.6 | | | 31.9 | | | — | | | 2.6 | | | — | | | 220.6 | | | Hotel | 25.8 | | | 51.1 | | | 32.4 | | | 17.8 | | | — | | | — | | | — | | | 127.1 | | | Other | 43.9 | | | 20.8 | | | 9.6 | | | 14.0 | | | 337.1 | | | 8.4 | | | (10.0) | | | 423.8 | | | Total revenues | $ | 1,392.5 | | | $ | 590.5 | | | $ | 267.4 | | | $ | 579.9 | | | $ | 606.2 | | | $ | 11.0 | | | $ | (10.0) | | | $ | 3,437.5 | |
(1) Other revenues within the Interactive segment are inclusive of gaming tax reimbursement amounts related to third-party OSB and/or iCasino partners for OSB and iCasino market access of $185.5 million and $137.9 million for the three months ended June 30, 2026 and 2025, respectively, and $371.3 million and $266.1 million for the six months ended June 30, 2026 and 2025, respectively. (2) Primarily represents the elimination of intersegment revenues associated with our retail sportsbooks, which are operated by PENN Interactive.
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