Recent Updates — PENN
PENN Entertainment reported second quarter results for the period ended June 30, 2026, posting net income of $32.6 million and diluted earnings per share of $0.24, compared to a net loss of $18.3 million in the prior year period. Total revenues increased 5.2% to $1,857.4 million, driven by record Retail segment revenues of $1.5 billion and strong Interactive segment growth. Consolidated Adjusted EBITDA rose to $312.6 million from $236.1 million a year earlier. The company also announced the repayment of its remaining $106.7 million principal balance of 2.75% Convertible Notes due 2026 on May 15, 2026, and amended credit agreements to reprice and extend debt facilities maturing in 2031 and 2033. PENN Entertainment operates a diversified portfolio of retail casinos, racetracks, and online sports betting and iCasino platforms across North America.