Pennsylvania Entertainment Company's third-quarter performance: Despite revenue growth, adjusted EBITDAR remains at -$90.9 million.

Pennsylvania Entertainment Company announced its financial results for the third quarter of 2024. Total revenue was $1.64 billion, a 1.2% increase year-over-year, with adjusted EBITDA at $193.5 million, down 35.2%, and adjusted EBITDAR at $348.4 million, down 21.7%. Despite the declines in EBITDA an

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ESPN Bet hampers Penn Entertainment, according to Deutsche Bank analysts.

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Pennsylvania Entertainment Company's third-quarter performance: Despite revenue growth, adjusted EBITDAR remains at -$90.9 million.

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ESPN Bet’s new linking feature may help Penn in its quest for market share

Penn Entertainment unveils account linking for ESPN Bet