The Interactive segment, which includes online sports betting and iCasino operations, reported revenues of $196.3 million, despite an adjusted EBITDA loss of $50.2 million. The company's Adjusted EBITDAR stood at $445.1 million, with margins of 27.5%. PENN reported Q3 revenues of $1.62 billion, with a net loss of $725.1 million. The company reported stable retail performance and exciting digital initiatives, despite facing challenges in the quarter. On November 2, 2023, PENN Entertainment Inc ( NASDAQ:PENN) released its financial results for the third quarter of 2023. Warning! GuruFocus has detected 5 Warning Signs with PENN. The company plans to launch ESPN BET across 17 states on November 14, subject to final approvals. Gambling problem For free confidential help, call the National Problem Gambling Helpline at 1-800-GAMBLER.Must be 21+ to wager. PENN's total liquidity as of September 30, 2023, was $2.3 billion, inclusive of $1.3 billion in cash and cash equivalents. July 5, 2023: Pennsylvania sportsbooks collected 495.6 million in bets for the month of May. The company's Interactive segment reported revenues of $196.3 million, despite an adjusted EBITDA loss of $50.2 million. At just shy of 492 million, overall revenue was up 55.8 from 315.7 million recorded in FY 2021-22. PENN Entertainment Inc ( NASDAQ:PENN) reported Q3 2023 revenues of $1.62 billion, with a net loss of $725.1 million.
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