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Penn National Gaming revenue declines 77% in second quarter

7th August 2020 8:29 am GMT
Penn National Gaming

New York-listed operator Penn National Gaming has reported a 77 per cent drop in revenue to $305.5m for the second quarter of 2020 as a result of the COVID-19 pandemic, despite strong online growth.

Revenue declined across all four of the company’s regional segments in the United States, with the Northeast seeing revenue fall by 83 per cent year-on-year to $102.7m. Revenue from the South segment declined by 57 per cent to $121.5m, while revenue from [...]

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