PENN Entertainment has reported a 24 per cent increase in revenue from its Interactive business to $196.3 million during the third quarter of 2023, as the operator prepares to transition its online sportsbook to the ESPN BET brand later this month.
Despite the strong Interactive performance, PENN recorded a marginal 0.3 per cent fall in overall Q3 revenue to $1.62 billion, with year-on-year declines across most of its other business segments.
Revenue from the Northeast segment increased [...]