PENN Entertainment has reported a 1 per cent drop in revenue to $6.36 billion for the full 2023 year, as revenue in the final quarter of the year fell by 12 per cent.
Revenue in Q4 declined to $1.40 billion, comprising revenue of $1.37 billion from the company’s retail properties, and $31.5 million from Interactive after including a tax gross-up of $107.0 million.
Q4 and Full Year 2023 Revenue Comparison (US$)
“PENN delivered another quarter of solid property [...]