TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo April 2, 2024 Philip D'Ambrosio Executive Vice President and Treasurer Madison Square Garden Entertainment Corp. Two Penn Plaza New York, NY 10121 Re: Madison Square Garden Entertainment Corp. Form 10-K for Fiscal Year Ended June 30, 2023 Response dated March 21, 2024 File No. 001-41627 Dear Philip D'Ambrosio: We have reviewed your March 21, 2024 response to our comment letter and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our March 12, 2024 letter. Form 10-K for Fiscal Year Ended June 30, 2023 Consolidated and Combined Financial Statements Consolidated and Combined Statements of Operations, page F-4 1. We read your response to prior comment 2. As noted on page 34, food and beverage revenues are recognized on a gross basis and appear to constitute sales of tangible products, rather than revenue from services. Please present revenues and direct operating expenses associated with tangible products, services and leasing activities separately, if they represent more than 10% of total revenues in any period presented. Revenues for items that represent less than 10% of total revenues may be aggregated with revenues for other items that also represent less than 10% of total revenues. Direct operating expenses should be combined in the same manner as the related revenues. Refer to Rules 5-03.1 and 5-03.2 of Regulation S-X. Philip D'Ambrosio Madison Square Garden Entertainment Corp. April 2, 2024 Page 2 Please contact Suying Li at 202-551-3335 or Rufus Decker at 202-551-3769 if you have questions. FirstName LastNamePhilip D'Ambrosio Sincerely, Comapany NameMadison Square Garden Entertainment Corp. Division of Corporation Finance April 2, 2024 Page 2 Office of Trade & Services FirstName LastName