Revenue Disaggregation

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Revenue Disaggregation

Revenue Disaggregation

Our revenues are generated principally by providing the following types of services: (i) gaming, inclusive of retail sports betting, iCasino, and online sports betting; (ii) food and beverage; (iii) hotel; (iv) advertising; (v) retail; and (vi) other. Other revenues are principally comprised of PENN Interactive’s revenue from third-party online sports betting and/or iCasino operators and the related gross-up for taxes, racing operations, and commissions received on ATM transactions. Our revenue is disaggregated by type of revenue and geographic location of the related properties, which is consistent with our reportable segments, as follows:

	For the three months ended June 30, 2023
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	616.5	$	239.1	$	92.4	$	261.5	$	83.3	$	—	$	—	$	1,292.8
Food and beverage	34.6		34.3		18.0		14.5		—		1.2		—		102.6
Hotel	14.8		25.0		14.5		10.0		—		—		—		64.3
Advertising	—		—		—		—		45.5		—		—		45.5
Retail	2.0		1.5		1.4		0.8		15.5		—		—		21.2
Other	20.1		8.4		3.7		6.5		113.2		5.0		(8.5)		148.4
Total revenues	$	688.0	$	308.3	$	130.0	$	293.3	$	257.5	$	6.2	$	(8.5)	$	1,674.8

	For the three months ended June 30, 2022
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	621.4	$	269.0	$	98.9	$	267.0	$	69.3	$	—	$	—	$	1,325.6
Food and beverage	31.5		33.0		21.6		13.2		—		1.3		—		100.6
Hotel	10.3		26.0		26.4		9.1		—		—		—		71.8
Advertising	—		—		—		—		8.5		—		—		8.5
Retail	1.5		1.8		1.6		0.6		—		—		—		5.5
Other	20.2		8.8		5.3		6.4		77.1		4.6		(7.5)		114.9
Total revenues	$	684.9	$	338.6	$	153.8	$	296.3	$	154.9	$	5.9	$	(7.5)	$	1,626.9

	For the six months ended June 30, 2023
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	1,245.8	$	491.2	$	186.8	$	527.4	$	166.2	$	—	$	—	$	2,617.4
Food and beverage	72.9		65.3		35.3		29.4		—		2.2		—		205.1
Hotel	26.0		46.6		28.0		17.6		—		—		—		118.2
Advertising	—		—		—		—		72.7		—		—		72.7
Retail	3.8		3.0		2.6		1.4		23.8		—		—		34.6
Other	40.0		17.0		7.0		12.8		228.3		9.8		(14.8)		300.1
Total revenues	$	1,388.5	$	623.1	$	259.7	$	588.6	$	491.0	$	12.0	$	(14.8)	$	3,348.1

	For the six months ended June 30, 2022
(in millions)	Northeast		South		West		Midwest		Interactive (1)		Other		Intersegment Eliminations (2)		Total
Revenues:
Gaming	$	1,220.5	$	547.6	$	193.0	$	523.5	$	132.2	$	—	$	—	$	2,616.8
Food and beverage	63.4		64.0		40.9		25.7		—		2.5		—		196.5
Hotel	18.4		48.0		48.7		16.7		—		—		—		131.8
Advertising	—		—		—		—		16.7		—		—		16.7
Retail	3.0		3.4		2.8		1.1		—		—		—		10.3
Other	38.1		17.0		9.3		12.2		147.5		10.7		(15.8)		219.0
Total revenues	$	1,343.4	$	680.0	$	294.7	$	579.2	$	296.4	$	13.2	$	(15.8)	$	3,191.1

(1)    Other revenues within the Interactive segment are inclusive of gaming tax reimbursement amounts related to third-party online sports betting and/or iCasino partners for online sports betting and iCasino market access of $88.5 million and $180.8 million for the three and six months ended June 30, 2023, respectively, as compared to $55.4 million and $105.7 million for the three and six months ended June 30, 2022, respectively.

(2)    Primarily represents the elimination of intersegment revenues associated with our retail sportsbooks, which are operated by PENN Interactive.