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Earnings per Share - Schedule of Antidilutive Securities and Reconciliation of Weighted-Average Common Shares Outstanding (Details) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]    
Net income attributable to PENN Entertainment, Inc. $ (114.7) $ 514.5
Net income applicable to preferred stock   1.7
Net income applicable to common stock $ (114.7) $ 512.8
Determination of shares:    
Weighted-average common shares outstanding - basic (in shares) 151.9 153.3
Assumed conversion of convertible debt (in shares) 0.0 14.1
Weighted-average common shares outstanding - diluted (in shares) 151.9 168.6
Stock options    
Determination of shares:    
Assumed conversion of dilutive stock options and restricted stock (in shares) 0.0 0.9
Restricted stock    
Determination of shares:    
Assumed conversion of dilutive stock options and restricted stock (in shares) 0.0 0.3