Retail Segment Performance - Retail segment demonstrated strong resilience, with gaming volumes rebounding in March and remaining consistent through April and early May[7] - April retail trends were stable, showing year-over-year revenue growth across properties, especially those unaffected by new supply[13] - Total retail revenue growth in April was +2%, but excluding new supply markets, the growth was +4%[14] Interactive Segment Performance - Interactive segment generated record gaming revenue and significant year-over-year improvements in both Adjusted Revenue and Adjusted EBITDA[7] - Q1 2025 Interactive Adjusted Revenue reached $161.9 million[57] - The company saw a $71 million year-over-year Adjusted Revenue growth in the Interactive segment[26] - The company saw a $107 million year-over-year Adjusted EBITDA improvement in the Interactive segment[26] - iCasino momentum is building, supported by the standalone iCasino app in PA and MI[7] - iCasino business continues to grow, achieving record NGR and average MAUs in Q1 2025, with +20% Q1 year-over-year growth in average MAUs[33][34] Strategic Initiatives - The company repurchased $35 million of shares year-to-date and remains committed to repurchasing at least $350 million of shares this year[7] - The company announced the landside relocation of Ameristar Council Bluffs in Iowa, with an estimated project budget of approximately $180-$200 million[7][19]

Exhibit 99.1 PENN Entertainment, Inc. Reports First Quarter Results WYOMISSING, PA (May 8, 2025) - PENN Entertainment, Inc. ("PENN" or the "Company") (Nasdaq: PENN) today reported financial results for the quarter ended March 31, 2025. Jay Snowden, Chief Executive Officer and President, said: "PENN's properties demonstrated strong resilience in the quarter following severe weather challenges earlier in the year, as gaming volumes rebounded in March and remained consistent through April and early May. In our ...

Industry Overview - The Consumer Discretionary sector has experienced mixed performance in 2025 due to elevated inflation, high interest rates, and uncertainty in trade and fiscal policies, leading to cautious consumer behavior in discretionary spending categories [1] - Despite a relatively stable job market, inflationary pressures and rising living costs have constrained consumer spending ability [1] - Businesses in the sector face planning challenges due to unpredictable tariff developments affecting sourcing, pricing strategies, and inventory management [1] Earnings Performance - As of April 30, 43.3% of companies in the Zacks Consumer Discretionary sector, representing 60.9% of the sector's market capitalization, reported earnings, with 53.8% beating earnings estimates and 46.2% surpassing revenue estimates [2] - Year-over-year earnings increased by 4% on a 0.7% rise in revenues, influenced by inflationary pressures and fluctuating consumer sentiment, particularly among lower-income households [2] - First-quarter 2025 earnings for the sector are expected to increase by 0.8% year-over-year, a significant decline from the 19% growth in the previous quarter [4] Segment Performance - The leisure and recreation services segment has performed relatively well despite headwinds, driven by a shift in consumer preference towards experience-based spending in fitness, gaming, and entertainment [3] - However, the industry is facing challenges such as rising labor and supply costs, tightening pricing flexibility, and increased competition [3] Company-Specific Insights - Planet Fitness is set to report first-quarter 2025 results, with an Earnings ESP of +0.71% and a Zacks Rank of 3, indicating a potential earnings beat [5][6] - The Zacks Consensus Estimate for Planet Fitness's first-quarter 2025 revenues is $280.7 million, reflecting a 13.2% increase year-over-year, with EPS expected to be 62 cents, up 17% from the previous year [7] - Peloton Interactive is expected to report a revenue decrease of 13.7% year-over-year, with a consensus estimate of $619.7 million and a projected loss per share of 6 cents, an improvement from a loss of 45 cents in the prior year [9] - Xponential Fitness is anticipated to report a revenue decline of 4.3% year-over-year, with revenues pegged at $76.1 million and EPS expected to decline by 6.3% [11] - PENN Entertainment is projected to report first-quarter revenues of $1.7 billion, indicating a 5.9% growth year-over-year, with a consensus loss per share of 29 cents, improving from a loss of 79 cents in the previous year [13]

Core Viewpoint - PENN Entertainment is expected to report a quarterly loss of $0.29 per share, a 63.3% increase in losses compared to the same period last year, with revenues projected at $1.7 billion, reflecting a year-over-year increase of 5.9% [1] Earnings Estimates - The consensus EPS estimate has been revised down by 48.6% over the last 30 days, indicating a significant reevaluation by analysts [2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Projections - Analysts estimate 'Revenues- West segment' to be $127.21 million, a decrease of 1.2% year over year [5] - The 'Revenues- Interactive segment' is projected at $312.88 million, indicating a substantial increase of 50.6% from the prior-year quarter [5] - 'Revenues- Midwest segment' is expected to reach $286.12 million, reflecting a year-over-year decline of 1.8% [5] - 'Revenues- Northeast segment' is projected at $683.75 million, showing a slight decrease of 0.1% from the year-ago quarter [6] - 'Revenues- South segment' is anticipated to be $287.13 million, indicating a year-over-year decline of 3.8% [6] - 'Revenues- Other segment' is expected to reach $6.15 million, reflecting a year-over-year increase of 2.5% [6] Adjusted EBITDAR Estimates - 'Adjusted EBITDAR- Midwest segment' is estimated at $111.47 million, down from $117 million in the previous year [7] - 'Adjusted EBITDAR- West segment' is projected at $45.25 million, slightly lower than the $45.90 million reported in the same quarter last year [7] - 'Adjusted EBITDAR- South segment' is expected to be $104.05 million, down from $113.50 million in the prior year [8] - 'Adjusted EBITDAR- Northeast segment' is projected at $200.12 million, compared to $202.60 million reported in the same quarter last year [8] Stock Performance - Over the past month, shares of PENN Entertainment have returned +12.6%, outperforming the Zacks S&P 500 composite's +11.5% change [8] - Currently, PENN carries a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [8]

Core Insights - Everi Holdings Inc. has integrated its CashClub Wallet technology into Penn Entertainment's PENN Wallet at M Resort Spa Casino in Nevada, marking Everi's first mobile wallet installation in the state [1][2] Group 1: Cashless Payment Solutions - The PENN Wallet allows M Resort guests to make cashless payments throughout the gaming floor, leveraging existing loyalty and payment systems [2] - CashClub Wallet enhances patron engagement by providing frictionless, omni-channel payment solutions, which drive additional volume and improve operational efficiencies [3] - The CashClub Wallet is the most widely adopted land-based digital gaming wallet in the U.S., incorporating various funding sources such as PayPal and Apple Pay [4] Group 2: Consumer Trends and Company Strategy - There is a growing consumer preference for self-service capabilities across spending experiences, and Everi aims to enhance casino player engagement through comprehensive mobile funding solutions [5] - Everi's mission is to lead the gaming industry by developing innovative products and services that improve patron engagement and operational efficiency for casino operators [6]

Wall Street expects a year-over-year increase in earnings on higher revenues when PENN Entertainment (PENN) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 8. ...

We previously covered PENN Entertainment (NASDAQ: PENN ) in May 2024, discussing how it had underperformed expectations with the stock declining by -32%, well behind the wider market at +20% since theI am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a ...

PENN Entertainment, Inc. (PENN) reported fourth-quarter 2024 results, with adjusted earnings and revenues missing the Zacks Consensus Estimate. Both the metrics increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.PENN's fourth-quarter property-level operating results demonstrated strong performance, with properties unaffected by new competition. Despite widely recognized and customer-favorable sports betting outcomes during the quarter, the Interactiv ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 PENN Entertainment, Inc. (Exact name of registrant as specified in its charter) Pennsylvania 23-2234473 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file ...

FOURTH QUARTER 2024 EARNINGS PRESENTATION February 27, 2025 FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as "expects," "believes," "estimates," "projects," "intends," "plans," "goal," "seeks," "may," "will," "should," or "anticipates" or the negative or other variations of these or similar words, or by discussions ...