PENN(US:PENN)2025-05-08 11:09Retail 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]