US EditionPENN’s Q2 results show interactive losses continue to shrink
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PENN’s Q2 results show interactive losses continue to shrink
PENN Entertainment has reported a Q2 2025 adjusted EBITDA loss of $62m for its interactive arm, as the ESPN Bet operator continues to edge towards getting into the black for a quarterly reporting period. Losses shrank from Q2 2024’s $102.8m and fell quarter on quarter from Q1 2025’s loss of $89m. Revenue for the digital segment rose year over year (YoY) from $232.6m to $316.1m, although that did include a tax gross up of $137.9m. PENN’s shares…
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