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We are growing our active my choice ® database and are seeing early benefits from our technology investments. These results reflect our continued progress in meeting our strategic objectives. Jay Snowden, President and Chief Executive Officer, commented: “Penn National Gaming generated record first quarter results with revenues of $1.56 billion and Adjusted EBITDAR of $494.7 million. Adjusted EBITDAR margins of 31.6%, a decline of 344bps year-over-year.įor further information, the Company has posted a presentation to its website regarding the first quarter highlights and accomplishments, which can be found here.Adjusted EBITDA of $434.6 million, an increase of 29.1% year-over-year and.Adjusted EBITDAR of $494.7 million, an increase of 10.7% year-over-year.Net income of $51.6 and net income margin of 3.3%, as compared to net income of $90.9 million and net income margin of 7.1% in the prior year.Revenues of $1.56 billion, an increase of 22.7% year-over-year.(Nasdaq: PENN) (“Penn” or the “Company”) today reported financial results for the three months ended March 31, 2022. WYOMISSING, Pa.-(BUSINESS WIRE)-May 5, 2022. Repurchased $175.1 Million of Common Stock Under Share Repurchase Authorization

Raising 2022 Full Year Revenue and Adjusted EBITDAR Guidance Interactive Segment Continues to Deliver Disciplined Growth, Highlighted by the Successful Launch of the Barstool Sportsbook in Louisiana and theScore Bet in Ontario Retail Operations Benefitting from Strong Volumes and Meaningful Database Growth

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