Jay Snowden, President and Chief Executive Officer, commented: “We achieved many significant milestones in the third quarter.
Adjusted EBITDAR margins of 31.8%, as compared to 40.1% in the prior year and 30.1% in 2019.įor further information, we have posted a presentation to our website regarding the third quarter highlights and accomplishments, which can be found here.Adjusted EBITDAR of $480.3 million, an increase of $27.7 million year over year and $72.4 million versus 2019 and.
(NASDAQ: PENN) (“Penn National” or the “Company”) today reported financial results for the three and nine months ended September 30, 2021. Ongoing Growth in Core Businesses Driven by High-End Guests, Continued Engagement with Younger Demographics and Enhanced by New Technology Barstool Sportsbook Mobile App Continues to Expand Through Disciplined Growth While Driving Sustainable Market Share