PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript Summary
PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript Summary
Total liquidity at the end of Q3 was $1.8 billion, with $834 million in cash and cash equivalents.The following is a summary of the PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript:
以下是佩恩國民博彩有限公司（PENN）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務表現:
Q3 revenue reached $1.4 billion with adjusted EBITDA of $472 million.
Interactive segment saw year-over-year OSB NGR growth of over 200% in Q3 due to higher parlay mix and lower promotional expenses.
Total liquidity at the end of Q3 was $1.8 billion, with $834 million in cash and cash equivalents.
Total Q3 CapEx was $132 million, with $69 million related to development projects.
第三季度營業收入達到14億美元，調整後的息稅折舊及攤銷前利潤（EBITDA）爲47200萬美元。
交互業務板塊由於更高的串關比例和較低的促銷費用，第三季度的年增長營收淨遊戲收入（NGR）增長超過200%。
第三季度末的總流動資金爲18億美元，現金及現金等價物爲83400萬美元。
第三季度總資本支出爲13200萬美元，其中6900萬美元用於開發項目。
Business Progress:
業務進展：
Launched seven new ESPN BET branded retail sportsbooks and introduced significant product enhancements to ESPN BET.
Implementing renovations at L'Auberge Casino, expected to drive higher gaming spend per customer post-completion in January 2025.
Planned launches for the Hollywood Casino app in Pennsylvania and other locations pending regulatory approvals.
推出了七家新的ESPN BEt品牌零售體育書和對ESPN BEt進行了重大產品改進。
預計於2025年1月完成對L'Auberge Casino的翻新工程，有望提高每位客戶的arvr遊戲消費額。
計劃於賓夕法尼亞州的Hollywood Casino應用程序以及其他地點推出，等待監管批准。
Opportunities:
機會：
Continued growth expected from the introduction of new product enhancements and features across the betting platform.
Expansion of online betting footprint to 19 U.S. states, capturing about 46% of the U.S. population.
Account linking between ESPN BET and ESPN now available, enhancing personalized sports betting experiences.
預計通過在投注平台上推出新產品增強和功能，將繼續實現增長。
將在線投注版圖擴展至19個美國州，佔據美國人口約46%。
ESPN BEt和ESPN帳戶鏈接已經推出，增強個性化體育博彩體驗。
Risks:
風險：
Unfavorable holds in the Interactive segment and promotional pressures amid competitive sports seasons could impact short-term profitability.
Construction disruptions and new competition in markets like Louisiana, Nebraska, and Chicago might affect retail segment performance temporarily.
在競爭激烈的體育賽季中，互動業務部分持有不利和促銷壓力可能影響短期盈利能力。
施工中斷以及路易斯安那州、內布拉斯加州和芝加哥等市場的新競爭可能會暫時影響零售業務績。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。內容準確性無法完全保證。如需更全面詳情，請參閱IR網站。本文僅供投資者參考，不具有任何指導或推薦建議。
