Penn National Gaming reports Q2 revenue increase as it announces theScore acquisition

| By Nosa Omoigui
Penn National Gaming has recorded revenue figures of $1.55bn for the second quarter of 2021, in a half-year report that coincided with the company’s acquisition of Score Media and Gaming.
Golden Nugget records H1 revenue growth

The revenue generated represents a 406.0% increase on the $305.5m raised during the same period last year, mostly thanks to the easing of pandemic-enforced restrictions, which forced Penn’s properties to close for most of Q2 of 2020.

The Northeast segment, containing properties such as Ameristar, Hollywood Casinos and Meadows Racetrack and Casino, was the biggest contributor to the revenue total with $652.5m – a 535.3% increase from last year. $368.2m came from the South, $294.8m from the Midwest, and $140.4m from the West.

Gaming revenue was up significantly from 2020, rising 403.9% to $1.31bn. Revenue from food, drink and hotels also increased to $240.3m.

Read the full story on iGB North America.

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