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Tag: sports betting market share

PENN Entertainment Performance Faces Challenges Despite Growth

Posted on May 11, 2025

PENN Entertainment performance has been closely analyzed as the company reported its Q1 2023 results, revealing a revenue of $1.4 billion, which fell short of the anticipated $1.7 billion.The impact of winter weather disruptions and disappointing sports betting outcomes hindered this quarter’s results; however, substantial progress in digital betting technology marked a silver lining for the firm.

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