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PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript Summary

PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript Summary

佩恩國民博彩公司(PENN)2024年第三季度業績會交流摘要
富途資訊 ·  11/08 02:42  · 電話會議

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: 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:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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