PENN Entertainment, Inc. (PENN) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.157 Greetings, and welcome to Penn Entertainment First Quarter 2025 Earnings Call. 00:00:04.157 -- 00:00:07.281 I would now like to turn the conference over to Joe Gifoni, Investor Relations. 00:00:07.281 -- 00:00:09.464 Please go ahead. 00:00:09.464 -- 00:00:12.428 Thanks, Emma. Good morning, everyone, and thank you for joining Penn Entertainment's 00:00:12.428 -- 00:00:17.174 2025 First Quarter Conference Call. We'll get to management's presentation and comments 00:00:17.174 -- 00:00:20.158 momentarily, as well as your question and answer. 00:00:20.158 -- 00:00:23.843 During the Q&A session, we ask that everyone please limit themselves to one question 00:00:23.843 -- 00:00:28.489 and one follow-up. I'll quickly review the safe harbor, and then we'll get right into 00:00:28.489 -- 00:00:32.629 the call. Please note that today's discussion contains forward-looking statements. 00:00:32.629 -- 00:00:35.914 Forward-looking statements involve risks, assumptions, and uncertainties that could cause 00:00:35.914 -- 00:00:40.721 actual results to differ materially. For more information, please see our press release 00:00:40.721 -- 00:00:44.927 for details on specific risk factors. It's now my pleasure to turn the call over to the 00:00:44.927 -- 00:00:49.411 company's CEO, Jay Snowden. Jay, please go ahead. 00:00:49.554 -- 00:00:55.042 Thanks, Joe. Good morning, everyone. I'm joined here in Wyoming by our CFO, Felicia Hendricks, 00:00:55.042 -- 00:01:00.144 our head of operations, Todd George, and our CTO and head of interactives, Aaron LaBerge, 00:01:00.144 -- 00:01:03.728 as well as other members of our senior executive team. 00:01:03.728 -- 00:01:08.934 As you see in our earnings release and accompanying investor presentation, Penn's proper...