Joe Giaffone
Head of Investor Relations
Replay available
PENN Entertainment, Inc. (NASDAQ: PENN) Q3 2025 earnings conference call, held 2025-11-06. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Executive Officer
Executive Vice President & Chief Financial Officer
Chief Operating Officer
President, Digital & Interactive Business
Analyst, Truist Securities
Analyst, Barclays
Analyst, Susquehanna International Group
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WEBVTT 00:00:00.031 -- 00:00:05.176 Greetings, and welcome to the Penn Entertainment Third Quarter 2025 Earnings Call. 00:00:05.176 -- 00:00:08.959 I would now like to turn the conference over to Joe Giaffone, Investor Relations. 00:00:08.959 -- 00:00:10.820 Please go ahead. 00:00:10.820 -- 00:00:14.744 Thank you, Risa. Good morning, and thank you for joining Penn Entertainment's 2025 Third 00:00:14.744 -- 00:00:19.348 Quarter Conference Call. We'll get to management's presentation and comments momentarily, 00:00:19.348 -- 00:00:23.672 as well as your questions and answers. During the Q&A session, we ask that everyone please 00:00:23.672 -- 00:00:26.654 limit themselves to one question and one follow-up. 00:00:26.654 -- 00:00:29.225 Now I'll review the Safe Harbor Disclosure. 00:00:29.225 -- 00:00:32.729 Please note that today's discussion contains forward-looking statements. 00:00:32.729 -- 00:00:36.292 Forward-looking statements involve risks, assumptions, and uncertainties that could cause 00:00:36.292 -- 00:00:40.457 actual results to differ materially. For more information, please see our press release 00:00:40.457 -- 00:00:43.340 for details on specific risk factors. 00:00:43.340 -- 00:00:46.683 It's now my pleasure to turn the call over to the company's CEO, Jay Snowden. 00:00:46.683 -- 00:00:49.284 Jay, please go ahead. 00:00:49.586 -- 00:00:52.009 Thanks, Joe, and good morning to everyone. 00:00:52.009 -- 00:00:56.233 I'm joined here in Why I'm Missing by Felicia Hendricks, Todd George, Aaron LaBerge, 00:00:56.233 -- 00:00:59.178 and other members of our senior management team. 00:00:59.178 -- 00:01:03.546 Earlier this morning, we issued a joint announcement with ESPN regarding our mutual and 00:01:03.546 -- 00:01:08.755 amicable decision for an early termin...