{"schema_version":"secwatch.filing_event.v1","accession":"0000921738-24-000018","form_type":"8-K","ticker":"PENN","cik":"0000921738","company_name":"PENN Entertainment, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.461470+00:00","generated_at":"2026-06-03T01:40:18.928012+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"PENN Q1 net loss $114.9M vs $514.4M profit year ago; Interactive EBITDA loss $196.0M","bullets":["Revenue fell 4% to $1,606.9M from $1,673.3M; diluted EPS loss $0.76 vs $3.05 gain.","Property level (retail) Adjusted EBITDAR $479.0M, margins 34.1%; weather impacted early Q1.","Interactive revenue $207.7M (incl. $116.6M tax gross-up); Adjusted EBITDA loss $196.0M on unfavorable hold.","Record online sports betting handle and iCasino GGR but spend per user and hold below expectations.","Hired Aaron LaBerge (ex-Disney/ESPN CTO) as Chief Technology Officer to lead Interactive division."],"urls":{"canonical":"https://secwatch.observer/filing/0000921738-24-000018","json":"https://secwatch.observer/filing/0000921738-24-000018.json","markdown":"https://secwatch.observer/filing/0000921738-24-000018.md","text":"https://secwatch.observer/filing/0000921738-24-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921738/000092173824000018/0000921738-24-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921738/000092173824000018/penn-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:40:18.928012+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c20d8a47a6faab363565048844b4f3a9d6f5c55f","claim":"PENN Entertainment, Inc. reported three months ended March 31, 2024 results: revenue $1,606.9 million, net income $(114.9) million, EPS $(0.76) per diluted share.","evidence_excerpt":"PENN Entertainment, Inc. (the “Company”) issued a press release announcing the results of operations and financial condition for the three months ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/921738/000092173824000018/0000921738-24-000018-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$1,606.9 million"},{"label":"Net income","value":"$(114.9) million"},{"label":"EPS","value":"$(0.76) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}