8/8/2024

speaker
Angela
Conference Operator

Please stand by. Your program is about to begin. If you need assistance during your conference, please press R0. Greetings, and welcome to the Penn Entertainment second quarter 2024 results call. I would now like to turn the conference over to Joe Giaffone, Investor Relations. Please go ahead.

speaker
Joe Giaffone
Investor Relations, Penn Entertainment

Thanks, Angela. Good morning, everyone, and thank you for joining Penn Entertainment's 2024 second quarter conference call. We'll get to management's presentation and comments momentarily, as well as your questions and answers. During the Q&A session, we ask that everyone please limit themselves to one question and one follow-up. Now, I'll review the Safe Harbor disclosure, and we'll get into the call. In addition to historical facts or statements of current conditions, today's conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. These statements can be identified by the use of forward-looking terminology such as expects, believes, estimates, projects, intends, plans, seeks, may, will, should, or anticipates, or the negative or other variations of these or similar words, or by discussions of future events, strategies, or risks and uncertainties, including future plans, strategies, performance, developments, acquisitions, capital expenditures, and operating results. Such forward-looking statements reflect the company's current expectations and beliefs but are not guarantees of future performance. As such, actual results may vary materially from the expectations. The risks and uncertainties associated with the forward-looking statements are described in today's news announcement and in the company's filings with the Securities and Exchange Commission, including the company's reports on Form 10-K and Form 10-Q. Penn Entertainment assumes no obligation to publicly update or revise any forward-looking statements. Today's call and webcast will also include non-GAAP financial measures within the meaning of SEC Regulation G. When required, a reconciliation of all non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP can be found in today's press release as well as on the company's website. With that, it's now my pleasure to turn the call over to Penn Entertainment CEO Jay Snowden. Jay, please go ahead.

speaker
Jay Snowden
Chief Executive Officer, Penn Entertainment

Thanks, Joe. Good morning, everyone. I'm here in while missing with our CFO, Felicia Hendricks, our head of operations, Todd George. And for the first time, we're joined by Aaron LaBerge, our new chief technology officer. Welcome, Aaron. Thank you, Jay. Aaron officially joined Penn on July 1st. And as we've shared, he's responsible for driving our technology strategy and execution, as well as serving as the key business leader for our interactive division. As most of you know, Aaron comes to us from Disney, where he had a terrific over 20-year career. In addition to his many accomplishments and accolades throughout his time there, Aaron was deeply involved in ESPN's technology due diligence on Penn Interactive. While he's only been on the ground at Penn for a few weeks, I thought it'd be good to open the call today with some of his early thoughts and key takeaways.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

-

-

Investor presentation