Joliet Active Players Up 130%; 2026 Retail Revenues Guided to $5.7B-$5.85B

PENNPENN

At Hollywood Casino Joliet active players rose 130% year-over-year and slot revenue jumped 40–50%, contributing to retail Adjusted EBITDAR growth despite a $7 million weather hit. TheScore Bet rebrand drove positive December Adjusted EBITDA, Q4 interactive revenue of $398.7 million and a $70 million year-over-year EBITDA improvement, with break-even EBITDA expected in 2026.

1. Strong Retail Casino Performance

Snowden reported 130% year-over-year growth in active players at Hollywood Casino Joliet, with table volumes and non-gaming revenues doubling and slot revenue rising 40–50%. M Resort achieved record gaming volumes in December and net revenue in January, while retail Adjusted EBITDAR grew despite a $7 million weather-related reduction.

2. Interactive Segment Turnaround

TheScore Bet rebrand launched December 1 contributed to positive December Adjusted EBITDA and record Q4 interactive revenue of $398.7 million. Adjusted EBITDA loss narrowed by $70 million year-over-year, driven by iCasino momentum, disciplined cost management and strong sports betting hold rates.

3. 2026 Outlook and Capital Allocation

Management forecast 2026 retail net revenues of $5.7–5.85 billion and Adjusted EBITDAR of $1.86–1.98 billion, with interactive revenue expected near $1.6 billion and full-segment EBITDA break-even. Capital spending is guided to $445 million with $225 million growth and $220 million maintenance, supporting over $3 per share free cash flow.

Sources

F