Digital net revenues grew 24% year-over-year to $343 million with adjusted EBITDA margins increasing by 880 basis points to 23.3%.
Digital segment delivered its best quarter ever with $80 million of adjusted EBITDA, doubling last year's figure.
iCasino net revenues grew 51% driven by volume, hold, and average monthly active users.
Las Vegas segment reported same-store adjusted EBITDA of $469 million with 97% occupancy versus 99% last year.
Redeemed most expensive debt early in Q3, generating annual free cash flow savings exceeding $40 million.
Regional segment adjusted EBITDA was $439 million, negatively impacted by several onetime items but would have been flat year-over-year excluding those.
Second quarter consolidated net revenues were $2.9 billion with adjusted EBITDA of $955 million.
Sportsbook hold increased 170 basis points to a record 8.9%, with handle roughly flat year-over-year.
Tax changes reduced pro forma cash taxes as a percentage of EBITDAR from 5% to 3-4%, improving cash flow.
Adjusted EBITDA reached $397 million, approaching $400 million, with segment adjusted EBITDA down 8% at Post Consumer Brands (PCB) due to volume declines in grocery and pet segments.
Foodservice segment net sales increased 19% with a 32% rise in adjusted EBITDA, driven by AI pricing and volume growth in eggs and potatoes.
Post Holdings reported Q3 2025 consolidated net sales of $2 billion, a 2% increase year-over-year, driven by Avian Influenza (AI) pricing and volume growth in cold chain businesses.
Refrigerated Retail net sales grew 9% with a 94% increase in adjusted EBITDA, benefiting from AI pricing adders and Easter-driven volume increases.
Weetabix net sales increased 1% with a 4% decrease in adjusted EBITDA, impacted by volume declines and inflation-driven costs.
Dafinchi