Penn National Gaming, Inc. News
Penn National Gaming submits proposal for $700 Million Hollywood Casino Resort at Rosecroft Raceway 13 May 2013
Penn National Gaming has submitted a proposal to the Maryland Video Lottery Facility Location Commission for a $700 million casino resort project.
A battle as tough as Philly itself 29 Apr 2013
Six different groups and partnerships, including Wynn Resorts Ltd., Penn National Gaming, Isle of Capri Casinos and Cordish Cos., have applied with state gaming regulators for the right to own Philadelphia’s last casino license.
Penn National grows quarterly revenues, but profits decline 19 Apr 2013
The regional casino giant said its overall revenues for the quarter that ended March 31 were $798.2 million, an increase of 8.4 percent compared with the first quarter of 2012.
Penn National joining party in Indian gaming market 15 Apr 2013
Penn National said it would partner with the Jamul Indian Village of San Diego to build a $360 million hotel-casino on tribal land roughly 20 miles east of downtown San Diego.
Penn National plans to build Hollywood-brand casino in San Diego 8 Apr 2013
The development, which is expected to break ground later this year, is roughly 20 miles east of downtown San Diego.
Penn National Gaming enters into agreements with Jamul Indian Village for $360 million Hollywood-branded casino 5 Apr 2013
Penn National Gaming have entered into definitive agreements with the Jamul Indian Village to jointly develop a Hollywood-branded casino and resort in San Diego County, California.
Penn National sees decline in fourth-quarter earnings 2 Feb 2013
Penn National Gaming experienced a decline in fourth-quarter earnings.
Penn National Gaming names Scott Saunders General Manager of Argosy Casino Alton 17 Dec 2012
Saunders brings 20 Years of regional and locals market management experience to new role.
Analyst gives MGM Resorts edge over Penn National in race for Massachusetts gaming license 17 Dec 2012
Credit Suisse gaming analyst Joel Simkins attended a Springfield town-hall-style meeting and came away with the impression that MGM Resorts is the “clear favorite” of Springfield officials.
Penn National Gaming submits application fees in Massachusetts 14 Dec 2012
Penn National Gaming has transmitted non-refundable application fees of $250,000 to the City of Springfield and $400,000 to the Commonwealth of Massachusetts in its bid to acquire a Massachusetts gaming license.
MGM Resorts in battle with Penn for lone western Massachusetts casino license 10 Dec 2012
Springfield leaders reportedly told officials from both MGM and Penn to play nice: The city doesn't want a repeat of what happened in Maryland.
Penn National plans split into two separate companies 19 Nov 2012
Analysts universally praised Wyomissing, Pa.-based Penn for the move, which separates 17 of the company's 29 casinos and racetracks into a real estate investment trust, often referred to as a REIT.
Inside Gaming: Piles of cash, torrents of tweets and lots of crazy - gaming's political lunacy 12 Nov 2012
It only cost Penn National Gaming $42 million to embarrass itself.
Maryland vote dismays casino operator Penn National 8 Nov 2012
After investing more than $42 million into a failed effort to defeat Question 7, which allows the state to add a sixth casino in suburban Prince George's County, Penn National is expected to bid on the gaming license when the process begins in January.
Maryland vote pits bully, new kid 4 Nov 2012
Maryland voters will determine if the state becomes a multimillion-dollar gambling jurisdiction or a multibillion-dollar casino-resort destination. We'll also find out whether MGM Resorts puts the bully in its place, or if Penn National is still king of the school.
Caesars sells St. Louis casino to Penn National Gaming 4 Nov 2012
Caesars Entertainment Corp. said in a regulatory filing Friday it closed a $610 million sale of its Harrah's St. Louis casino to Penn National Gaming.
Penn National Gaming Names Greg Hinton General Manager of Hollywood Casino Tunica 26 Oct 2012
Hinton, most recently Assistant GM for Caesars Entertainment’s Tunica Properties, brings extensive gaming and financial experience to new role.
A fight to the finish in Maryland 22 Oct 2012
Rival casino giants MGM Resorts International and Penn National Gaming have financed the most expensive and vitriolic campaign ever witnessed in the state of Maryland over Question 7.
Penn chief: Fighting Maryland casino expansion worth the effort 19 Oct 2012
The regional casino operator has been the funding force behind the defeat of Maryland's Question 7, which would allow a Las Vegas-style casino to be built in suburban Prince George's County.
Las Vegas-style gaming comes to Columbus on Columbus Day 8 Oct 2012
Today, Penn National Gaming, Inc. rolled out the red carpet for the opening of Hollywood Casino Columbus, the area's first Las Vegas-style casino.
Penn National Gaming names Rafael Verde General Manager of Zia Park Casino 28 Sep 2012
Mr. Verde has over 18 years of regional gaming experience and two years as Chief Executive Officer of Playcity, Grupo Televisa’s gaming division.
Penn National Gaming names Todd George General Manager of Hollywood Casino Lawrenceburg 26 Sep 2012
Mr. George has over 17 years of gaming industry experience in major regional gaming markets and comes to Penn National following 12 years at Pinnacle Entertainment.
Maryland casino referendum launches big spending 17 Sep 2012
So far the scorecard reads: MGM Resorts, $5.4 million in campaign contributions; Penn National, $9.5 million.
Panel clears Hollywood Casino Columbus for grand opening October 8 13 Sep 2012
Penn National Gaming paid its $50? million license fee on Monday, one of the final steps in clearing the way for the commission’s certification that the casino meets state regulations.
Penn National spent millions to stop expanded gambling 5 Sep 2012
Penn National Gaming spent $5.5 million trying to prevent expanded gambling in Maryland.