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Maine Board to Issue Licenses

19 Aug 2005

BANGOR, Maine – As reported by the Bangor Daily News: "The Maine Gambling Control Board is slated today to issue several licenses crucial to Penn National Gaming Inc.'s plans to bring slot machines to Bangor.

"During a meeting at the state Department of Public Safety's headquarters in Augusta, gambling control board members will hear the results of suitability background checks conducted on Penn National, which is seeking a slots operator license; International Gaming Technologies, which applied for a slots distributor license; and some of the companies' key executives.

"…That subcommittee will discuss the possibility of bringing all gambling activity in Maine under the gambling control board's jurisdiction.

"…Penn National has held a conditional slots operator license since last November. The permanent license could not be issued, however, until the state completed a mandated suitability investigation.

"…IGT, headquartered in Reno, Nev., is the first of three companies that submitted applications for slots distributor licenses.

"…A state gaming license is one of two permits Penn needs in order to operate a slots facility in Maine…"

 
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