US FTC Approves Penn National Deal to Buy Argosy

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Language: Any Language Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue
	US FTC Approves Penn National Deal to Buy Argosy 28 Jul 2005 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> WASHINGTON -- As reported by Reuters: "U.S. antitrust authorities said on Wednesday they had approved plans by racetrack operator Penn National Gaming Inc. to buy riverboat gambling company Argosy Gaming Co. "The FTC said it would not oppose the $1.4 billion deal after Penn National agreed to sell Argosy's Baton Rouge casino to Columbia Sussex Corp., assuaging competition concerns since the companies own the only two casinos in the Louisiana city. "...Pennsylvania-based Penn National said in June it agreed to sell the Argosy Casino-Baton Rouge for $150 million..."

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