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Penn Entertainment News
Penn National Gaming updates timing for SEC filing
31 Dec 2015
The casino operator had recently been notified by the SEC that it was not in compliance with NASDAQ listing rules because it did not file its financial restatements in a timely enough manner.
GLPI acquires Cannery's Pittsburgh racetrack
17 Dec 2015
The Meadows Racetrack and Casino in Pennsylvania has a 180,000 square-foot casino, which opened in 2007, and a 5/8 mile racetrack with a 500-seat grandstand.
Golden Entertainment sells promissory note to Penn National Gaming
11 Dec 2015
The subordinated promissory note held for the Jamul Indian Village in San Diego sold for $24 million.
Moody's backs Penn National's San Diego Indian casino
28 Nov 2015
Moody's Investors Service has praised the $390 million Hollywood Casino Jamul in San Diego, expected to open in July.
Rock Gaming adds new executive to team
24 Nov 2015
Darlene Monzo has been appointed the casino operator's senior vice president and chief marketing officer.
Labor union says proposed sale of Indiana casinos violates state law
17 Nov 2015
UNITE HERE is getting in the way of Gaming and Leisure Properties' acquisition of Pinnacle Entertainment's Indiana casinos.
Penn National receives noncompliance notice from Nasdaq
17 Nov 2015
The casino operator has 60 days to regain compliance and expects to meet that date.
Inside Gaming: MGM's REIT won't send the industry into a frenzy
8 Nov 2015
Unlike the real estate investment trusts started over the last few years by Penn National, Pinnacle and Caesars, MGM's move into an REIT is a "different animal," according to one industry analyst.
Penn National obtains lenders' waivers and discloses approximate debt balance
1 Nov 2015
The waivers come in connection with the company's change in the classification of its "Master Lease" with Gaming and Leisure Properties.
Penn National Gaming to restate financials back to Nov. 2013
23 Oct 2015
The move follows a reclassification of rent payments to GLPI, the company's real estate trust, as recommended by auditors.
Penn National Gaming releases Q3 2015 results
23 Oct 2015
Replays of the conference call on Oct. 22 will be available on the company's website for 30 days.
Penn National planning better dining options for Tropicana
19 Oct 2015
While the historic resort's hotel rooms and suites are in "excellent shape," Penn National Gaming CEO Tim Wilmott says the casino's four restaurants are not meeting expectations.
Fitch analyst skeptical about regional casino markets
19 Oct 2015
Fitch Ratings Service analyst Alex Bumazhny believes the recent growth in regional casino markets masks "secular shifts" that could hold the markets back from real growth.
Penn National, D Las Vegas, join Nevada Resort Association
16 Oct 2015
Penn National owns the Tropicana and M Resort.
Penn National Gaming announces schedule for Hollywood Poker Open
5 Oct 2015
The tournament will consist of five regional tournaments to be played between November and May and a tournament championship at the M Resort in June 2016.
DraftKings CEO compares DFS to chess, stock picking
30 Sep 2015
The debate over whether daily fantasy sports is gambling was a hot topic at G2E, with Jason Robins of DraftKings and Geoff Freeman of the AGA weighing in.
Daily fantasy sports debates dominate Day 2 of Global Gaming Expo (G2E) in Las Vegas
29 Sep 2015
Daily fantasy sports took center stage on Day 2 of the Global Gaming Expo (G2E) in Las Vegas with operators going head-to-head in discussions about regulation and legality.
Las Vegas Sands abandons plans for South Florida casino
29 Sep 2015
The Las Vegas-based company has now started looking into the possibility of building a casino in Georgia, where lawmakers are in discussions about expanding commercial gambling.
Analyst: Potential MGM REIT not a good idea
16 Sep 2015
Susquehanna Financial Group's Rachael Rothman told investors there are better ways for MGM to grow profits.
Penn National obtains regulatory approval for Tropicana purchase
21 Aug 2015
The Nevada Gaming Commission granted approval to complete the $360 million acquisition, and the purchase is expected to be completed on Aug. 25.
FASTSIGNS provides graphics for Hollywood Gaming at Mahoning Valley Race Course
13 Aug 2015
The graphics at the Penn National Gaming facility are designed to communicate effectively with visitors and employees while extending PNG's brand identity throughout the venue.
Penn National Gaming gains preliminary approval to buy Tropicana
6 Aug 2015
The Rat Pack-era casino would be Penn National's first property on the Strip. The company plans to upgrade, but not rebrand, the historic casino.
Inside Gaming: Pinnacle, GLPI deal could be a model for the industry
3 Aug 2015
Analysts say the deal, which sees Pinnacle leasing its real estate assets from the REIT, financially benefits both companies.
Penn National Gaming to acquire Prairie State Gaming
31 Jul 2015
Penn National Gaming has entered into a definitive agreement to acquire the Illinois-based VGT operator in an all-cash transaction expected to close later this quarter.
Maine: Penn National Gaming looking for tax break on Hollywood Casino
27 Jul 2015
Penn National Gaming want a tax reassessment for Hollywood Casino in Bangor citing declining customers and increased competition.
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