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Penn Entertainment News
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.
U.S. tribal casinos see fifth straight year of revenue increases
27 Jul 2015
In fiscal year 2014, U.S. tribal casinos brought in more than $28.5 billion.
Investors show new love for regional casino markets
27 Jul 2015
The Lake Charles, Louisiana market is leading the way in making the investment community do a 180-degree turn on U.S. gaming operators.
Penn National plans development program for the Tropicana
24 Jul 2015
The regional casino operator says it will launch a development plan for the Tropicana Las Vegas that would take three to five years to implement.
Pinnacle, GLPI agree on $4.75 billion merger
22 Jul 2015
After two rejected offers, Pinnacle has accepted an offer from GLPI rather than form its own spinoff REIT.
Inside Gaming: MGM Resorts CEO discusses REIT plans
22 Jul 2015
Analysts expect MGM to announce a new strategic plan soon, and an interview with Jim Murren indicates that it is likely to include spinning off part of the company into a real estate investment trust.
GLPI reaches agreement with Pinnacle to acquire real estate assets
21 Jul 2015
Gaming and Leisure Properties, Inc., will acquire nearly all of Pinnacle's real estate properties, and the properties will be spun off into separate property and operating companies.
Inside Gaming: Winners and losers in the Massachusetts casino scene
13 Jul 2015
The recently opened Plainridge Park Casino is off to a strong start, but the legal and logistical challenges of opening more casinos in Massachusetts create a complicated situation in the Northeast.
Penn National Gaming to releases second quarter results on July 23
9 Jul 2015
The company will host a conference call and simultaneous webcast at 9 a.m. that day, and a replay of the call will be available online for 30 days.
Pinnacle Entertainment considers new proposal from GLPI
8 Jul 2015
GLPI, an REIT spun off of Penn National Gaming, has repeatedly offered to acquire Pinnacle's real estate holdings, rather than having Pinnacle create its own REIT.
Inside Gaming: Will multiplayer tables save the slots industry?
29 Jun 2015
With millennials largely uninterested in traditional slots, gaming manufacturers are looking at skill-based gaming and smartphone-like electronic tables to target a generation acclimated to free electronic skill games.
Interblock games featured at new Plainridge Park Casino
25 Jun 2015
The new casino from Penn National Gaming, the first in Massachusetts, has 83 electronic table games from the luxury game manufacturer.
Massachusetts 'slots parlor' filled to capacity on opening day
24 Jun 2015
While some were skeptical about the ability to deliver a first-class gaming experience under the limited 'slots parlor' license, Penn National Gaming appears to have pulled it off.
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