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Penn Entertainment News
Kansas City casino could generate $203 million
27 Oct 2009
A consultant's report says a casino planned for Kansas City, Kan. could generate $203 million in gambling revenues its first year.
Penn National remains interested in Strip
22 Oct 2009
The casino operator wants to acquire the bankrupt Fontainebleau project if it makes financial sense.
Penn National makes pitch for Fontainebleau Las Vegas
7 Oct 2009
Penn National is still interested in the stalled Strip Resort but is offering less than $300 million.
Analysts say Penn deal for Fontainebleau 'unlikely'
18 Sep 2009
Analysts shot down a Wall Street Journal report that said Penn National Gaming was close to buying the bankrupt Fontainebleau project.
Penn National Gaming reports fall in profit
30 Jul 2009
Penn National Gaming Inc. second-quarter profit fell 23 percent, below expectations, due to lower-than-expected results at several properties.
Penn National profits beat expecations
24 Apr 2009
Penn National Gaming posted a first-quarter profit that exceeded Wall Street's expectations.
Pennsylvania casino operators want table games
24 Feb 2009
News brief: Three casino executives want to bring table games to Pennsylvania casinos but remained mum on a plan to allow video lottery machines across the state.
Penn National to increase overnight purses
23 Feb 2009
News brief: Penn National Race Course plans to increase overnight purses by more than 10%.
Penn National still interested in Strip property
9 Feb 2009
Penn National Chairman and CEO Peter Carlino said the company would "love to get a Strip property" but that current prices are too high.
Bidding for Maryland slots licenses begins today
2 Feb 2009
News brief: Officials in Maryland hope to not suffer the same fate as Kansas, where two slot companies withdrew their bids to build casinos.
Penn National considering Maryland slots bid
30 Jan 2009
News brief: Penn National officials say they plan to apply for a permit that would allow them to open a gaming facility in Maryland.
Penn Gaming is no impulse casino buyer
26 Jan 2009
Penn National Gaming, with $1.5 billion in cash on hand from a failed attempt to go private last year, is shopping for casinos.
No bidders for Kanses SE casino zone
22 Jan 2009
News brief: No applicant emerged by Wednesday's deadline to manage a state-owned casino in southeast Kansas.
Casinos no longer a sure bet for states
16 Jan 2009
News brief: Once seen as a cash cow, casinos are struggling around the country as consumers opt to hold on to their money.
Penn National dispels Mirage deal talks
14 Jan 2009
A source says the casino operator is waiting for "better opportunities."
Ohio gambling proponents offer another gambling plan
13 Jan 2009
News brief: Voters in the state have voted against gambling twice in four years, but proponents are hoping a $7 billion budget deficit could help their cause.
Pennsylvania casino accidentally offers $29 million in credits
2 Dec 2008
News brief: Hollywood Casino sent a flyer offering $500 of free slot machine credits but accidentally sent it to over 55,000 customers.
Penn National Gaming names Ameet Patel General Manager of Argosy Casino Riverside
9 Oct 2008
Ameet Patel has been named General Manager of its Argosy Casino Hotel & Spa in Riverside, Missouri, effective October 14, 2008.
Penn National faces 2nd Kansas legal challenge
7 Oct 2008
News brief: Penn National Gaming Inc. embroiled in second legal battle after decision to walk away from a contract to manage a state-owned casino in Cherokee County.
Kansas county sues Penn over lost casino
12 Sep 2008
News Brief: Hours after Penn National Gaming pulled the plug on its Kansas casino plans, Cherokee County officials sued the company for more than $52 million in damages.
Still no decision on new casino in Cherokee County
9 Sep 2008
News Brief: Penn National not sure if it will go forward with plans to build in Cherokee County.
Penn National reports promotion
20 Aug 2008
Penn National Gaming, Inc. reports that Thomas P. Burke has been promoted to Senior Vice President Regional Operations, effective October 6, 2008.
Penn National still committed to Kansas project
25 Jul 2008
Penn National Gaming officials reasserted their commitment to build a casino in Cherokee County and said they don't plan to walk away from it if the company doesn't get the contract to build one in Sumner County as well.
Penn National Gaming says quarterly profits drop
25 Jul 2008
Penn National Gaming on Thursday said its second-quarter earnings missed Wall Street estimates.
Penn National gambles on Atlantic City site
21 Jul 2008
News Brief: Penn National is betting on a rezoned part of Route 30 as a potential site for a casino project.
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