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Penn Entertainment News
Bid for Harrah's draws skepticism
14 Dec 2006
Sources close to the Penn National bid for Harrah’s said the Harrah’s board may not reach a consensus until today or possibly later.
Mergers and acquisitions: Harrah's quiet about bids
13 Dec 2006
A meeting that no one will confirm is taking place could determine the direction of the gaming industry's largest casino operator.
New VP named by Penn National Gaming
8 Dec 2006
Penn National Gaming, Inc. reports that Christopher M. McErlean, 39, has been named Vice President of Racing, subject to customary regulatory approvals.
Analysts question Penn National's bid
30 Nov 2006
Speculation abounded Wednesday on news that regional casino operator Penn National Gaming was making a play to buy gaming industry giant Harrah's Entertainment.
Penn National may lead offer for Harrah's
29 Nov 2006
News Brief: According to a source, a group led by Penn National Gaming Inc. and hedge fund D.E. Shaw is considering making a cash and stock offer for casino company Harrah's Entertainment Inc.
Racino crimes yet to surface
27 Nov 2006
News Brief: On the surface, little appears to have changed in terms of Bangor"s social fabric since Hollywood Slots at Bangor opened its doors a year ago this month.
Penn National Gaming to acquire Zia Park Racetrack/Black Gold Casino
8 Nov 2006
Penn National Gaming, Inc. has entered into a definitive agreement to purchase the assets of Zia Partners, LLC, which are primarily comprised of Zia Park Racetrack and its Black Gold Casino for $200 million.
Mississippi casinos revenues, insurance costs up
27 Oct 2006
News Brief: The Gulf Coast casinos owned by Penn National Gaming are making more money now than they did before Hurricane Katrina, but profits are being offset by higher insurance costs, company executives told investors.
Penn National reports results
26 Oct 2006
Penn National Gaming, Inc. reported record
third quarter operating results for the period ended September 30,
2006.
Grantville Race Course Slots Approved
2 Oct 2006
News Brief: Penn National Gaming Inc. has received the go-ahead to start building a slot-machine facility at its Penn National Race Course in Grantville.
Penn National Gaming Granted Conditional License
28 Sep 2006
The Pennsylvania Gaming Control Board has granted Penn National Gaming a conditional Category 1 slot machine license for the placement of slot machines at its planned Hollywood Casino.
Maine Casino Complex Budget Grows
7 Sep 2006
News Brief: The Bangor, Maine, project budget for Penn National Gaming Inc.'s permanent gaming complex has grown from $72 million to $90 million.
Recovering From Katrina: Back to Business in Biloxi
5 Sep 2006
Hung Vu never considered himself a construction worker, but a year away from his job as a blackjack dealer at Beau Rivage made the Vietnamese immigrant pretty good with a hammer and nails.
Penn National Gaming Secures Property Insurance
10 Aug 2006
Penn National Gaming, Inc. has secured $400 million of "all risk" property insurance with sub-limits of $200 million for named windstorm and related storm surge, flood and earthquake losses
Penn National, MTGA Amend Purchase Agreement
9 Aug 2006
Penn National Gaming, Inc. has agreed with the Mohegan Tribal Gaming Authority to amend its October 14, 2004 Purchase Agreement.
Penn National Reports Q2 Results
27 Jul 2006
Penn National Gaming, Inc.today reported record
second quarter operating results for the period ended June 30, 2006.
Penn National Gaming President to Leave
27 Jul 2006
Penn National Gaming, Inc. reports that by mutual agreement, the Company's President and Chief Operating Officer, Kevin DeSanctis, will be leaving the Company by year-end 2006 to form Revel Entertainment.
General Manager Named for Bullwhackers Casinos
26 Jul 2006
Penn National Gaming, Inc. reports that Amy McHale has been named General Manager of the Company's Bullwhackers Casinos in Black Hawk, Colorado.
Future of Grantville Track Clearer
4 Jul 2006
ews Brief: The uncertain future of the slot-machine casino that Penn National Gaming Inc. will build at its Grantville racetrack became a little less uncertain this week.
Bangor Approves Permanent Racino
25 May 2006
News Brief: New permanent racino will include a parking garage, restaurant, retail space, and 1500 slot machines.
Penn National Execs Reveal Hollywood-Themed Casino Plans
7 Apr 2006
News Brief: Executives from Penn National Race Course tried to sell Pennsylvania gaming regulators Thursday on their plans for a Hollywood-themed slots parlor at the Dauphin County racetrack.
Penn National Gaming to Retain Argosy Casino-Alton
7 Mar 2006
The Illinois Gaming Board has agreed to allow Penn National to retain the Argosy Casino-Alton in Alton, Illinois.
Penn National Plans to Reopen Casinos
17 Feb 2006
News Brief: Penn National Gaming Inc. hopes to reopen its two Mississippi casinos destroyed by Hurricane Katrina before the end of the year.
Penn National Gaming Reports Results
15 Feb 2006
Penn National Gaming, Inc. today reported fourth quarter operating results for the period ended December 31, 2005.
Penn National Gaming Calls for Redemption of Notes
14 Feb 2006
Penn National Gaming has called for redemption all $175 million in aggregate principal amount of its outstanding 8 -7/8% Senior Subordinated Notes due March 15, 2010.
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