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Penn Entertainment News
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.
Penn National Gaming Files For License
23 Dec 2005
Penn National Gaming, Inc. has filed its Category 1 license application with the Pennsylvania Gaming Control Board.
Penn National Gaming Names New VP
29 Nov 2005
Penn National Gaming, Inc. reports that Desiree A. Burke, has been named Vice President and Corporate Controller.
JCM to Supply Hollywood Slots
28 Oct 2005
Hollywood Slots at Bangor, Maine, will be fitted solely with JCM's UBA and Sentry.
Penn National Gaming Reports Q3 Results
27 Oct 2005
Penn National Gaming, Inc. reported third quarter diluted earnings per share of $0.64.
Penn National Expects Argosy Sale Completed Soon
19 Oct 2005
Penn National Gaming, Inc. expects to complete the previously announced sale of Argosy Casino-Baton Rouge to a subsidiary of Columbia Sussex Corporation on October 24, 2005.
Gaming Seen to Suffer After Storms
14 Oct 2005
Gaming company third-quarter earnings are being pounded by the devastation of hurricanes Katrina and Rita, although the effect is likely to wash out in the long run, analysts said Thursday.
Penn National Names GM for Proposed Casino
5 Oct 2005
Penn National Gaming, Inc. reports that John "Gary" Luderitz has been named General Manager of Penn's proposed Hollywood Casino at Penn National Race Course in Grantville, Pennsylvania, near Harrisburg.
Penn National Completes Acquisition of Argosy Gaming
3 Oct 2005
Penn National acquired six Argosy casino entertainment facilities, although the Company has agreed to divest three of those properties to expedite the receipt of the regulatory approvals required to complete the merger.
Penn National Acquisition of Argosy Approved
30 Sep 2005
Penn National Gaming, Inc. reports that the Illinois Gaming Board voted today to approve Penn National's proposed acquisition of Argosy Gaming Company.
Penn National Extends Tender Offers
28 Sep 2005
Penn National Gaming’s subsidiary Thoroughbred Acquisition Corp has extended the expiration date of tender offers dated July 21, 2005, to 12:00 midnight, New York City time, on September 30, 2005.
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