Penn National Gaming Newswire

Comprehensive Real-Time News Feed for Penn National Gaming.

Results 1 - 20 of 895 in Penn National Gaming

  1. Casinos have been a safe betRead the original story w/Photo

    Yesterday | Toledo Blade

    ... millions of dollars in tax revenue would appear virtually overnight. In October, 2009, officials from Penn National Gaming appeared before Toledo City Council and laid out the numbers. A 33 percent tax on casino revenues would translate into $651 ...

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  2. $10,000 Derby Seats Net Churchill Downs $83 Million in 2 MinutesRead the original story w/Photo

    Friday May 1 | Bloomberg

    ... have dropped live racing or been razed, and the industry's biggest players, such as Churchill Downs and Penn National Gaming Inc., have expanded with casinos as the industry has declined. Slightly more than half of the Derby's profit comes from ...

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  3. Plainville slots parlor on trackRead the original story w/Photo

    Friday May 1 | Nashoba Publishing Online

    The slots parlor slated for Plainville remains on schedule with a targeted opening for June 24 and an increased budget. Operating as the Plainridge Park Casino, the slots parlor and its owner Penn National Gaming offered a quarterly report to state gambling regulators, saying their budget for the facility increased by $25 million to $250 million.

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  4. Massachusetts' first casino still on track to open in JuneRead the original story

    Friday May 1 | Boston Herald

    ... project has risen by $25 million to $250 million. Of that, about $145 million has already been spent. Penn National Gaming is developing the casino, which would offer slot machines and other electronic games but not traditional table games. MGM is ...

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  5. Penn National plans two-phase Tropicana redevelopment, insiders sayRead the original story w/Photo

    Thursday Apr 30 | The Las Vegas Sun

    There was surprise that The M Resort owners Penn National purchased Tropicana Las Vegas on Wednesday for $360 million. Inside word from Wall Street is that Penn plans a two-phase redevelopment.

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  6. Tropicana Las Vegas hotel and casino to be sold for $360MRead the original story w/Photo

    Wednesday Apr 29 | Newsday

    ... Corp., said Wednesday, April 29, 2015 they will sell the 58-year-old Tropicana to the casino operator Penn National Gaming Inc. Over the past four years, the Tropicana has spent $200 million to renovate its 1,500 hotel rooms. The Tropicana also has ...

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  7. Plainville slots parlor on track for June openingRead the original story w/Photo

    Thursday Apr 30 | Berkshire Eagle

    BOSTON >> The slots parlor slated for Plainville remains on schedule with a targeted opening for June 24 and an increased budget. Operating as the Plainridge Park Casino, the slots parlor and its owner Penn National Gaming offered a quarterly report to state gambling regulators, saying their budget for the facility increased by $25 million to $250 million.

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  8. Isle Of Capri: Still A Buy After DoublingRead the original story w/Photo

    Thursday Apr 30 | Seeking Alpha

    ... that has led to huge gains at Pinnacle Entertainment (NYSE: PNK ) (which bought Ameristar Casinos) and Penn National Gaming (NASDAQ: PENN ) (which spun off its real estate into REIT Gaming and Leisure Properties (NASDAQ: GLPI )). So, the question ...

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  9. Tropicana Hotel-CasinoRead the original story w/Photo

    Wednesday Apr 29 | News 88.9 KNPR

    Penn National Gaming, owner of the M Resort in Henderson, is finally taking its place on the Strip. Based near Redding, Penn., Penn National is buying the Tropicana Las Vegas for $360 million, the company said Wednesday.

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  10. Universal Stainless profits gain; Vip II shuttered; Goodwill holding job fairRead the original story w/Photo

    Wednesday Apr 29 | Post-gazette.com

    ... products. The Tropicana hotel and casino in Las Vegas is being sold for $360 million to casino operator Penn National Gaming Inc. The deal will give the Pennsylvania company its first property on the Las Vegas Strip. The deal is expected to close ...

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  11. Business in brief: U.S. economy ekes out 0.2 percent growth rate in first quarterRead the original story w/Photo

    Wednesday Apr 29 | Erie Times News

    ... private equity firm Onex Corp., say they will sell the 58-year-old Tropicana to the casino operator Penn National Gaming Inc. Over the past four years, the Tropicana has spent $200 million to renovate its 1,500 hotel rooms. The Tropicana also has a ...

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  12. Onex, partner to sell Tropicana Las Vegas casino-hotel to Penn NationalRead the original story w/Photo

    Wednesday Apr 29 | The Globe and Mail

    ... Las Vegas Hotel and Casino stands in Las Vegas, Nev. on Oct. 1, 2011. (Ronda Churchill/Bloomberg) Penn National Gaming has reached a definitive agreement to buy the Tropicana casino and hotel resort in Las Vegas for US$360-million from a partnership ...

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  13. Tropicana, another Strip icon, to be soldRead the original story w/Photo

    Wednesday Apr 29 | KVBC-TV Las Vegas

    The Tropicana, a resort rich in history including years of skimming by the mob, is being sold. Penn National Gaming, which owns the M resort on the far south end of Las Vegas Boulevard, will be the new owner of the Tropicana, pending approval by state gaming authorities.

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  14. Onex partner to sell Tropicana Las Vegas casino-hotel to Penn NationalRead the original story

    Wednesday Apr 29 | Big News Network.com

    ... the social media spectrum and is administered by Mainstream Media EC on behalf of Big News Network. Penn National Gaming has reached a definitive agreement to buy the Tropicana casino and hotel resort in Las Vegas for US$360-million from a ...

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  15. Penn National to pay $360 million for the TropicanaRead the original story w/Photo

    Wednesday Apr 29 | The Las Vegas Sun

    Penn confirmed Tuesday that it is buying the Tropicana - first reported by VEGAS INC - and began to shed light on its vision for the classic property in a statement this morning. Penn, a regional gaming company that operates the M Resort in Henderson, reiterated that it has long wanted to break into the Strip market and laid out a two-part plan for the Tropicana.

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  16. Tropicana to be purchased by owners of M ResortRead the original story w/Photo

    Wednesday Apr 29 | KLAS-TV Las Vegas

    In a statement, Penn National Gaming CEO Timothy Wilmott said, "The planned acquisition of Tropicana Las Vegas establishes a strong presence on the Las Vegas Strip for Penn National Gaming, fulfilling an important long-term strategic objective for the Company. With a $360 million acquisition cost, we believe we have structured a prudent transaction to own and operate a premier Strip asset at an attractive price of entry."

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  17. Onex to sell Tropicana Las Vegas for about $360 mlnRead the original story w/Photo

    Wednesday Apr 29 | PE Hub

    Canadian private equity firm Onex Corp has agreed to sell hotel and casino Tropicana Las Vegas to Penn National Gaming for about $360 million, the firm announced today . In July 2009, Onex announced that it had acquired a majority stake in Tropicana Las Vegas after it emerged from bankruptcy.

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  18. Planning commission signs off on final library planRead the original story w/Photo

    Tuesday Apr 28 | This Week Community News

    ... from the state fund, which assists the redevelopment of abandoned horse racing facilities, because Penn National Gaming Inc. last year relocated the Beulah Park horse racing license to the Mahoning Valley Race Course, in the Youngstown area. The ...

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  19. Penn National Gaming to purchase TropicanaRead the original story w/Photo

    Feb 26, 2015 | Las Vegas Review Journal

    The casino, situated on 35 acres at the corner of Tropicana and Las Vegas boulevards, will be purchased for $360 million from its shareholders, the largest of which is a partnership between Onex and Alex Yemenidijan. The below comment section contains thoughts and opinions from users that in no way represent the views of the Las Vegas Review-Journal or GateHouse Media.

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  20. Press release distribution, EDGAR filing, XBRL, regulatory filingsRead the original story

    Wednesday Apr 29 | Business Wire

    The robots, called Fetch and Freight, are designed to improve material handling at warehouses ... )--Penn National Gaming, Inc. announced today that it entered into a definitive agreement t... )--ICF was recently awarded a contract extension with the U.S. Department of State, Bureau of Consular Affairs, Consular Systems and Technology Division .

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