Management News

Golden Entertainment sells promissory note to Penn National Gaming
11 Dec 2015

The subordinated promissory note held for the Jamul Indian Village in San Diego sold for $24 million.

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Boyd announces plans to redesign California Hotel
4 Dec 2015

In addition to new interiors throughout the casino and public areas, Boyd will upgrade and redesign the California's 500 hotel rooms and suites. The property will also make additional restaurant changes.

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SkyVue wheel developer aims to profit despite project not getting off the ground
1 Dec 2015

Las Vegas developer Howard Bulloch envisioned spending $300 million to build a 500-foot-tall wheel with 140,000 square feet of retail, dining and entertainment. SkyVue's foundation was poured in March 2012, and two 247-foot-tall pillars were built soon after.

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Moody's backs Penn National's San Diego Indian casino
28 Nov 2015

Moody's Investors Service has praised the $390 million Hollywood Casino Jamul in San Diego, expected to open in July.

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Rock Gaming adds new executive to team
24 Nov 2015

Darlene Monzo has been appointed the casino operator's senior vice president and chief marketing officer.

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Penn National receives noncompliance notice from Nasdaq
17 Nov 2015

The casino operator has 60 days to regain compliance and expects to meet that date.

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Labor union says proposed sale of Indiana casinos violates state law
17 Nov 2015

UNITE HERE is getting in the way of Gaming and Leisure Properties' acquisition of Pinnacle Entertainment's Indiana casinos.

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Fontainebleau goes on the market, asking for $650 million
12 Nov 2015

Brokers with CBRE Las Vegas, who listed the property Wednesday, say its for-sale sign marks the last gasp of Southern Nevada's devastating economic downturn.

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Inside Gaming: North Strip needs a face lift
11 Nov 2015

Other than SLS and Circus Circus, the north section of Las Vegas Boulevard is a mix of small retail malls, empty land, unfinished developments and closed properties.

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Inside Gaming: MGM's REIT won't send the industry into a frenzy
8 Nov 2015

Unlike the real estate investment trusts started over the last few years by Penn National, Pinnacle and Caesars, MGM's move into an REIT is a "different animal," according to one industry analyst.

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Inside Gaming: East Fremont development helps downtown casinos boom
4 Nov 2015

Downtown gaming revenue has increased in eight consecutive months, including September's 9% jump.

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Penn National obtains lenders' waivers and discloses approximate debt balance
1 Nov 2015

The waivers come in connection with the company's change in the classification of its "Master Lease" with Gaming and Leisure Properties.

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Penn National Gaming releases Q3 2015 results
23 Oct 2015

Replays of the conference call on Oct. 22 will be available on the company's website for 30 days.

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Penn National Gaming to restate financials back to Nov. 2013
23 Oct 2015

The move follows a reclassification of rent payments to GLPI, the company's real estate trust, as recommended by auditors.

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Boyd Gaming not getting on the DFS train
23 Oct 2015

The casino operator's CEO told analysts on Thursday that the company does not have any plans to break into the recently popular, largely unregulated daily fantasy sports industry.

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