Management News

Construction, weak regional performance hold back Boyd Gaming
1 Nov 2013

For the third quarter that ended Sept. 30, Boyd Gaming Corp. announced a loss of $8.3 million, or 8 cents per share, compared to a loss of $8.8 million, or 10 cents per share, for the same period in 2012.

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Penn National Gaming reports profits down in third quarter
18 Oct 2013

The casino operator, which owns M Resort, said its net income for the third quarter that ended Sept. 30 was $41.3 million or 40 cents per share.

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MGM Resorts, Penn National win suitability ruling from Maryland regulators
11 Oct 2013

The ruling sets the stage for public hearings later this month into the three proposals for a casino license in Prince George’s County.

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Penn National to begin spinoff of real estate holdings
9 Oct 2013

Penn National shareholders will receive one share of common stock in the real estate investment trust equal to each share of common stock held in the casino operator as of Oct. 16, the record date for the spinoff.

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Penn National, two other gaming companies file for Massachusetts license
7 Oct 2013

The Massachusetts Gaming Commission hopes to award the slots-only license in late December or early January, months before any of the resort casinos are licensed.

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Stardust Casino lives again on free-to-play social gaming site
16 Sep 2013

Las Vegas's famed Stardust returns with new Stardust Casino ame on Facebook.

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Executives from Boyd Gaming, MGM and Caesars picked for UNLV stadium board
11 Sep 2013

Eight of the 11 seats on UNLV’s stadium board are now filled. University officials are waiting for the governor, the Assembly speaker and the Senate majority leader to each appoint a member to round out the board.

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Penn National's planned split gains more regulatory approvals
25 Aug 2013

Gaming boards in Pennsylvania, Missouri, Ohio, and Kansas approved the deal, in which Penn National would separate a portion of its 28 casinos and race track operations into a real estate investment trust (REIT).

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Four state bodies OK Penn National Gaming's plan to split
16 Aug 2013

The company, which owns M Resort, announced Thursday the Iowa Racing and Gaming Commission, Louisiana Gaming Control Board, Mississippi Gaming Commission and the Pennsylvania State Racing Commission approved the steps necessary to implement the planned separation.

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Boyd Gaming announces stock sale
1 Aug 2013

The announcement came Wednesday after the close of trading on the New York Stock Exchange and the day after the company reported better-than-expected quarterly earnings.

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Regional casino deal helps Boyd Gaming boost profits; shares soar
31 Jul 2013

Boyd said its net income for the quarter than ended June 30 was $11.6 million, or 13 cents per share. A year ago, the company reported net income of $1 million, or 1 cent per share.

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Gaming Commission OKs Penn National's plan to split into two
26 Jul 2013

The concept would separate 19 of the company’s 29 casinos and racetracks, including the M Resort, into a real estate investment trust, often referred to as a REIT.

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Penn links weak earnings to bad weather, less interest in gambling
24 Jul 2013

Penn National Gaming's east-west region, which includes M Resort, had the largest decline of any of the company's reporting divisions with revenues down 9.1 percent to $317.1 million.

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Penn National real estate move could become industry standard
11 Jul 2013

The concept would separate 19 of the company’s 29 casinos and racetracks, including the M Resort, into a real estate investment trust, often referred to as a REIT.

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Rebound anticipated in locals casino market
1 Jul 2013

Two analysts in the past week said they sense a rebound could take hold in the locals gaming market in the second half of the year.

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