Management News

Penn National Gaming began preliminary work on a site the company has proposed for a new casino in New Orleans along the Harvey Canal.

A Morgan Joseph gaming analyst said he was encouraged by what he heard from his casino industry contacts.

Wall Street and industry observers believe Las Vegas tourism is slowly coming back and Nevada's gaming industry seems to be loosening the grips of a two-year-long recession.

Analysts have pegged Penn National Gaming as the early favorite for Louisiana’s 15th and final riverboat casino license in Harvey.

Efforts to approve online gaming in New Jersey are moving forward as possible federal legislation stalls in Washington.

The free applications for Android, iPhones and the iPad provide up-to-the-minute offers and information directly to a customer's device.

Nine of 10 publicly traded casino operators and slot machine manufacturers saw their average daily stock prices increase during October.

Boyd Gaming said it wouldn't match the offer MGM Resorts International received for its 50 percent stake in Atlantic City's Borgata hotel-casino.

Despite acquiring the M Resort, Penn National Gaming executives said the company isn't done shopping for a casino on the Las Vegas Strip.

The recession and falling revenues have have devalued casinos. Penn National picked up M Resort's debt for 23 cents on the dollar and will wait out a Las Vegas recovery. Across the country Resorts Atlantic City was sold to gaming veteran Dennis Gomes for $35 million, the lowest price ever paid for a New Jersey casino.

Lloyds Banking Group take big hit on M Resort Spa Casino loan.

Regional casino operator Penn National Gaming has acquired the 19-month-old M Resort for $230.5 million

Nevada casinos collected $944.5 million from customers in August compared with almost $847 million in the same month last year.

Eight of 10 publicly traded casino operators and slot machine manufacturers experienced increases in their average daily stock prices.

Penn National Gaming is forming a joint venture partnership with Texas racetrack operator Sam Houston Park.