Other News

Analyst: Potential MGM REIT not a good idea
16 Sep 2015

Susquehanna Financial Group's Rachael Rothman told investors there are better ways for MGM to grow profits.

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Fitch Ratings updates recovery analyses for US gaming operators
10 Sep 2015

The updates include an analysis for Caesars Entertainment Operating Co., which had its ratings withdrawn following its bankruptcy filing in January.

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Penn National obtains regulatory approval for Tropicana purchase
21 Aug 2015

The Nevada Gaming Commission granted approval to complete the $360 million acquisition, and the purchase is expected to be completed on Aug. 25.

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FASTSIGNS provides graphics for Hollywood Gaming at Mahoning Valley Race Course
13 Aug 2015

The graphics at the Penn National Gaming facility are designed to communicate effectively with visitors and employees while extending PNG's brand identity throughout the venue.

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Inside Gaming: Harrah's New Orleans sees revenue drop under smoking ban
12 Aug 2015

New Orleans's smoking ban, which went into effect in April, is being blamed for a 16% decline in the casino's gaming revenue.

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Internal criticism shaking up UNLV's hotel college
10 Aug 2015

UNLV's hospitality school, a major source of hires for the area's tourism industry, has seen some controversial changes recently, with a new dean and departmental restructuring.

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Penn National Gaming gains preliminary approval to buy Tropicana
6 Aug 2015

The Rat Pack-era casino would be Penn National's first property on the Strip. The company plans to upgrade, but not rebrand, the historic casino.

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Inside Gaming: Pinnacle, GLPI deal could be a model for the industry
3 Aug 2015

Analysts say the deal, which sees Pinnacle leasing its real estate assets from the REIT, financially benefits both companies.

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Penn National Gaming to acquire Prairie State Gaming
31 Jul 2015

Penn National Gaming has entered into a definitive agreement to acquire the Illinois-based VGT operator in an all-cash transaction expected to close later this quarter.

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Investors show new love for regional casino markets
27 Jul 2015

The Lake Charles, Louisiana market is leading the way in making the investment community do a 180-degree turn on U.S. gaming operators.

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U.S. tribal casinos see fifth straight year of revenue increases
27 Jul 2015

In fiscal year 2014, U.S. tribal casinos brought in more than $28.5 billion.

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Boyd keeping mum about REIT plans
24 Jul 2015

While REITs are a popular investment choice for casinos, Boyd has repeatedly stated that it will not comment on the possibility of forming one until it has definitive plans.

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Penn National plans development program for the Tropicana
24 Jul 2015

The regional casino operator says it will launch a development plan for the Tropicana Las Vegas that would take three to five years to implement.

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Inside Gaming: MGM Resorts CEO discusses REIT plans
22 Jul 2015

Analysts expect MGM to announce a new strategic plan soon, and an interview with Jim Murren indicates that it is likely to include spinning off part of the company into a real estate investment trust.

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Pinnacle, GLPI agree on $4.75 billion merger
22 Jul 2015

After two rejected offers, Pinnacle has accepted an offer from GLPI rather than form its own spinoff REIT.

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