Other News


Questions remain over stopped-in-progress Nevada projects
7 Feb 2011
A number of major casino projects in Las Vegas, including the Fontainebleau, are sitting dormant after construction was halted due to costs.
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Penn National begins M Resort promotion
3 Feb 2011
Penn National Gaming told investors it has begun marketing the newly-acquired M Resort to its customer database.
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Penn National starts work on New Orleans casino
27 Jan 2011
Penn National Gaming began preliminary work on a site the company has proposed for a new casino in New Orleans along the Harvey Canal.
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Analyst encouraged by positive start to 2011
5 Jan 2011
A Morgan Joseph gaming analyst said he was encouraged by what he heard from his casino industry contacts.
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Analysts say recovery is coming for Vegas
3 Jan 2011
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.
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Penn National seen as front-runner for Louisiana license
20 Dec 2010
Analysts have pegged Penn National Gaming as the early favorite for Louisiana’s 15th and final riverboat casino license in Harvey.
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New Jersey sees progress on Internet gambling
13 Dec 2010
Efforts to approve online gaming in New Jersey are moving forward as possible federal legislation stalls in Washington.
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Boyd Gaming launches new mobile applications
30 Nov 2010
The free applications for Android, iPhones and the iPad provide up-to-the-minute offers and information directly to a customer's device.
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Gaming stocks rise in October
1 Nov 2010
Nine of 10 publicly traded casino operators and slot machine manufacturers saw their average daily stock prices increase during October.
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Boyd Gaming won't purchase all of Borgata
25 Oct 2010
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.
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Penn National still pursuing Strip resort
25 Oct 2010
Despite acquiring the M Resort, Penn National Gaming executives said the company isn't done shopping for a casino on the Las Vegas Strip.
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Casinos selling for bargains in Nevada, Atlantic City
18 Oct 2010
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.
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Bank loses millions on Vegas casino
13 Oct 2010
Lloyds Banking Group take big hit on M Resort Spa Casino loan.
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Penn National buys M Resort for $230.5 million
8 Oct 2010
Regional casino operator Penn National Gaming has acquired the 19-month-old M Resort for $230.5 million
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Nevada gaming revenues jump 11.5 percent in August
8 Oct 2010
Nevada casinos collected $944.5 million from customers in August compared with almost $847 million in the same month last year.
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