Pari-mutuel News

Grantville Race Course Slots Approved
2 Oct 2006

News Brief: Penn National Gaming Inc. has received the go-ahead to start building a slot-machine facility at its Penn National Race Course in Grantville.

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Penn National Gaming Granted Conditional License
28 Sep 2006

The Pennsylvania Gaming Control Board has granted Penn National Gaming a conditional Category 1 slot machine license for the placement of slot machines at its planned Hollywood Casino.

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Arena Leisure Plans Racino
21 Sep 2006

nternational News Brief: Arena Leisure outlined plans to build Britain's first ‘racino’, a combined racing and casino venue, in Wolverhampton.

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UK Horseracing Organiser Hit by Football Impact
20 Sep 2006

International News Brief: The UK's largest operator of horseracing fixtures blamed the distraction of the World Cup for a dip in form at its racecourse division today.

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Maine Casino Complex Budget Grows
7 Sep 2006

News Brief: The Bangor, Maine, project budget for Penn National Gaming Inc.'s permanent gaming complex has grown from $72 million to $90 million.

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MEC Purchases Amtote
5 Sep 2006

MEC Maryland Investments Inc. has increased its equity and voting interest in AmTote International, Inc. by acquiring the remaining 70% of AmTote for a cash purchase price of approximately $13.6 million.

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Recovering From Katrina: Back to Business in Biloxi
5 Sep 2006

Hung Vu never considered himself a construction worker, but a year away from his job as a blackjack dealer at Beau Rivage made the Vietnamese immigrant pretty good with a hammer and nails.

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Penn National Gaming Secures Property Insurance
10 Aug 2006

Penn National Gaming, Inc. has secured $400 million of "all risk" property insurance with sub-limits of $200 million for named windstorm and related storm surge, flood and earthquake losses

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Penn National, MTGA Amend Purchase Agreement
9 Aug 2006

Penn National Gaming, Inc. has agreed with the Mohegan Tribal Gaming Authority to amend its October 14, 2004 Purchase Agreement.

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Penn National Gaming President to Leave
27 Jul 2006

Penn National Gaming, Inc. reports that by mutual agreement, the Company's President and Chief Operating Officer, Kevin DeSanctis, will be leaving the Company by year-end 2006 to form Revel Entertainment.

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Penn National Reports Q2 Results
27 Jul 2006

Penn National Gaming, Inc.today reported record second quarter operating results for the period ended June 30, 2006.

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Magna Entertainment to Purchase Amtote
27 Jul 2006

Magna Entertainment Corp. has exercised its first purchase option to acquire an additional 30% equity interest in AmTote International and has sent written notice of its intention to exercise its second purchase option to acquire the remaining interest.

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General Manager Named for Bullwhackers Casinos
26 Jul 2006

Penn National Gaming, Inc. reports that Amy McHale has been named General Manager of the Company's Bullwhackers Casinos in Black Hawk, Colorado.

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Future of Grantville Track Clearer
4 Jul 2006

ews Brief: The uncertain future of the slot-machine casino that Penn National Gaming Inc. will build at its Grantville racetrack became a little less uncertain this week.

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Arena Leisure Results In Line
8 May 2006

Inernational News Brief: Horse race organiser Arena Leisure says it is currently performing in line with market expectations.

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