Penn Entertainment, Inc. News

Isle of Capri Casinos shakes up corporate management
14 Jul 2014

On Thursday the St. Louis-based company announced a management shake-up at the corporate level, eliminating the executive chairman role with the board of directors and the chief strategic officer position.

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Massachusetts voters can decide casino issue, court rules
25 Jun 2014

The state’s highest court said Tuesday voters can ultimately decide if Massachusetts can have gaming.

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Penn National sees trouble on the horizon
9 Jun 2014

Penn National Gaming’s Hollywood Casino at Charles Town Races is feeling the brunt of neighboring Maryland’s gaming expansion, even though the state’s two newest casinos have yet to open.

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Pinnacle drops New York casino bid
22 May 2014

Regional casino operator Pinnacle Entertainment withdrew from consideration for one of four gaming licenses in New York, state gaming officials announced late Tuesday.

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Cannery Casino Resorts sells Pennsylvania racetrack casino
16 May 2014

The transaction, announced Wednesday, is subject to regulatory approval and expected to close by the end of the year.

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Cosmopolitan of Las Vegas sold to Blackstone Group for $1.73 billion
16 May 2014

The deal is subject to approval of Nevada gaming regulators.

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Penn National Gaming again views expansion on Strip
25 Apr 2014

Penn National Gaming, which owns M Resort, is again looking at the Strip for possible expansion opportunities.

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N.Y. investment fund proposes REIT for Pinnacle casino holdings
22 Apr 2014

Orange Capital said it believes Pinnacle could be more valuable to shareholders by splitting the company into a trust.

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Regional gaming operators hope end of winter will nurture warmer financial figures
14 Apr 2014

Weather issues kept casino patrons at home in several states where companies such as Penn National Gaming, Isle of Capri Casinos, Pinnacle Entertainment and Boyd Gaming Corp. derive the bulk of their quarterly revenue.

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Inside Gaming: Boyd deal sparks torrent of speculation
17 Mar 2014

Scenarios ranged from a corporate takeover to moving the company’s casinos into a real estate investment trust.

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Massachusetts Internet gambling hearing focuses on geolocation, payment processing issues
11 Mar 2014

Geolocation and payment processing dominated the Internet gambling hearing hosted by the Massachusetts Gambling Commission at the Boston Convention Center on Tuesday.

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Moves by Caesars fail to ease debt worries on the Street
10 Mar 2014

Caesars Entertainment Corp. announced last week it was selling four casinos to its Caesars Growth Partners subsidiary for $2.2 billion.

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Gaming companies have lucrative deals operating Indian casinos
27 Jan 2014

Gaming expansion into states beyond recently approved markets is virtually nonexistent.

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Penn National Gaming starts work on $360 million California project
14 Jan 2014

The casino company announced initial development activities on the Hollywood Casino Jamul this past week.

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Inside Gaming: Foreign deals can include risks
18 Nov 2013

Penn National Chairman Peter Carlino said the regional casino operator explored a joint venture in an unnamed country. The idea was quashed when Penn discovered its potential partner had budgeted payoffs for border guards.

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