Penn Entertainment, Inc. News

Mergers and acquisitions: Harrah's quiet about bids
13 Dec 2006

A meeting that no one will confirm is taking place could determine the direction of the gaming industry's largest casino operator.

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New VP named by Penn National Gaming
8 Dec 2006

Penn National Gaming, Inc. reports that Christopher M. McErlean, 39, has been named Vice President of Racing, subject to customary regulatory approvals.

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Analysts question Penn National's bid
30 Nov 2006

Speculation abounded Wednesday on news that regional casino operator Penn National Gaming was making a play to buy gaming industry giant Harrah's Entertainment.

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Penn National may lead offer for Harrah's
29 Nov 2006

News Brief: According to a source, a group led by Penn National Gaming Inc. and hedge fund D.E. Shaw is considering making a cash and stock offer for casino company Harrah's Entertainment Inc.

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Racino crimes yet to surface
27 Nov 2006

News Brief: On the surface, little appears to have changed in terms of Bangor"s social fabric since Hollywood Slots at Bangor opened its doors a year ago this month.

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Penn National Gaming to acquire Zia Park Racetrack/Black Gold Casino
8 Nov 2006

Penn National Gaming, Inc. has entered into a definitive agreement to purchase the assets of Zia Partners, LLC, which are primarily comprised of Zia Park Racetrack and its Black Gold Casino for $200 million.

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Mississippi casinos revenues, insurance costs up
27 Oct 2006

News Brief: The Gulf Coast casinos owned by Penn National Gaming are making more money now than they did before Hurricane Katrina, but profits are being offset by higher insurance costs, company executives told investors.

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Penn National reports results
26 Oct 2006

Penn National Gaming, Inc. reported record third quarter operating results for the period ended September 30, 2006.

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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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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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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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