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Schwab Charles Investment Management Inc. Grows Stake in Penn National Gaming, Inc (PENN)

Schwab Charles Investment Management Inc. lifted its position in Penn National Gaming, Inc (NASDAQ:PENN) by 16.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).

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4/1/2020

article Casino employees furloughed
(Pennsylvania) -- Hollywood Casino at Charles Town Races will layoff about 1,300 employees starting today due to its operations being temporarily shuttered during the...

3/30/2020

article Penn National Gaming announces furloughs, real estate moves
(Las Vegas) -- Penn National Gaming, the operator of the M Resort and the Tropicana, announced on March 27 that they would furlough 26,000 employees in a nationwide...
article Penn National Gaming Sells the Tropicana Real Estate Assets on the Strip
(Las Vegas) -- Penn National Gaming Inc., the parent company of the Tropicana, sold the real estate assets of the resort on the Strip to Gaming & Leisure Properties...

3/28/2020

article Penn National Gaming to Sell Tropicana Property for Credits, Workers Nationwide Get Furloughed
(Las Vegas) -- There is no word yet on what will happen to the M Resort located in Nevada. But Penn Gaming, which operates M, says it may take “further steps...

3/27/2020

article Penn Gaming to furlough 26K workers, selling Tropicana real estate
(Pennsylvania) -- Penn National Gaming, operator of the Tropicana and the M Resort, will furlough its 26,000 employees nationwide beginning Wednesday, the company...
article Penn National sells Tropicana, will furlough 26,000 workers
(Las Vegas) -- Tropicana Las Vegas will have a new owner. Penn National Gaming on Friday announced an agreement to sell the Las Vegas property’s real estate assets...

3/24/2020

article Penn National Gaming Credit Downgrade not Derailing Epic Stock Rally
(Wall Street) -- Penn National Gaming (NASDAQ:PENN) is extending a jaw-dropping run that has seen the embattled gaming stock more than triple off its 52-week low notched...

3/18/2020

article Penn National Shares Implode as Coronavirus Forces Casino Closings
(Pennsylvania) -- Shares of Penn National Gaming cratered Wednesday as the coronavirus pandemic has forced the country’s largest regional casino owner to close...

3/17/2020

article Penn National Halts Morgantown And York Mini-Casino Construction In PA
(Pennsylvania) -- Construction of two Pennsylvania mini-casinos shut down today, Penn National Gaming, Inc. announced. Hollywood Casino Morgantown was under construction...
article Penn National taps into $430M in credit after coronavirus outbreak closes casinos
(Wall Street) -- Penn National Gaming is using $430 million in credit as a lifeline as the company's casinos close and its stock plummets. Penn National (NASDAQ:...

3/7/2020

article DraftKings, Penn National Among Latest Operators Landing Colorado Sports Betting Licenses
(Colorado) -- In an effort to render decisions on more sports betting applications ahead of the May 1 launch date, the Colorado Limited Gaming Control Commission (CLGCC...

2/28/2020

article Gaming Giant Gets New Compliance Chief as Sports Betting Spreads
(Pennsylvania) -- Penn National Gaming Inc. hired a new chief compliance officer this month, just weeks after the North American casino and racetrack operator pushed...

2/26/2020

article So Penn National Pitched In-Person Registration After Buying Barstool Sportsbook?
(Missouri) -- A representative of Penn National Gaming raised some eyebrows at a hearing on Missouri sports betting Tuesday by referring to in-person registration...

2/12/2020

article Penn National's Argosy Casino Alton to open sportsbook in March
(Illinois) -- The sportsbook is set to feature more than 25 big screen TV's with betting windows and self-service kiosks. The riverboat casino will host a job fair on...

2/11/2020

article Cordish Gaming names general manager for new Live! Casino in Pennsylvania
(Pennsylvania) -- Cordish Gaming Group, a division of The Cordish Companies, announced Tuesday the appointment of Sean Sullivan as General Manager of the new $150...

2/6/2020

article Why Spotify and a casino bought The Ringer and Barstool
(USA) -- Two big, splashy digital media acquisitions in the last week tell us something important about the future of media: The old predictions that the Big TV guys...
article Markets shrug off loss for Penn National Gaming
(Pennsylvania) -- Penn National Gaming stock jumped over 7% in the days since it announced its equity deal with Barstool Sports. Today, although company announced a net...

1/30/2020

article Sports betting poised for big investments in 2020
(USA) -- Barstool Sports is poised to transition from media company to a major sports betting company on the heels of a $163 million investment from Penn National Gaming.
article The sports betting industry is set for a big year
(USA) -- Barstool Sports used to be a media company, but on the heels of a $163 million investment from Penn National Gaming, it is now, in many respects, a sports...
article Barstool Sports founder sets eyes on buying a sports team after Penn National casinos partnership
(USA) -- Barstool Sports founder David Portnoy told CNBC on Wednesday he has his eyes set on owning a sports team after the sports and pop culture blog landed a nine-...
article Sportsbook, App, And Casino All Next For Barstool Sports
(USA) -- In many ways, Penn National Gaming’s acquisition of a minority stake in Barstool Sports was born out of the U.S. Supreme Court declaring the Professional...
article Casino operator buys stake in Barstool Sports, valuing brand at $450 million
(USA) -- The deal between popular sports-media publisher Barstool Sports Inc. and a casino operator is the latest sign of the seismic change under way in sports betting...

1/29/2020

article A casino company is buying Barstool Sports in a $450 million deal
(USA) -- A media company has become a sports betting company: The owner of Barstool Sports has agreed to sell the popular and controversial digital sports publisher to...
article Barstool Sports is selling a big stake to a casino company, in a deal that values the company at $450 million
(Pennsylvania) -- The buzzy and controversial millennial media brand Barstool Sports is selling a stake to a regional casino company in a deal that values the media...
article Barstool Sports sells a stake to a betting company. Up next: Barstool-branded casinos.
(Pennsylvania) -- Gambling operator Penn National Gaming announced Wednesday that it was buying a minority stake in Barstool Sports, the popular and controversial sports...
article Hollywood Casino owner poised to compete in growing sports-betting market
(Pennsylvania) -- The parent company of Bangor’s Hollywood Casino has bought a $163 million stake in Barstool Sports Inc., a move that could allow the casino...
article Local casino operator buys 36% stake in Barstool Sports
(Pennsylvania) -- Local casino operator Penn National Gaming has acquired a 36% interest in digital sports media company Barstool Sports for $163 million. As part of the...
article Penn National invests $163M in Barstool Sports blog partnership
(Pennsylvania) -- Penn National Gaming has invested in a popular sports and pop culture blog it hopes will drive customers to its properties and generate more sports...
article Penn National stock soars on news the gambling company is taking 36% stake in Barstool Sports
(USA) -- Penn National Gaming is betting big on its newest partner, Barstool Sports. The casino company announced it's taking a 36% stake in the digital sports media...
article Plainridge Casino Company Partnering With Barstool Sports
(Massachusetts) -- The parent company of the Plainville slots parlor has bought into and partnered with Barstool Sports in an acquisition that the company said will draw...
article Updated: Penn National to acquire 36% stake in sports media giant Barstool Sports for $163 million
(USA) -- Penn National Gaming placed a $163 million wager on sports media platform Barstool Sports Wednesday, betting the site’s 66 million monthly visitors will...

1/16/2020

article Hollywood Casino fined $20,000 by state for holding ‘unapproved’ poker tournament, other errors
(Pennsylvania) -- Hollywood Casino at Penn National Race Course has been fined $20,000 by the state for holding poker tournaments last year that were not properly...

1/15/2020

article Gaming Control Board fines Penn National casino
(Pennsylvania) -- The Pennsylvania Gaming Control Board fined Mountainview Thoroughbred Racing Association LLC, operator of Hollywood Casino at Penn National Race Course...
article Hollywood Casino fined for unapproved poker tournaments
(Pennsylvania) -- The operator of Hollywood Casino at Penn National Race Course has been fined $20,000 for holding poker tournaments that had not been approved by the...

1/14/2020

article Barstool Sports may be next for the latest gambling & media marriage
(Pennsylvania) -- Media content companies are fast becoming desirable partners for gaming companies trying to tap into the fast-growing $150 billion dollar legal sports...

1/8/2020

article Hollywood Casino to debut 8,000-square-foot expansion
(Ohio) -- Soon visitors to Hollywood Casino Columbus will have more space to play slot machines like 88 Fortunes and Lock It Link. The casino announced Wednesday it is...

12/26/2019

article Penn National Receives Sports Betting License For Satellite Casino
(Pennsylvania) -- Another gaming venue is coming to Pennsylvania, as the former Sears department store in York Galleria Mall will be making the transition. Last week,...

12/19/2019

article Penn National gets OK to open mini-casino in vacant store in York mall
(Pennsylvania) -- Pennsylvania state gambling regulators voted Wednesday to approve a second license for Penn National Gaming to open a mini-casino, this time in a...

12/17/2019

press release JCM Global Enters into Multi-Year Master Supplier Agreement with Penn National Gaming
(Las Vegas) -- Expanding on a long-term partnership and laying the groundwork for the future, JCM Global and Penn National Gaming have entered into a multi-year master...

12/10/2019

article Penn National Gaming Potentially Potent Pick Among Regional Gaming Equities, Says J.P. Morgan
(Wall Street) -- Up almost 14 percent since the start of the fourth quarter, Penn National Gaming (NASDAQ:PENN) is proving resurgent among regional gaming equities, a...

12/4/2019

article Penn National reorganizes management team in preparation for CEO change
(Pennsylvania) -- Jay Snowden takes over as CEO of Penn National Gaming on Jan. 1, and he now has his management team in place. The Wyomissing, Pennsylvania-based...

11/14/2019

press release Penn National Gaming, Inc. Recognized for Alcohol Education Program
(Pennsylvania) -- Health Communications, Inc. (HCI), the providers of the TIPS (Training for Intervention ProcedureS) Program, is pleased to announce that Penn National...

11/12/2019

article "Sports betting is a great opportunity to attract the younger generation," incoming Penn National CEO says
(Pennsylvania) -- In January 2020, Jay Snowden, the President and Chief Operating Officer of Penn National Gaming, will become the company’s CEO, succeeding the retiring...

11/11/2019

article From a single racetrack to a billion-dollar business: Penn National Gaming emerges as a national player
(Pennsylvania) -- Dixie Grubb remembers when the Penn National Race Course was built on farmland nearly 50 years ago. The track generated a lot of excitement and...
article Penn National Gaming President Jay Snowden: ‘We have to evolve our experience'
(Pennsylvania) -- Jay Snowden doesn’t hide his passion for the gambling industry. Snowden, the president and chief operating officer of Penn National Gaming, talks...

11/4/2019

article Potential deal for Tropicana Las Vegas grabs investment community’s interest
(Las Vegas) -- Analysts spent much of last Wednesday evaluating the pros and cons of a potential sale and leaseback of MGM Grand Las Vegas. A day later, the resort...

11/1/2019

article Penn National Gaming Wants Another Media Partner For Online Sportsbook
(Pennsylvania) -- Penn National knows it doesn’t have an in-house sports brand to launch an online sportsbook in the 19 states where it operates. But the regional...
article Penn National "encouraged" by ongoing talks to sell Tropicana Las Vegas
(Las Vegas) -- Penn National Gaming said Thursday it is evaluating unsolicited offers to buy the Tropicana Las Vegas casino hotel or its real estate, though it added a...

10/31/2019

article Penn says new ‘competitor’ in the northeast slices in company’s Massachusetts results
(USA) -- Regional casino giant Penn National Gaming has 41 properties in 19 states. So a third quarter dip in one market can be offset by results from casinos in other...

10/11/2019

article Penn National Gaming Banks on Sports Betting for Growth
(Wall Street) -- Penn National Gaming, Inc.’s PENN strategic partnerships with DraftKings, PointsBet, theScore and The Stars Group, strong brand presence and cost...

10/3/2019

article Rivers Casino opens sportsbook, The Meadows book to open soon
(Pennsylvania) -- With the recent legalization of sports gambling in Pennsylvania, two local casinos have placed big bets that their sportsbooks will be a big draw for...

9/9/2019

article Sports betting is a small piece of Penn National's pie, but it's growing
(Pennsylvania) -- Even though casino gambling has been around in Pennsylvania for more than a decade, the gaming industry's evolution in the state, and nationwide,...

8/9/2019

article Analysis: What Penn National does next
(Wall Street) -- Major League Baseball’s final trading deadline was moved forward to July 31 this season, but the real blockbuster was actually announced the next...

8/8/2019

article Penn National Gaming Enters Agreement With Leading Sports Betting Companies
(New Jersey) -- Penn National Gaming, Inc. has entered into multi-year contracts with a handful of the biggest sports betting operators in the country, signaling a huge...
article Penn National Gaming: A Catalyst-Rich Gaming Stock Trading At Depressed Valuations
(Wall Street) -- Penn National Gaming (PENN) is one of the more attractive investment opportunities available in the market today, primarily because I think the market...

8/7/2019

article Penn National Gaming: Don't Let Sports Betting Opportunity Go Unnoticed
(USA) -- Penn National Gaming (PENN) reported strong second-quarter earnings last week. Shares still fell, as investors weren’t too surprised or enthused by the...
article Q&A With Kambi CCO Max Meltzer On Groundbreaking Partnership With Penn National
(USA) -- On the eve of releasing its second quarter financial results for the first six months of 2019, Penn National Gaming, Inc. dropped a bombshell on the final day...

8/3/2019

article Penn National CEO Tim Wilmott to retire at the end of the year; Jay Snowden to take over Jan. 1
(Pennsylvania) -- Penn National Gaming overshadowed its second quarter earnings Thursday when it announced that CEO Tim Wilmott will retire at the end of the year....

8/2/2019

article Penn National Gaming partners with DraftKings, others for online sports betting
(Pennsylvania) -- Penn National Gaming Inc. has entered into multiyear agreements with four companies — including DraftKings — to bolster its online sports...

8/1/2019

article Kambi CCO: US operators like Penn National should get the foundations in place first
(USA) -- Max Meltzer, CCO at Kambi, discusses the supplier’s new partnership with Penn National Gaming exclusively with Gambling Insider. What makes Penn National...

7/31/2019

article Penn National inks five new sports betting, online gambling deals
(Pennsylvania) -- Regional casino operator Penn National Gaming (PNG) has announced four sports betting and online gambling deals with DraftKings, PointsBet, theScore...

7/16/2019

press release KGM Gaming enters deal with Penn National Gaming
(USA) -- KGM Gaming announced that they are entering into a multi-product, multi-year exclusive deal with Penn National Gaming to provide their properties gaming seating...

6/20/2019

article Cabela's site in Berks sold for $33.6 million
(Pennsylvania) -- Cabela's in Tilden Township is worth quite a bit of money. As part of the outdoors company's sale to Bass Pro Shops, the location was recently...

6/11/2019

article Penn National’s proposed mini-casino near Morgantown faces a potentially fateful hearing
(Pennsylvania) -- A big step in Penn National Gaming Inc.’s process of building a mini-casino in Caernarvon Township could come Wednesday. The Pennsylvania Gaming...

6/3/2019

article 35 Institutional Investors Left Penn National Gaming, Inc.
(Wall Street) -- Penn National Gaming, Inc. (NASDAQ:PENN) reached 8.96% versus a 1-year low price of $17.3. The stock was last seen -4.56% lower, reaching at $18.85 on 5...

5/31/2019

article Peter Carlino stepping down as Penn National Gaming chairman
(Pennsylvania) -- An antitrust act is causing Penn National Gaming’s chairman to step down, following the company’s $2.8 billion acquisition of Pinnacle...

5/29/2019

article OP/ED: Penn National Gaming: their actions admit it - gambling causes problems
(Pennsylvania) -- Penn National Gaming’s presentation at the March 4 public hearing was interesting. First, representatives said that PNG gives $30,000 annually (...

5/2/2019

article Penn National reports record $1.283B in first-quarter revenue
(Pennsylvania) -- Penn National Gaming Inc. plowed through inclement weather in the Midwest and Northeast to score record first-quarter revenue and operating income, the...

4/26/2019

article Harrah's opens new poker room in Chester casino
(Pennsylvania) -- A new poker room at Harrah’s Philadelphia Casino & Racetrack is the most recent winning move for the Chester gambling venue. Harrah’s...

4/2/2019

article Penn National Plans for New Mini-Casino near Amish Country Meet Strong Opposition from Local Communities
(Pennsylvania) -- Following recent approval from local authorities, the plans for the new Penn National Gaming’s mini-casino in Morgantown, Berks Country,...

3/13/2019

article Caernarvon Township approves Penn National mini-casino
(Pennsylvania) -- Despite local controversy, the Caernarvon Township supervisors on Tuesday unanimously approved preliminary and final plans for a proposed $111 million...

1/9/2019

article Penn National Gaming Board of Directors Authorizes New $200 Million Share Repurchase Program
(Wall Street) -- Penn National Gaming, Inc. (PENN: Nasdaq) (Penn National or the Company) announced today that its Board of Directors approved a new $200 million share...

1/2/2019

article Casino Dealer Says Tip Pool Flouts FLSA In Quick Win Bid (sub req)
(West Virginia) -- A dealer at a West Virginia casino owned by Penn National Gaming Inc. has asked a federal judge for a quick win in her proposed class action...

12/19/2018

article Hollywood Casino reports it handled more than $1.4 million in sports betting in its first two weeks
(Pennsylvania) -- Sports gambling at Hollywood Casino at Penn National Race Course generated more than $1.4 million in wagers from Nov. 15-30, according to the initial...

11/14/2018

article Penn National Stock Jumps 8% on $300 Million Deal for Detroit Casino
(Wall Street) -- Penn National Gaming Inc. rose nearly 8% Wednesday to close at $21.32 a share on news that the gambling company is buying Detroit's Greektown Casino...

11/1/2018

article Penn National makes case for York County mini- casino at struggling York Galleria Mall
(Pennsylvania) -- Penn National Gaming executives received a fairly warm welcome Thursday as they opened their bid to sell Pennsylvania Gaming Control Board on...

10/31/2018

article Penn National Gaming to open Hollywood Casino Morgantown in Caernarvon Twp.
(Pennsylvania) -- Wyomissing-based Penn National Gaming, Inc. announced Wednesday it has filed an application for Hollywood Casino Morgantown to be located in Caernarvon...
article Penn National puts forward plans for $111m Hollywood Casino Morgantown
(Pennsylvania) -- Penn National Gaming has filed a proposal with the Pennsylvania Gaming Control Board (PGCB) for Hollywood Casino Morgantown. This would be the operator...

10/3/2018

article Federal Trade Commission Signs Off on Penn National $2.8 Billion Pinnacle Takeover on Condition of Casino Divestiture to Boyd
(Missouri) -- The US Federal Trade Commission (FTC) this week rubberstamped Penn National Gaming’s (PNG) proposed $2.8 billion acquisition of Pinnacle...
article Penn National Gaming’s $2.8B Pinnacle acquisition approved
(Las Vegas) -- The state Gaming Control Board and the Nevada Gaming Commission on Wednesday approved Penn National Gaming Inc.’s $2.8 billion acquisition of Las...

10/2/2018

article FTC orders sale of KC Casino
(Missouri) -- The Federal Trade Commission has ordered Penn National Gaming Inc. and Pinnacle Entertainment Inc. to divest four casinos in Kansas City, St. Louis and...
article Penn National To Invest Heavily In Pennsylvania Sports Betting; Online Plans In The Works
(Pennsylvania) -- Penn National, the first PA casino to pony up the $10 million licensing fee to offer sports betting, met with the state gaming control board today for...
article FTC orders sale of KC casino
(Kansas) -- The Federal Trade Commission has ordered Penn National Gaming Inc. and Pinnacle Entertainment Inc. to divest four casinos in Kansas City, St. Louis and...

10/1/2018

article FTC approves Penn National's purchase of Pinnacle with divestitures
(Washington D.C.) -- The U.S. Federal Trade Commission on Monday approved casino operator Penn National Gaming Inc’s (PENN.O) $2.8 billion purchase of Pinnacle...

9/14/2018

article Plan filed by Penn National for nearly $120 million Hollywood Casino York
(Pennsylvania) -- After in July withdrawing a federal lawsuit filed against the Pennsylvania Gaming Control Board (PGCB) and Governor, Tom Wolf, Penn National Gaming,...

9/12/2018

article Boscov's, Marshalls, a mini-casino? Penn National plans gambling hall in York County mall
(Pennsylvania) -- The rapidly evolving retail world could be described as a high-stakes game, one in which the players can lose or gain depending on how they react to...

9/6/2018

article Penn National picks vacant Sears near York for mini-casino
(Pennsylvania) -- Berks County-based Penn National Gaming has selected a site for one of two mini-casinos it plans to open in Pennsylvania.

8/31/2018

article Penn National given go-ahead by regulators to acquire Pinnacle
(Las Vegas) -- Penn National Gaming wanted to buy Pinnacle Entertainment, a company that owns a number of casinos around the United States. The only thing standing in...

8/30/2018

article Gaming operator, seeking to buy third KC casino, nears M&A payout
(Missouri) -- A Kansas City casino could be dealt a new owner soon. The Missouri Gaming Commission approved Penn National Gaming Inc.'s proposed acquisition of Las...

8/21/2018

article Penn National Gaming Goes Five For Five With Mississippi Casino Sports Betting
(Mississippi) -- Penn National Gaming will offer sports betting in five of its Mississippi casinos this month.

8/17/2018

article What we know so far about plans for sports betting at Hollywood Casino in Grantville
(Pennsylvania) -- Penn National Gaming, operators of the Hollywood Casino at Penn National Race Course, became the first Pennsylvania casino operator to ask for a...

8/10/2018

article Penn National Gets License For West Virginia Sports Betting With William Hill
(West Virginia) -- Five months after legalizing sports betting, West Virginia is moving toward the launch of its state-regulated industry with some newfound urgency....

8/4/2018

article Penn National Gaming pursuing deals with sports leagues
(USA) -- Penn National Gaming, the largest U.S. regional gaming company by states, said it is pursuing deals with sports leagues as it begins to expand wagering in more...

7/29/2018

article Penn National Gaming Reports Strong Earnings, Remains Focused on Expansion
(Pennsylvania) -- Penn National Gaming, one of the largest regional casino operators in the United States, reported better-than-expected earnings in its second quarter.

7/26/2018

article Penn National Taking Its Time To Roll Out PA Gambling Expansion
(Pennsylvania) -- Penn National Gaming issued its results for the second quarter of this year. During the earnings call with investors, Penn gave out some indication of...
article Penn National expects more ‘tuck in’ acquisitions after it completes Pinnacle purchase
(Las Vegas) -- Penn National Gaming offered some clarity to its multiple acquisitions and growth potential during its second quarter earnings announcement Thursday. The...
article Penn National Reports Strong Second Quarter
(Las Vegas) -- Casino and track owner Penn National Gaming Inc. reported a spike in income from operations in announcing financial results July 26 for the three months...

6/30/2018

article Penn National continues growth plan while awaiting Pinnacle deal closing
(Las Vegas) -- It’s been seven months since Penn National Gaming said it would spend $2.8 billion to acquire several regional casinos operated by rival Pinnacle...

6/27/2018

article Penn National gets more time to pick mini-casino site
(Pennsylvania) -- Penn National Gaming has been granted more time to select the site of a mini-casino it wants to build in York County. The company in January submitted...

6/23/2018

article Penn National continues growth plan while awaiting Pinnacle deal closing
(Las Vegas) -- It’s been seven months since Penn National Gaming said it would spend $2.8 billion to acquire several regional casinos operated by rival Pinnacle...

6/19/2018

article Margaritaville Resort Casino to be acquired by Penn National
(Louisiana) -- Margaritaville Resort Casino Bossier City will be acquired by Penn National Gaming, Inc. and VICI Properties, Inc. Bossier Casino Venture, Inc., the owner...
article Penn National Gaming To Buy Operations Of Margaritaville Resort Casino
(Louisiana) -- Penn National Gaming, Inc. (PENN) agreed Tuesday to acquire the operations of Margaritaville Resort Casino in Bossier City, Louisiana in an all cash deal...
article Penn National to acquire Louisiana casino
(Louisiana) -- Wyomissing-based Penn National Gaming Inc. announced Tuesday that it has entered into an agreement to acquire the operations of Margaritaville Resort...

5/1/2018

article Penn National secures additional approvals for pending Pinnacle Entertainment acquisition
(USA) -- After last month receiving conditional approval from the West Virginia Lottery Commission (WVLC) and The Pennsylvania Gaming Control Board (PGCB), Penn National...

4/30/2018

article Mississippi regulators approve Penn National’s $2.8B purchase of Pinnacle
(Mississippi) -- The Mississippi Gaming Commission became the latest state regulatory body to approve Penn National Gaming’s $2.8 billion acquisition of Pinnacle...

4/13/2018

article Penn National Gets Financing Approval for Pinnacle Deal
(Pennsylvania) -- Penn National Gaming Inc. announced Thursday afternoon the Illinois Gaming Board has approved the proposed financing for its acquisition of Pinnacle...

4/9/2018

article Pennsylvania Regulator Allows Interactive Gaming Skins
(Pennsylvania) -- The Pennsylvania Gaming Control Board has a tough job. Once lawmakers approved online poker and casino sites for the state, the state’s gambling...

4/4/2018

article Hollywood Casino Doubling Down On Mini-Casino With Second License
(Pennsylvania) -- The first round of the subsequent auction for mini-casino licenses got underway Wednesday morning. The proceedings featured a single bidder, Hollywood...
article Penn National Secures Second Pennsylvania Satellite Casino With $10.5 Million Bid, Reading Targeted
(Pennsylvania) -- Penn National Gaming has secured rights to a second satellite casino after submitting a $10.5 million bid during Wednesday’s Pennsylvania Gaming...
article Penn National snares its 4th casino license in Pennsylvania
(Pennsylvania) -- Penn National Gaming was the sole and winning bidder on Wednesday for a fifth new mini-casino license authorized by cash-poor Pennsylvania, potentially...
article Penn National wins another mini-casino auction, picks site in Lancaster County
(Pennsylvania) -- The operator of Hollywood Casino at Penn National Race Course in Dauphin County has now won two mini-casino auctions.
article Penn National wins another mini-casino auction, picks site in Lancaster County
(Pennsylvania) -- Berks County-based Penn National Gaming Inc. finds itself on two parallel paths when it comes to Pennsylvania’s ongoing mini-casino craze. On one...
article Penn National wins bid to place second mini-casino in Reading
(Pennsylvania) -- Penn National Gaming has won the right to place a mini-casino somewhere in the Reading / Lancaster corridor. The Wyomissing-based company, which...
article Why did they do it? Penn National explains its second dive into the Pennsylvania's satellite casino market
(Pennsylvania) -- Football coaches might call it an attacking defense. But that's exactly what Penn National Gaming had in mind when it decided to jump back into the...

3/29/2018

article Acquisition of Indiana Casino Parent Hits Milestone
(Las Vegas) -- The proposed $2.8 billion acquisition of Las Vegas-based Pinnacle Entertainment Inc. (Nasdaq: PNK), which owns Ameristar Casino and Hotel in East Chicago...

3/23/2018

article Penn National Gaming OK'd to acquire Pittsburgh-area casino
(Pennsylvania) -- Berks County-based Penn National Gaming has gotten the formal OK to operate its second casino in Pennsylvania. The Pennsylvania Gaming Control Board...

3/22/2018

article Double thumbs up for Penn National Gaming following approval from regulators
(Pennsylvania) -- US casino operator, Penn National Gaming has confirmed that it has received approval from both the Pennsylvania Gaming Control Board and the West...

3/16/2018

article Penn National Pinnacle Entertainment Buyout Sparks Second Federal Trade Commission Review, Monopoly Concerns at Stake
(New York) -- Penn National Gaming’s $2.8 billion acquisition of Pinnacle Entertainment is still scheduled to be completed in the latter half of 2018, but a second...

3/12/2018

article Penn National Gaming, Inc (PENN) Shares Sold by OppenheimerFunds Inc.
(New York) -- OppenheimerFunds Inc. reduced its holdings in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 25.0% during the fourth quarter, according to the...

3/1/2018

article Gamco Investors INC. ET AL Has $439,000 Stake in Penn National Gaming, Inc (NASDAQ:PENN)
(Las Vegas) -- Gamco Investors INC. ET AL lessened its holdings in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 30.0% in the fourth quarter, according to the...

2/25/2018

article Penn National Gaming (PENN) Given Buy Rating at Jefferies Group
(New York) -- Penn National Gaming‘s stock had its “buy” rating reaffirmed by Jefferies Group in a research note issued to investors on Tuesday,...

2/23/2018

article Penn National Gaming, Inc Expected to Earn FY2018 Earnings of $1.76 Per Share (PENN)
(Pennsylvania) -- Penn National Gaming, Inc (NASDAQ:PENN) – Research analysts at SunTrust Banks increased their FY2018 earnings per share (EPS) estimates for Penn...

2/20/2018

article Penn National Gaming Target of Unusually High Options Trading
(New York) -- Penn National Gaming, Inc (NASDAQ:PENN) saw unusually large options trading activity on Thursday. Stock investors acquired 3,634 call options on the...

2/14/2018

article Penn National Gaming (PENN) Downgraded by Zacks Investment Research to Hold
(New York) -- Penn National Gaming (NASDAQ:PENN) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research...

2/10/2018

article Parx Casino Wants to Limit Pennsylvania Online Gambling Licensees to One Skin Only
(Pennsylvania) -- Pennsylvania’s Parx Casino is seeking to limit the scale of the state’s impending online gaming market by insisting participating land-...
article Penn National’s numbers up, but Alton’s Argosy Casino receipts dip in 2017
(Pennsylvania) -- Penn National Gaming Inc., this week announced a record fourth-quarter revenue of $769 million from all of its properties, including Argosy Casino...

2/8/2018

article Acquisition, Las Vegas shooting affect Penn Gaming earnings
(Las Vegas) -- Expenses from Penn National Gaming’s planned $2.8 billion acquisition of Las Vegas-based Pinnacle Entertainment dented the company’s fourth-...
press release Penn National Gaming Reports Record Fourth Quarter Revenue of $769.0 Million
(Pennsylvania) -- Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) today announced financial results for the three...

2/7/2018

article Pa. Defends Gambling Expansion, Seeks Toss Of Casino Suit [sub req]
(Pennsylvania) -- The Pennsylvania attorney general asked a federal judge Tuesday to toss Penn National Gaming Inc.'s lawsuit alleging the casino operator would be...
article Gov. Tom Wolf bids to kill Hollywood Casino's attempt to stop state from adding mini casinos
(Pennsylvania) -- Gov. Tom Wolf is urging a federal judge to toss out a bid by the owners of Hollywood Casino to kill part of Pennsylvania's controversial gambling...
article Three Peaks Capital Management LLC Invests $5.17 Million in Penn National Gaming, Inc (NASDAQ:PENN) Stock
(USA) -- Three Peaks Capital Management LLC bought a new stake in shares of Penn National Gaming, Inc (NASDAQ:PENN) during the 4th quarter, according to the company in...

2/5/2018

article Penn National Gaming, Inc (PENN) Expected to Post Earnings of $0.18 Per Share
(New York) -- Wall Street analysts expect Penn National Gaming, Inc (NASDAQ:PENN) to announce $0.18 earnings per share for the current fiscal quarter, according to Zacks.
article Strs Ohio Has $9.68 Million Stake in Gaming and Leisure Properties Inc (GLPI)
(New York) -- Strs Ohio raised its position in shares of Gaming and Leisure Properties Inc (NASDAQ:GLPI) by 3.4% in the 4th quarter, according to its most recent 13F...

1/31/2018

article Hollywood Casino seeking candidates for 150 jobs
(Missouri) -- Hollywood Casino is searching for people to fill 150 full and part-time positions in the next few months. They have 100 positions open for people to work...

1/17/2018

article Just Before Buying A Mini Casino, Penn National Sues Over Mini Casinos
(Pennsylvania) -- Penn National Gaming’s grumblings over mini-casino proximity and partiality to some casinos over others became an official stance Jan. 2 when...

1/14/2018

article ICYMI: To protect its turf, Hollywood Casino bids $50 million to win Pennsylvania's first satellite auction
(Pennsylvania) -- Isolated in the heart of the state, Hollywood Casino at Penn National Race Course in Dauphin County has argued it is uniquely vulnerable to 360 degrees...

1/11/2018

article Penn National Gaming (PENN) Lifted to “Strong-Buy” at Zacks Investment Research
(USA) -- Penn National Gaming (NASDAQ:PENN) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research...

1/9/2018

article California Public Employees Retirement System Purchases 25,980 Shares of Penn National Gaming, Inc (PENN)
(New York) -- California Public Employees Retirement System lifted its position in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 14.0% in the third quarter,...

1/8/2018

press release Penn National Gaming Form SC 13G/A Filed by Eagle Asset Management Inc.
(New York) -- In accordance with Section 13(d)(5) of the Securities Exchange Act of 1934, attached please find a copy of Schedule 13G for the above named company showing...

1/7/2018

article Is Penn National's Acquisition of Pinnacle Too Risky?
(Pennsylvania) -- Penn National Gaming's $2.8 billion acquisition of Pinnacle Entertainment would further cement the casino operator as the largest regional gaming...

1/1/2018

article After 5 years, has Hollywood Casino Columbus helped the West Side?
(Ohio) -- Frustrated with the lack of redevelopment at the Westland Mall site, James Schimmer talked earlier this year with Emmett Kelly, an attorney representing Plaza...

12/27/2017

article Penn National Gaming, Inc (PENN) Position Reduced by Symphony Asset Management LLC
(New York) -- Symphony Asset Management LLC reduced its position in shares of Penn National Gaming, Inc (NASDAQ:PENN) by 13.6% during the first quarter, according to its...

12/25/2017

article Three Way Deal Links Penn, Pinnacle and Boyd
(Pennsylvania) -- In the latest action by casino operators to expand their market share, diversify their businesses, move into new geographic areas and cut costs, Penn...

12/22/2017

article With New Acquisition Penn Is Now A National Gaming Powerhouse
(Pennsylvania) -- The news that Penn National Gaming acquired Pinnacle Gaming in a blockbuster $2.8 billion deal last week has shaken up the US gaming industry. The...
article Schwab Charles Investment Management Inc. Grows Stake in Penn National Gaming, Inc (PENN)
(New York) -- Schwab Charles Investment Management Inc. lifted its position in Penn National Gaming, Inc (NASDAQ:PENN) by 16.9% during the third quarter, according to...

12/21/2017

article Man arrested after brandishing gun at Rossford workplace, hiding on grounds of casino
(Ohio) -- A man was arrested Monday after he allegedly brandished a gun at a Rossford business and then hid in an empty bus on the grounds of the Hollywood Casino. The...

12/19/2017

article St. Louis casino acquisition could sweeten the pot for local gamblers
(Missouri) -- More St. Louis-area gamblers may be jetting off to Las Vegas after a planned $2.8 billion acquisition of Pinnacle Entertainment by Penn National Gaming...

12/18/2017

article Casino operator Penn National to buy Pinnacle in $2.8B deal
(Pennsylvania) -- Casino operator Penn National Gaming Inc. said on Monday it would buy smaller rival Pinnacle Entertainment Inc. in a cash-and-stock deal valued at...
article Expected sale of Pinnacle Ent. to Penn National worth $2.8B
(Pennsylvania) -- The expected sale of Pinnacle Entertainment to Penn National in a deal worth an estimated $2.8 billion was officially announced Monday. As part of the...
article Penn National buying Vegas-based gaming facility operator for $2.8B
(Pennsylvania) -- Wyomissing, Pa.-based owner of nearly 30 gaming facilities will expand its holdings in its home state and beyond with the $2.8 billion purchase of its...
article Penn National buys Pinnacle; then Boyd buys 4 casinos from Penn
(Pennsylvania) -- The parent company of Boomtown Biloxi and Hollywood Casino Gulf Coast on Monday bought Pinnacle Entertainment in a $2.8 billion deal. The companies...
article Penn National Gaming Acquires Rival Regional Casino Operator Pinnacle Entertainment for $2.8 Billion
(Pennsylvania) -- Penn National Gaming has completed its speculated acquisition of regional casino operator and rival Pinnacle Entertainment.
article Penn National Gaming to acquire Pinnacle Entertainment in $2.8bn deal
(Pennsylvania) -- American casino operator Penn National Gaming Inc has announced the agreement of a $2.8bn cash plus stock deal to acquire fellow gaming operator...
article Penn National-Pinnacle Entertainment deal will create gaming giant
(Pennsylvania) -- As little as two months ago, the announcement Monday that Penn National was buying fellow gaming company Pinnacle Entertainment would have been dead in...

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