Penn National Gaming News

A gaming analyst believes it makes sense for financially flush Penn National Gaming to acquire rival regional casino operator Pinnacle Entertainment, a company in transition and being run by members of its board of directors following its chief executive's resignation a month ago.

If a referendum to allow table games at the Charles Town Races & Slots passes, it will still be at least six months before gamblers can play blackjack.

Columbus restaurateur Elizabeth Lessner has resigned from the Downtown Commission five months after being appointed.

Gaming stocks were sluggish in November as investors tried to judge the repercussions of third-quarter results and anticipate the effect the opening of CityCenter will have on the Strip.

A bidding war has emerged over who will take ownership over the bankrupt Fountainbleau Las Vegas casino.

Moody's Investors Service may downgrade ratings on Argosy Gaming and its potential suitor, Penn National Gaming Inc., following the companies' merger announcement Wednesday.

Brandie Herbst and H. Loy Anderson III mixed cocktails at Reef Road Rum Bar to kick off the March of Dimes 'Glitz' dinner dance.

The Kansas Lottery will take steps next week to bring two casinos online in the state.

Tragic mystery: How did John Lewis become a killer? Nepal begins a ritual in blood Claims against VA up to $58 million Coroner: Boxer's death accidental Obama asks Penn president to lead bioethics panel Body of missing N.J. fisherman found in N.C. Your life, by personal historians Comcast's holiday show is a breakout in 3-D School mourns crash ...

Fresh off buying a bankrupt New Jersey casino and taking time off from telling other companies how to run their businesses, Carl Icahn is taking aim at gambling in Las Vegas.

Icahn tops Penn bid for property By HOWARD STUTZ and ARNOLD M. KNIGHTLY LAS VEGAS REVIEW-JOURNAL PROJECT FACES FORECLOSURE LIEN A foreclosure lien representing more than $44 million and a dozen clients was filed Monday in district court against the bankrupt, unfinished Fontainebleau Las Vegas, and the equally bankrupt Lehman Bros.

Though close to finished, the Fontainebleau may cost another $1.5 billion to complete, on top of $1 billion already owed to lenders.

Tom and Mary Katzenmeyer looked forward to moving from suburbia to the carefully planned urban neighborhood of the Arena District.

Top state officials in New York are still discussing options for an operator of the long-delayed Aqueduct racetrack casino, but negotiators appear split on whether a final announcement needs to be a part of talks now underway to resolve the state's deficit.

Uncertain economy . Unfinished buildings. Unrealized expansion plans. Unyielding balance sheets .

In a filing with the Securities and Exchange Commission on Tuesday, Penn National Gaming Inc.

Penn National Gaming Offers $102 million to Buy the Fontainebleau Las Vegas, the Unfinished and Bankrupt Casino Hotel that Spent about $2 billion on Construction November 18, 2009 --Penn National Gaming will offer up to $102 million to buy the Fontainebleau Las Vegas, an unfinished and bankrupt casino hotel that spent about $2 billion on ...

Though close to finished, the Fontainebleau may cost another $1.5 billion to complete, on top of $1 billion already owed to lenders.

More than 300 people have already voted on whether to let the Charles Town Races & Slots put table games alongside its slot machines.

Crain's New York Business reported on Monday that the Big A sweepstakes is now a 2-horse race between Penn National and SL Green ; that according to a "source close to the process." Not sure how any such conclusions can be drawn at this particular time considering that the bidders were invited encouraged to submit revised financial proposals, with ...