Penn National Gaming News

The Cabotville Industrial Park is not a viable location for a slots parlor, state Rep. Joseph Wagner maintained Monday.

The NASDAQ OMX Group, Inc. , parent of the world's first electronic stock market and a leading index provider, today announced the results of the quarterly re-ranking of the NASDAQ Q-50 Index , which will become effective prior to market open on Monday, June 24, 2013.

Rush Street Gaming's decision to abandon its slots proposal for Worcester did not entirely quash the possibility that someone might step forward, but this week's suggestion that Penn National Gaming might be interested is the longest of long shots.

The New Jersey Racing Commission will hold a public hearing Wednesday night to consider an application for off-track wagering in Gloucester Township.

It's been a little more than a week since negotiations on a host community agreement for a slots parlor here were terminated, but that apparently has not put an end to talk about gaming in this city.

A lawsuit filed in Polk County Court states that Penn National wants a judge to designate a 3rd party to hold or distribute the non-profit funds usually given to Missouri River Historical Development or MRHD.

The owner of the Argosy Casino wants a third party to be appointed to hold and distribute the revenues it earmarks for the local charities and organizations.

StockCall.com Provides Stock Research on Visa Inc., Expedia Inc., Panera Bread Co., Sears Holdings Corp., and Penn National Gaming Inc. A report released the Institute for Supply Management last week showed that the U.S. services sector expanded in the month of May. The ISM's non-manufacturing index rose to 53.7 in the month of May, up from 53.1 ... (more)

Dan Gilbert is positioned to be a player in the emerging Internet gambling market, but a state constitutional amendment that he championed might make it hard for him to capitalize on the trend in Ohio.

CHICOPEE - Even though Penn National Gaming officials have announced they are no longer considering developing a casino in Western Massachusetts, the possibility of a gaming resort opening in the former Cabotville Mills is not dead.

The Jamul Indians and a developer plan to build a casino on a four and a half acre plot of land in Jamul.

Shares of Penn National Gaming fell 1.5 percent in after-hours trading Thursday, in what appears to be a response to Iron Mountain's issues with the Internal Revenue Service.

UPDATE: The IRGC has denied Penn's Request to reconsider its decision regarding Woodbury County's land-based casino license, which was awarded to Sioux City Entertainment and the Hard Rock Casino and Hotel Project, back on April 18th.

In a joint venture with Philadelphia-based Endeka Entertainment, Penn National Gaming will own a piece of the pie at the proposed Lawrence Downs Casino and Racing Resort, Mahoning Township.

The Argosy Casino's owner is hoping the Iowa Racing and Gaming Commission will reconsider its decision to grant Woodbury County's gaming license to Sioux City Entertainment's Hard Rock Casino-Hotel.

CHICOPEE - Officials for Penn National Gaming said they are no longer considering moving to another site in the area after losing a bid to locate a casino in the North End of Springfield.

Penn National Gaming, Inc. in a joint venture with Endeka Entertainment LP, has submitted plans for a new $225 million proposed Lawrence Downs Casino and Racing Resort in Mahoning Township, Pennsylvania.

LeTip of Greater Reading, a networking organization for small-business owners, elected its 2013-14 officers: Pamela S. Gockley, CEO of Vigilant Corp., president; Pat Fisher, MGS Insurance, vice president; Patrick R. Velekei, The Giles Financial Group, secretary; Alan Ross, owner of Alan Ross and Co., treasurer.

Peter Pan Bus Lines president Peter A. Picknelly is seen at a casino presentation in downtown Springfield last year.

We believe the FTC's complaint will have little impact on the execution of the merger and the potential disposition of assets that Pinnacle and/or Ameristar may look to execute would not be detrimental to the combined entity's credit profile.