Tag Archives: Penn National Gaming
US – Penn National Gaming to close Resorts Casino Tunica
Penn National Gaming has confirmed it will close the Resorts Casino in Tunica, Mississippi effective June 30, 2019, due to ‘increased competition’ in the region. Penn National acquired the operations of Resorts Casino Tunica, along with Bally’s Casino Tunica (subsequently renamed “1st Jackpot”), in March 2017. Penn National leases the underlying real property associated with…
US – Rutters selects Penn National as operator at 20 venues
As Pennsylvania’s gaming market continues to expand, convenience store operator Rutter’s has chosen Marquee by Penn, an affiliate of Penn National Gaming, as its Terminal Operator for Video Gaming Terminals. The initial roll-out of VGT’s will include 20 Rutter’s establishments in the Commonwealth. “Rutter’s is a proud Pennsylvania-based company with a storied history in the…
US – Penn National files application for Hollywood Casino Morgantown
Penn National Gaming has filed an application with the Pennsylvania Gaming Control Board (PGCB) for Hollywood Casino Morgantown, the company’s second Category 4 satellite gaming facility, to be located on a vacant 36-acre site in Caernarvon Township, Berks County. The planned facility will be near the intersections of three major roadways: the Pennsylvania Turnpike (I-76),…
US – IGT signs digital platform and content agreement with Penn National
International Game Technology has signed a five-year agreement with Penn Online Entertainment, a subsidiary of Penn National Gaming’s Penn Interactive Ventures for its PlayDigital division to provide a full suite of digital gaming products, including the platform, and services for the newly regulated Pennsylvania online gaming market. IGT’s digital gaming platform, PlayCommand, will enable online…
US – Penn pays $115m for Margaritaville casino
Penn National Gaming is buying Margaritaville Resort Casino in Bossier City, Louisiana, for approximately $115m. Timothy Wilmott, Penn National’s Chief Executive Officer, said: “We are pleased to partner with VICI Properties Inc. to structure this tuck-in acquisition of Bossier City’s newest casino resort, which is consistent with our criteria for transactions that are accretive to…
US – Boom time for Pinnacle following record breaking year
Pinnacle Entertainment, the US operator that has just been bought by Penn National, has reported a record year with its best ever revenue and EBIDTA. Net revenues for the year increased by $183m or 7.7 per cent year over year to a record $2.6bn. Net revenues included a $281.9m contribution from The Meadows versus $83.9m…
US – Penn signs Bally deal for Prairie State Gaming
Penn National Gaming has signed a deal with Bally Gaming, a subsidiary of Scientific Games, allowing its Illinois route operation, Prairie State Gaming, to offer its network of 270 bar and retail gaming establishments across the state the very latest video gaming terminal product in the market, as well as exclusive new premium game content….
US – Penn wins Massachusetts slot licence
The Massachusetts Gaming Commission has granted the state’s only slot hall licence to Penn National Gaming for its proposed development at the Plainridge Racecourse in Plainville. Penn’s Plainville project beat off competition from the Massachusetts Live! project in Leominster. It will include 1,250 slot machines as well as a sports bar, restaurant, and a food…
US – Penn and Carnival to partner at sea
Penn National Gaming, one of North America’s largest casino operators, and Carnival Cruise Lines, a brand of Carnival Corporation, have formed an alliance to offer an array of cruise benefits to players club members at 18 Penn National-operated casinos in the United States. Beginning in mid-April, guests of Penn National’s casinos will be eligible to receive complimentary Caribbean and Mexican…
