Future of Grantville Track Clearer

PENNSYLVANIA – As reported by the Patriot News: "The uncertain future of the slot-machine casino that Penn National Gaming Inc. will build at its Grantville racetrack became a little less uncertain this week.

"A deadlock over slot-machine suppliers was finally broken by the Pennsylvania Gaming Control Board. The board decided to license slot machines statewide, instead of regionally as one board member had insisted in a stalemate that threatened to result in a yearlong delay in issuing casino licenses.

"The board's decision on Wednesday lifted Penn National stock by $3 a share at one point. But there is a long way to go before slot-machine play can begin in Grantville…"