Penn Entertainment, Inc. News

Inside Gaming: MGM's REIT won't send the industry into a frenzy
8 Nov 2015

Unlike the real estate investment trusts started over the last few years by Penn National, Pinnacle and Caesars, MGM's move into an REIT is a "different animal," according to one industry analyst.

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Penn National obtains lenders' waivers and discloses approximate debt balance
1 Nov 2015

The waivers come in connection with the company's change in the classification of its "Master Lease" with Gaming and Leisure Properties.

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Penn National Gaming releases Q3 2015 results
23 Oct 2015

Replays of the conference call on Oct. 22 will be available on the company's website for 30 days.

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Penn National Gaming to restate financials back to Nov. 2013
23 Oct 2015

The move follows a reclassification of rent payments to GLPI, the company's real estate trust, as recommended by auditors.

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Fitch analyst skeptical about regional casino markets
19 Oct 2015

Fitch Ratings Service analyst Alex Bumazhny believes the recent growth in regional casino markets masks "secular shifts" that could hold the markets back from real growth.

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Penn National planning better dining options for Tropicana
19 Oct 2015

While the historic resort's hotel rooms and suites are in "excellent shape," Penn National Gaming CEO Tim Wilmott says the casino's four restaurants are not meeting expectations.

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Penn National, D Las Vegas, join Nevada Resort Association
16 Oct 2015

Penn National owns the Tropicana and M Resort.

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Penn National Gaming announces schedule for Hollywood Poker Open
5 Oct 2015

The tournament will consist of five regional tournaments to be played between November and May and a tournament championship at the M Resort in June 2016.

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DraftKings CEO compares DFS to chess, stock picking
30 Sep 2015

The debate over whether daily fantasy sports is gambling was a hot topic at G2E, with Jason Robins of DraftKings and Geoff Freeman of the AGA weighing in.

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Las Vegas Sands abandons plans for South Florida casino
29 Sep 2015

The Las Vegas-based company has now started looking into the possibility of building a casino in Georgia, where lawmakers are in discussions about expanding commercial gambling.

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Daily fantasy sports debates dominate Day 2 of Global Gaming Expo (G2E) in Las Vegas
29 Sep 2015

Daily fantasy sports took center stage on Day 2 of the Global Gaming Expo (G2E) in Las Vegas with operators going head-to-head in discussions about regulation and legality.

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Analyst: Potential MGM REIT not a good idea
16 Sep 2015

Susquehanna Financial Group's Rachael Rothman told investors there are better ways for MGM to grow profits.

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Penn National obtains regulatory approval for Tropicana purchase
21 Aug 2015

The Nevada Gaming Commission granted approval to complete the $360 million acquisition, and the purchase is expected to be completed on Aug. 25.

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FASTSIGNS provides graphics for Hollywood Gaming at Mahoning Valley Race Course
13 Aug 2015

The graphics at the Penn National Gaming facility are designed to communicate effectively with visitors and employees while extending PNG's brand identity throughout the venue.

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Penn National Gaming gains preliminary approval to buy Tropicana
6 Aug 2015

The Rat Pack-era casino would be Penn National's first property on the Strip. The company plans to upgrade, but not rebrand, the historic casino.

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