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Penn National Opposes Card Tables in W. Va.

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The owner of the Charles Town Races & Slots doesn't like the idea of adding table games to West Virginia's four racetracks, and Gov. Bob Wise isn't ready to embrace the idea either.

Penn National Announces Record Fourth Quarter and Stock Offering

Penn National reported a record fourth quarter Monday with revenue climbing 48.1% and net income jumping 105.2%. The Pennsylvania racetrack and casino company also announced it will be offering 2.5 million in additional shares of common stock, which should generate about $74 million. Another 1 million shares will be offered at the same time by the Carlino Family Trust.

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