Penn National Gaming Inc

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Revenue Down, Income Up for PNGI

Despite a 14.3% decrease in net revenue, Penn National Gaming Inc. July 24 reported net income of $2.8 million for the second quarter of this year versus a $12.2 million loss for the same three months of 2013.

PNGI: Status Quo on Ohio Tracks for Now

Penn National Gaming Inc., which owns two racetracks in Ohio, said it will run full live racing schedules at both tracks for the rest of this year and possibly next year depending on resolution of a legal challenge.

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