Keyword: Penn National Gaming

  • PNGI Reports Increased Earnings for Quarter

    Penn National Gaming reported increases in revenue, income from operations, and adjusted earnings for its second quarter but the racetrack, casino, and hotel owner noted those increases finished below guidance.

  • Phantom Dollars Flood Track's Double Pool

    A computer glitch linked to United Tote resulted in more than $100,000 in bogus wagers pouring into a daily double pool in late April at Plainridge Park, a Massachusetts Standardbred track.

  • Ohio Racinos Boost Penn National Gaming

    Penn National Gaming Inc. reported strong financial numbers for the first three months of 2015 that it attributed to improving regional gaming trends and contributions from new racino properties in Ohio.

  • PA Lawmakers Want PNGI Investigated

    Six Pennsylvania lawmakers have sent a letter to the state Attorney General's office requesting a criminal investigation of racetrack owner Penn National Gaming Inc.

  • New York Panel Announces Winning Casino Bids

    New York state, in its greatest expansion of gambling, has selected three winning bidders to operate full commercial casinos in separate areas of the state but rejected proposals by Genting Americas and Churchill Downs, Inc.

  • Guild Calls Out Tracks On Insurance Payments

    Calling them the "worst deadbeats," the Jockeys' Guild has put out a list of 10 track operators it says are most insensitive to jockey health and safety issues. A track representative disputes the accusation.

  • Penn Gaming Tracks Stagger Night Post Times

    Three Thoroughbred tracks comprising much of the nighttime simulcast market over the next few months have announced a coordinated plan to reschedule their post times beginning with live racing on Dec. 26.

  • Penn National Gaming Reports July Handle Gain

    Wagering at Penn National Gaming's Mid-Atlantic Thoroughbred tracks continued to show signs of growth in July, with both Penn National and Charles Town reporting an increase in a

  • PNGI Racetracks Report Strong March Handle

    Hollywood Casino at Charles Town Races April 2 reported a record monthly all-sources pari-mutuel handle of $29,426,572 in March, while sister track Hollywood Casino at Penn National Race Course also reported wagering gains.

  • McErlean Elected TRA President

    Christopher McErlean, vice president of racing for Penn National Gaming, was elected the 35th president of the Thoroughbred Racing Associations at its annual board of directors' meeting Feb. 22.

  • Slot Machine

    Lobbyist Given Info on Other Aqueduct Bidders

    A politically-wired lobbyist for a bidding group that initially won the development rights to the Aqueduct casino project was provided details about competitors' bids by the top Democrat in the New York state Senate.

  • New York Gov. David Paterson

    NY Gov. Meets on Aqueduct Casino Project

    Gov. David Paterson and New York legislative leaders met behind closed doors Oct. 29 in Manhattan to try to resolve the selection of an operator for the long-stalled Aqueduct video lottery terminal casino project.

  • Penn National Criticizes Vegas Chatter

    On a day where Penn National Gaming reported a $40.66 million profit for the first quarter of 2009, executives criticized recent reports the company was pursuing multiple casino properties in Las Vegas.

  • PNGI 'Not Enthused' About Maryland Slots

    After absorbing a $378.6-million loss in 2008's fourth quarter alone, Penn National Gaming Inc. posted an annual loss of $153.3 million for the year, and said while it isn't "enthused" about developing a potential new slots facility in Maryland, it will pursue those plans.

  • MEC Shares Plunge in Sept. 30 Trading

    Shares of Magna Entertainment Corp. plummeted by more than 50% on heavier than average volume Sept. 30, prompting more concern for the owner of the site of next month's Breeder' Cup World Championships.

  • Lawsuit Filed Over Penn National Deal

    A Maryland attorney who is a shareholder of Penn National Gaming Inc. has filed a styled class-action lawsuit against the publicly-traded gaming company and certain of its executives over the failed buyout attempt by two investment entities.

  • Penn National Profit Declines

    Penn National Gaming Inc. said Feb. 7 fourth-quarter profit fell 63%, and the company blamed the losses in part on inclement weather at some of its largest properties.

  • Changed Model

    <em>By James Platz</em> - While not a surprise, Churchill Downs' decision to sell Hoosier Park reflects on the health of the Indiana racing industry.

  • McErlean Leaves NJSEA for Penn National Slot

    Christopher M. McErlean is resigning as vice president of racing operations with New Jersey Sports & Exposition Authority to join Penn National Gaming Inc., as vice president of racing next month.

  • Penn National Gaming Reports First Quarter Gains

    Penn National Gaming officials reported substantial gains for the first quarter ending March 31, 2006. The Pennsylvania-based racetrack and casiono company showed a 128% rise in post-EBITDA earnings, reporting$164.8 million for the period.

  • Penn National Sets Up Hotline for Gulf Coast Casino Employees

    In the aftermath of Hurricane Katrina, which struck the Mississippi Gulf Coast on Monday, Aug. 29, Penn National Gaming, Inc. announced today Thursday it has established a toll-free employee assistance 'Hotline' (1-800-598-0756) for its displaced employees at the company's Casino Magic-Bay St. Louis and the Boomtown Biloxi Casino.

  • Live Racing Canceled Again at Charles Town

    Charles Town Races and Slots in West Virginia has announced the cancellation of its live racing program scheduled for Thursday, Sept. 30, after stopping its Sept. 29 card short after just four recorded races.

  • Live Racing at Charles Town Returns

    Live racing at Charles Town Races and Slots in West Virginia returned Saturday, Sept. 25 after a 12-day hiatus in which the track was forced to cancel eight days their live racing program. The facility was open for simulcasting during the respite.