Keyword: PNGI

  • Thistledown

    Panel OKs Sale of Beulah Park, Thistledown

    The Buckeye State welcomed two new racetrack operators June 23 as the Ohio State Racing Commission approved the sale of both Beulah Park and Thistledown, which are to be purchased by casino companies.

  • OH Court: Nothing Wrong With Gaming Probe

    The Ohio Supreme Court unanimously ruled April 30 it's not illegal for Secretary of State Jennifer Brunner to try to determine the parties behind an organization that challenged a 2009 directive on racetrack gaming.

  • Penn Gaming: No Plans to 'Flip' Beulah Park

    The Ohio State Racing Commission met with four representatives from Penn National Gaming Inc. April 20 to question them on the proposed purchase of Beulah Park in Grove City, Ohio.

  • WV Panel Pursues Appeal on Exclusion Cases

    The West Virginia Racing Commission voted unanimously Dec. 7 to pursue an appeal of a ruling by a circuit court that said it can't conduct hearings into exclusion cases at Charles Town Races & Slots.

  • All Five Aqueduct Bidders Meet Deadline

    All five remaining bidders for the Aqueduct gaming project said they have met a Nov. 6 deadline to guarantee a quick $200-million payment to the state of New York if they are chosen to develop the video lottery terminal casino at the Queens racetrack.

  • Penn Gaming Advocates Ohio Casino Plan

    Penn National Gaming Inc. officials Oct. 21 advocated their proposal for casino gambling in Ohio's four largest cities -- an issue that will be decided via referendum Nov. 3.

  • WV Court: Panel Can't Hear Exclusion Cases

    A West Virginia court has ruled the state racing commission is prohibited from conducting hearings on racetrack exclusions because it "lacks the authority to unilaterally reinstate an ejected permit-holder over the objection of a racing association."

  • PNGI Still in Hunt for Aqueduct VLT Contract?

    Penn National Gaming Inc., believed to be facing an uphill battle in the bidding wars to develop a video lottery terminal casino at Aqueduct, has offered the cash-starved New York state government $250 million in a non-contingency, upfront payment for the exclusive contract and believes it's still in the hunt for the project.

  • Casinos Versus Racetrack Slots in Ohio

    In anticipation of a push by a consortium for casino gambling in Ohio's four largest cities, the Ohio State Racing Commission is formulating its own legislative proposal for video lottery terminals at the state's seven racetracks.

  • 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.

  • PNGI Seeks Dismissal of Shareholder Suit

    Penn National Gaming Inc. has asked a Maryland federal court to dismiss a lawsuit brought against the company for alleged securities violations inherent to its failed buyout deal earlier this year, claiming the legal action is an attempt by the plaintiffs to recover bad investment decisions.

  • Charles Town Races & Slots

    Charles Town Newest Member of TRA

    Charles Town Races & Slots is the newest member of the Thoroughbred Racing Associations, the racetrack trade group announced Oct. 7.

  • Penn Takes Stand on Equine Health

    Penn National Gaming Inc., second only to Magna Entertainment Corp. in terms of number of racetrack holdings in North America, said July 15 it has developed equine health and safety initiatives it hopes implement at all of its properties in six jurisdictions.

  • PNGI Purchases Option on Maryland Land

    Penn National Gaming Inc. said July 7 it has secured an exclusive 18-month option to purchase about 36 acres in Cecil County, Md., for the purpose of constructing a slot-machine casino.

  • PNGI Terminates Merger Agreement

    Penn National Gaming Inc. has entered into an agreement with PNG Acquisition Co., an entity indirectly owned by certain funds managed by affiliates of Fortress Investment Group LLC and Centerbridge Partners, L.P., to terminate the proposed merger agreement whereby PNGI was to be acquired by PNG Acquisition Co. for $67 per share.

  • Barred Horseman Seeks State Office

    A horseman barred from the grounds of Charles Town Races & Slots is running for state office in West Virginia, and his opponent is a former Miss West Virginia who works for the company that excluded him.

  • Dick and Janene Watson are fighting ejection from Charles Town Races & Slots

    Has Barred Couple Hit a Dead End?

    Dick and Janene Watson were at the forefront of the rebirth of Charles Town Races when video lottery terminals began operating in the mid-1990s. But they haven't been able to race their horses for the track's gaming fueled-purses for more than two years, and perhaps might never get the chance again.

  • PNGI Won't Purchase Maryland Track

    Penn National Gaming Inc. said Nov. 28 it will not purchase Rosecroft Raceway, a Maryland harness track, in light of the fact the facility will not be eligible for slot machines under legislation passed by the Maryland General Assembly.

  • Surface Woes Lead to Penn National Cancellations

    Following the refusal of jockeys to ride the remainder of the live card after two races had been completed Jan. 7, Penn National Race Course in Grantville, Pa., announced Jan. 9 it would cancel live racing and training for this week while attempts are made to fix "inconsistent" portions of the racing surface.

  • More Than $75,000 Raised for Paralyzed Jockey

    "Shannon Campbell Day" at Charles Town Races & Slots raised more than $75,000 to aid the jockey who was paralyzed in a racing accident at the West Virginia track.

  • Legislator Advocates Changes at Charles Town

    A West Virginia legislator whose district includes Charles Town Races & Slots is advocating a plan to enlarge the racing surface and, if necessary, renovate dilapidated Shenandoah Downs and race there during the down time--or perhaps permanently.

  • Charles Town HBPA Has New Contract

    The Charles Town Horsemen's Benevolent and Protective Association announced Jan. 7 it has signed a new contract with Penn National Gaming Inc., owner of Charles Town Races & Slots, which increases the number of live racing dates per year.

  • Tribe Has Deal to Buy Track From Penn National

    The Downs at Pocono, a Standardbred facility that held Thoroughbred meets in the 1970s, could become the first Pennsylvania racetrack owned by an Indian tribe should regulators approve a $280-million deal between Penn National Gaming Inc. and the Mohegan Tribal Gaming Authority.

  • Conflict Over Charles Town Project Resurfaces

    Just weeks before work is to begin on banking the turns of the racing surface at Charles Town Races & Slots, a new organization called "The Thoroughbred Club" claims a survey reveals support for expansion of the six-furlong track to seven furlongs.

  • Penn National Looks to Buy Maine, New York Harness Tracks

    Penn National Gaming Inc. has entered into an agreement with Capital Seven to purchase all of the shares of Bangor Historic Track, a company that operates harness racing in Bangor, Maine. In conjunction with the purchase agreement, PNGI also secured an option to purchase the interests in Vernon Downs, a New York Standardbred track controlled by an affiliate of Capital Seven.

  • Horsemen to Consider Charles Town Expansion

    A long-awaited proposal for the expansion of the racing surface at Charles Town Races & Slots in West Virginia will be circulated to horsemen, some of which have expressed concerns over the plan.