Strong second quarter revenues for Penn National Gaming Inc. helped the racetrack and casino owner to increased net income compared with the same quarter last year.
- By Frank Angst
- Thoroughbred Racing, Northeast Region, Midwest Region, Southwest Region, Mid-Atlantic Region
Penn National Gaming reported 2014 fourth quarter losses of $250.4 million Jan. 29, when the casino and racetrack owner also reported a decline of $233.2 million for the year.
Penn National Gaming announced Sept. 19 that its board of directors has appointed the company's chief executive officer, Timothy Wilmott, to the board effective immediately.
Penn National Gaming Inc., which has a host of projects in the works, is taking a cautious approach to 2013 in the wake of a "soft" fourth quarter in 2012, company officials said Jan. 31 during an earnings teleconference.
Two of Ohio's oldest racetracks could be relocating to other Buckeye State cities if owner Penn National Gaming Inc. has its way, but the moves won't come without opposition.
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.
Most Popular Stories
- Unique Bella Sidelined Due to Shin Issue
- Classic Empire to Arkansas Derby After Impressive Work
- Arrogate Last to First in Dubai World Cup
- Steve Haskin's Derby Dozen - March 28, 2017
- Tepin Refuses to Work March 27 at Palm Meadows
- McCraken, Gunnevera Top Kentucky Derby Future Wager
- Tapit Colt Tops Barretts Hips to Watch
- Arrogate and How We Define Greatness
- Tumblebrutus Gets 25th Black-Type Winner
- Skychai Racing Purchases Interest in Fast and Accurate