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Penn National Gaming

A collection of news and information related to Penn National Gaming published by this site and its partners.

Top Penn National Gaming Articles

Displaying items 45-55
  • Casino license competitors have strengths, weaknesses

    Casino license competitors have strengths, weaknesses
    Although Maryland has handed out five casino operating licenses, the state is entering uncharted territory with the allocation of its sixth. For the first time, there's real competition. Three serious operators submitted bids to run a casino in Prince...
  • Penn National raises stakes in fight for P.G. Co. casino license

    Penn National raises stakes in fight for P.G. Co. casino license
    Raising the stakes among the three companies vying to build a casino in Prince George's County, Penn National Gaming promised Monday to plow nearly $320 million into the county's health and educational systems if it secures the license. Penn National...
  • Greenwood antes up for P.G. County casino

    Greenwood antes up for P.G. County casino
    Greenwood Racing Inc. showed its hand Wednesday in its bid to build a casino in Prince George's County. The owner of Pennsylvania's largest casino said it would plow $100 million into local road improvements and generate $30 million a year in tax revenue...
  • MGM proposes $925 million casino for P.G. County

    MGM proposes $925 million casino for P.G. County
    Playing the last hand of the week in a round of bidding for the rights to build a casino in Prince George's County, MGM Resorts said Friday that the merits of its $925 million resort next to the Capital Beltway trump the others. Its ace in the hole is...
  • Harvey Casino License Denied

    Harvey Casino License Denied
    The state Gaming Control Board has denied a riverboat casino license to the city of Harvey. Instead, Penn National Gaming will build the Hollywood Casino in Lake Charles. The project is expected to cost $300 million, and create hundreds of construction,...
  • Penn National supports curtailing racing operations

    Penn National supports curtailing racing operations
    The future of Laurel Park was further clouded Tuesday, after the racetrack's minority owner said it still supports plans to eliminate live horse racing there. Penn National Gaming, which owns 49 percent of the Maryland Jockey Club, the umbrella group for...
  • Frank Stronach becomes CEO of Jockey Club parent

    Frank Stronach becomes CEO of Jockey Club parent
    Frank Stronach, the founder and chairman of the Maryland Jockey Club's majority owner MI Developments, has also taken on the role of chief executive officer. The management change, announced late Thursday, comes amid uncertainty at the Jockey Club, which...
  • Md. Racing Commission rejects Jockey Club plan

    Md. Racing Commission rejects Jockey Club plan
    Maryland's two major thoroughbred tracks may not host live racing next year — potentially jeopardizing the Preakness Stakes — after the state's racing commission on Monday rejected a plan to drastically curtail the racing schedule at Laurel...
  • Efforts under way to try to salvage live horse racing in Md.

    Efforts under way to try to salvage live horse racing in Md.
    State officials and the horse-racing industry vowed on Tuesday to try to salvage live thoroughbred racing in Maryland next year, though it remains unclear if the various stakeholders can come together to forge a viable plan. With just five weeks before...
  • Stronach again fails Maryland horse racing

    Stronach again fails Maryland horse racing
    The best spin you can give Frank Stronach is that he has good intentions but makes bad deals with inappropriate partners — people who seem more interested in slot-machine riches than in the thoroughbred racing he loves. To get Joseph De Francis and...
  • Maryland's racing future uncertain

    Maryland's racing future uncertain
    Maryland's thoroughbred owners, trainers and breeders have long worried that their industry is on the brink of collapse, issuing dire warnings about the potential loss of the Preakness Stakes, the state's biggest annual entertainment and sporting event....