Penn National Gaming Incorporated (NASDAQ: PENN) has announced that it will soon become one of the largest regional casino operators in the United States after agreeing a $2.8 billion cash and stock deal to purchase rival Pinnacle Entertainment Incorporated. Wyomissing-based Penn National Gaming Incorporated already operates 34 venues in 16 states and revealed that the agreement to buy Pinnacle Entertainment Incorporated will see this portfolio increase to 41 sites spread across 20 North American jurisdictions and encompass such prestigious properties […]

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After last week receiving a final regulatory approval from the Pennsylvania Gaming Control Board, American casino operator Pinnacle Entertainment Incorporated has completed its $138 million deal to run The Meadows Racetrack And Casino. Owned by Gaming And Leisure Properties Incorporated, which is a casino-focused real estate investment trust spun off from Penn National Gaming Incorporated in 2013, The Meadows Racetrack And Casino opened in 2007 and offers 3,170 slots alongside 74 gaming tables and an eleven-table poker room in addition […]

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The Pennsylvania Gaming Control Board has approved a deal that will see Pinnacle Entertainment Incorporated acquire the casino and racetrack operations at The Meadows Racetrack And Casino from Gaming And Leisure Properties Incorporated for $138 million. Located some 25 miles southwest of downtown Pittsburgh, The Meadows Racetrack And Casino opened in 2007 and offers 3,170 slots alongside 74 gaming tables and an eleven-table poker room in addition to a 5/8-mile harness racing track with a 500-seat grandstand. There are also […]

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