Penn National Gaming
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Penn National Gaming, Inc. NASDAQ: PENN is a diversified owner and operator of casino properties, as well as horse racetracks and associated off-track betting facilities primarily in the United States. As of 2007, it operated 19 facilities in 11 jurisdictions, including West Virginia, Illinois, Indiana, Louisiana, Mississippi, Pennsylvania, New Jersey, Ohio, Colorado, Maine, and Ontario.
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[edit] History
The company was incorporated as PNRC Corp. in 1982 and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming is headquartered in Wyomissing, Pennsylvania.
[edit] Mergers
In 2005, Penn National merged with Argosy Gaming Company to become one of the largest publicly held gaming companies in the country.
In November 2006, reports surfaced that Penn National Gaming was considering a takeover of Harrah's Entertainment. [1] The effort went nowhere, and Harrah's was eventually taken over by two private equity firms.
[edit] Operations
[edit] Casinos owned
- Argosy Alton, Alton, Illinois (near St. Louis, Missouri)
- Argosy Lawrenceburg, Lawrenceburg, Indiana (near Cincinnati, Ohio)
- Argosy Kansas City, Riverside, Missouri
- Argosy Sioux City, Sioux City, Iowa
- Boomtown Casino, Biloxi, Mississippi
- Bullwhackers Casino, Black Hawk, Colorado
- Charles Town Races and Slots, Charles Town, West Virginia
- Empress Casino, Joliet, Illinois (near Chicago)
- Hollywood Casino
- Aurora, Illinois
- Baton Rouge, Louisiana
- Bay St. Louis, Mississippi
- Tunica, Mississippi
- Hollywood Slots at Bangor, Bangor, Maine
[edit] Casinos operated
[edit] Race tracks
- Charles Town Races and Slots
- Penn National Race Course, Wyomissing, Pennsylvania
- Bangor Raceway, Bangor, Maine
- Freehold Raceway, Freehold, New Jersey
- Raceway Park, Toledo, Ohio
[edit] External links
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