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Stock Market & Financial Investment News

News Breaks
December 14, 2012
12:57 EDTPENNPenn National Gaming submits applications to city, state in MA
Penn National Gaming announced that the company has transmitted non-refundable application fees of $250,000 to the city of Springfield and $400,000 to the Commonwealth of Massachusetts. Penn National has submitted to the city of Springfield and the Springfield Redevelopment Authority a proposal to develop an approximately $807M, comprehensive economic development project which includes a Hollywood-branded destination casino resort.
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September 12, 2014
14:07 EDTPENNNew Jersey reports August Atlantic City gaming win up 2.3% to $305M
New Jersey reports total Gaming Win from Atlantic City casino hotels and Internet gaming operations was $305M in August, compared to $298.1M in the same month of 2013 including discontinued operators Atlantic Club and Showboat, reflecting a 2.3% increase. Total Gaming Win from the current operators of casino hotels open for the entire month of August and Internet gaming operations was $289.9M in August. Internet gaming win was $10.5M in August, consisting of $2.2M in peer-to-peer win and $8.3M in other authorized games. As of August 31, 431,617 Internet gaming accounts have been created, up 6.5% from the 405,390 accounts as of July 31. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).

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