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Stock Market & Financial Investment News

News Breaks
January 9, 2014
09:08 EDTPENNPenn National names Snowden to COO, Fair to Chief Development Officer
Penn National announced that Jay Snowden, who has served as senior vice president, regional operations since October 2011, has been named senior vice president, COO, effective immediately. The role of COO was previously held by Timothy Wilmott, who was named CEO in November 2013 concurrent with the spin-off of Gaming and Leisure Properties from the company. Penn also announced that effective January 6, William Fair was appointed senior vice president, Chief Development Officer, a position previously held by Steven Snyder who assumed the role of senior vice president, corporate development at GLPI at the time of the spin-off.
News For PENN From The Last 14 Days
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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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