Penn National Gaming

Penn National Gaming, Inc. Q2 2008 Earnings Call Transcript

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Penn National Gaming Reports Second Quarter Diluted EPS of $0.42 and EBITDA of $164.2 Million

Business Wire (Free subscription) | 07/24/2008

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq:PENN) today reported second quarter operating results for the period ended June 30, 2008, as summarized below.

Penn National's second-quarter earnings fell 3.4%

Market Watch (Free subscription) | 07/24/2008

NEW YORK (MarketWatch) -- Penn National Gaming said Thursday its second-quarter earnings fell 3.4% to $37 million, or 42 cents a share, from $38.3 million, or 43 cents a share, in the year-ago period. The company's chairman and chief executive officer, Peter Carlino, said Penn National has assembled potential growth opportunities and options in Atlantic City, N.J., Kansas, Maryland and other regions,...

Penn National Gaming to Report Second Quarter Results and Host Conference Call and Webcast on July 24th

Business Wire (Free subscription) | 07/16/2008

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN) announced today that it will release its 2008 second quarter financial results at 7:00 a.m. ET on Thursday, July

Penn National Gaming Implements Equine Health and Safety Initiatives

Business Wire (Free subscription) | 07/15/2008

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc., the second largest owner of pari-mutuel racing facilities in North America, today announced the implementation of several

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Fl color promo a img fl color promo (Free subscription) | 07/13/2008

Blogroll Networks Online press release, nbsp. Obama Fuels Pullout Debate With Remarks. Penn National Gaming Cancels Its Sale to Private Equity Firms. Obama Responds to FISA Protest on His Web Site. Health Buzz Waiting Room Death and Other Health News. T Bass Combo Amplifier offers the same power with a. Private [...]

Penn National Gaming Secures Option to Acquire Potential Gaming Site in Perryville Maryland

Online Slots blog (Free subscription) | 07/10/2008

Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it has secured an exclusive 18 month option to purchase approximately 36 acres of land located in Perryville, Cecil County, Maryland from Principio Iron Company L.P. The optioned parcel is part of an approximately 150 acre site that is the subject of a master planned development by Stewart Associates, a real estate development company....

Penn National Gaming to Participate in the Oppenheimer 8th Annual Consumer Growth Conference on Thursday July 10

Business Wire (Free subscription) | 07/09/2008

WYOMISSING, Penn.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN) announced today that its Chief Financial Officer, William J. Clifford, will meet with institutional investors at

• Penn National Gaming to Participate in the Oppenheimer 8th Annual Consumer Growth Conference on Thursday July 10 - The Earth Times Online Newspaper

Penn National Eyeing Md. Slots Site

Maryland Moment (Free subscription) | 07/08/2008

Penn National Gaming, a major casino operator, has secured an option to purchase a 36-acre tract of land in Cecil County that could serve as a slots venue if Maryland voters approve a November referendum legalizing up to 15,000 gambling machines. An official with the Pennsylania-based company told The Washington Post last week that Penn National is interested in bidding for one of the five licenses...

• Penn National Gaming Secures Option to Acquire Potential Gaming Site in Perryville Maryland - Business Wire

Quadrangle’s Rattner on the Private Equity Drought

DealBook (Free subscription) | 07/07/2008

With finality now descending upon the Bell Canada and Penn National Gaming deals, nearly all of the remaining traces of the private equity boom that ended last summer have been swept away. But where does the leveraged buyout market go from here? That’s a question that CNBC’s “Squawk Box’ posed to Steven Rattner, the head of [...]

BeaconEquity.com Issues TraderNotes on GOOG, FITB, PENN, RDN, RAD, TRID, ATML, AATI

SBWire Press Releases (Free subscription) | 07/07/2008

Today's TraderNotes include: Google Inc. (Nasdaq: GOOG), Fifth Third Bancorp. (Nasdaq: FITB), Penn National Gaming Inc. (Nasdaq: PENN), Radian Group Inc. (NYSE: RDN), Rite Aid Corp. (NYSE: RAD), Trident Microsystems Inc. (Nasdaq: TRID), Atmel Corp. (Nasdaq: ATML) and Advanced Analogic Technologies Inc. (Nasdaq: AATI).

First day a record-breaker for new Maine casino

Boston Globe (Free subscription) | 07/04/2008

Penn National Gaming had a record-breaking day for the grand opening of its new Hollywood Slots casino in Bangor.

BETS ARE OFF ON CASINO BUYOUT

New York Post (Free subscription) | 07/04/2008

The final days are closing in on Wall Street's once golden buyout era with the scrapping of another big deal - the $6.1 billion buyout of casino and racing giant Penn National Gaming. It marked the collapse of a staggering 291 mergers since the...

Penn National sale derailed by credit crunch

Philadelphia Inquirer (Free subscription) | 07/04/2008

The $6.1 billion purchase of casino and racetrack operator Penn National Gaming Inc. by two private-equity firms is off, the latest in $65 billion worth of such buyouts to founder on credit-market turmoil since September.

Penn National Gaming cancels its sale to private equity firms

International Herald Tribune (Free subscription) | 07/04/2008

Another big corporate buyout fell apart as Penn National Gaming announced that it had terminated its $6.1 billion sale to two private equity firms.