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NEWS
September 19, 2010
Penn National Gaming is in the entertainment industry, so perhaps the company is going for laughs of late. Its latest claim — that a state commission's concerns over Penn National's efforts to quash slots machines at Arundel Mills Mall is a violation of their First Amendment rights — can't be serious. Company officials must believe they can play Maryland taxpayers for chumps. On the one hand, Penn National holds a profitable license to operate a 1,500-machine slots parlor in Cecil County.
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NEWS
By Frederick N. Rasmussen and The Baltimore Sun | September 24, 2014
Elizabeth M. Solter, an accomplished equestrian and teacher who had been a member of the U.S. Equestrian Team and went on to a successful career as a rider, died Sept. 12 of breast cancer at Amberly Farms, her farm in Berlin, Worcester County. She was 47. "I saw Elizabeth come up through the ranks and hit the heights, and it was a joy to watch. She just had natural ability," said Tommy Serio, one of the top riders and trainers in the country, who was a longtime friend and competitor.
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SPORTS
February 18, 1993
Because of poor track conditions, Penn National canceled its racing card last night.
BUSINESS
By Arthur Hirsch, The Baltimore Sun | June 30, 2014
The owner of Maryland Live casino — the state's largest and one of the top moneymaking casinos on the East Coast — and Penn National Gaming Inc. jointly applied Monday for a license to develop a $750 million hotel and casino in the Hudson Valley region about 60 miles north of Manhattan. The Cordish Cos., an affiliate of which owns Maryland Live at Arundel Mills in Hanover, and Penn National, a spinoff of which owns Hollywood Casino in Perryville, are in a 50-50 partnership to develop a project they're calling Live!
NEWS
December 1, 2010
The Maryland Racing Commission and the horse community are right: The Maryland Jockey Club, MI Development and Penn National have no commitment to racing ( "Preakness at risk," Dec. 1). MID, a real estate firm, just wants to commercially develop Laurel Park. Penn National just wants to protect its casino at Charles Town and maybe get another casino by threatening to end Maryland racing. Success at Laurel would threaten these interests, so no wonder it is failing. Racing dates belong to the state.
BUSINESS
By Andrea K. Walker, The Baltimore Sun | February 28, 2011
Penn National Gaming Inc. has completed its acquisition of Rosecroft Raceway, enabling the Prince George's racetrack to emerge from Chapter 11 bankruptcy. The racetrack's reorganization plan was dependent on the former owner of Rosecroft, Cloverleaf Enterprises Inc., to sell most of its assets, including the track. A bankruptcy judge approved Penn National's $11 million bid for the track in February, but the transaction was finalized Monday. However, the case is still wrapped up in court because a competing bidder, Landow Partners, wishes to submit a higher bid. A hearing is scheduled for March.
BUSINESS
By Hanah Cho, The Baltimore Sun | May 17, 2011
Penn National Gaming said Tuesday that it is getting close to reaching an agreement to divest its stake in the Maryland Jockey Club, which operates Laurel Park and Pimlico Race Course , the home of the Preakness Stakes. Eric Schippers, a spokesman for Penn National, said final details are being worked out with Canadian real estate company MI Developments, the Jockey Club's majority owner. The two owners, which at times have appeared at odds on racing issues, have been in talks since early this year to restructure their joint venture to own and operate the tracks.
SPORTS
By From Staff Reports | January 27, 1994
Penn National canceled live racing last night because of the icy weather. Penn National is dark today, but is scheduled to race tomorrow night at 7:30.
NEWS
July 7, 2011
When Penn National Gaming bought the bankrupt Rosecroft Raceway this year, it promised to resume live harness racing there for the first time in nearly three years. To be sure, the giant national gambling conglomerate made clear its intent to also seek slot machines or other kinds of expanded gambling there. But the commitment to resuming racing sounded unconditional: "As the largest operator of pari-mutuel facilities in the country, and the host to an industry high 1,300 live racing events annually, we are uniquely qualified and look forward to working with Rosecroft stakeholders to attempt to restore live racing," the company's CEO, Peter M. Carlino, said in a news release after the purchase was finalized.
BUSINESS
By Annie Linskey and Chris Korman, The Baltimore Sun | September 25, 2012
Penn National has spent $13 million to defeat Question 7 and protect its gambling interests in Maryland. Now it may be abruptly altering its strategy. The Pennsylvania-based company, which owns Hollywood Casino Perryville, is in discussions with the Cordish Cos. about acquiring a 49 percent stake in the Maryland Live Casino, according to a state source familiar with details of the negotiations. The Washington Post first reported the talks on its Maryland Politics blog. Officials from Cordish Cos. could not be reached Tuesday.
TRAVEL
By Arthur Hirsch, The Baltimore Sun | April 16, 2014
Two Maryland casino operators are teaming up in hopes of opening a casino and resort in the Hudson Valley-Catskills area of New York, and are considering other projects in that state, the companies announced. The Cordish Cos., which runs Maryland Live in Hanover, the state's largest casino, and Penn National Gaming, which runs the second-largest, the Hollywood Casino in Perryville, hope to build the project in the Village of South Blooming Grove in Orange County, less than a 90-minute drive from Manhattan.
BUSINESS
By Tim Swift, The Baltimore Sun   | February 28, 2014
The Massachusetts Gaming Commission awarded Penn National the state's only slots license Friday, edging out a rival bid by Baltimore-based Cordish Cos.  Penn National -- which operates the Hollywood Casino in Perryville in Cecil County and Charles Town Races in West Virginia -- will operate the slots parlor at the Plainridge Racecourse in Plainville, Mass., according to the gaming commission's website. "Congratulations and welcome to Massachusetts," said commissioner  Bruce Stebbins  after the panel formally approved the Penn National plan Friday in Boston.
SPORTS
From Sun staff reports | December 28, 2013
Konrad M. Wayson 's Joint Custody overcame a stumbling start and survived a heated duel down the backstretch before winning the $100,000 Maryland Juvenile Championship at Laurel Park on Saturday. Wesley Ho was aboard the son of Outflanker, who completed the seven-furlong distance in 1 minute, 25.19 seconds and won by 51/2 lengths. After Joint Custody put away Open the Bank nearing the far turn and turned back Fran's Buckaroo around the turn, he steadily pulled away. Buck n' Ham Lane finished third.
SPORTS
Sports Digest | December 27, 2013
Towson football West, 5 others chosen as ECAC All-Stars Junior running back Terrance West (Northwestern) leads a group of six Towson players named to the Eastern College Athletic Conference Division I All-Star team for the Football Championship Subdivision. West, who leads college football with an FCS record 2,410 rushing yards and an FCS record 41 touchdowns, was honored as the ECAC FCS Offensive Player of the Year. A consensus first-team All-American, West broke the FCS single-season rushing record held by Jamaal Branch of Colgate when the Tigers beat Eastern Washington last week in the NCAA semifinals.
SPORTS
Sports Digest | November 27, 2013
Horse racing Ben's Cat wins $250,000 Fabulous Strike at Penn National Maryland-based Ben's Cat repeated as winner of the $250,000 Fabulous Strike Handicap on Wednesday night at Penn National in Grantville, Pa., covering 6 furlongs in 1 minute, 9.74 seconds. Ridden by Julian Pimentel , the 7-year-old brown gelding paid $9.80 to win, $3.40 to place and $2.20 to show in the race for 3-year-olds and up. Ribo Bobo, who had won nine straight races, was second and Good Morning Diva third.
NEWS
November 10, 2013
The United Food and Commercial Workers Local 27 recently testified in favor of Penn National Gaming's proposal to put the Prince George's County casino license at Rosecroft Raceway ( "Penn National raises stakes in fight for P.G. Co. casino license," Oct. 21). There is one reason that stands above the rest as to why we did this: Penn has been a good employer and good partner at Rosecroft and at Hollywood Casino at Perryville where we represent workers. They've honored the agreements they made with us and the workers we represent.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | October 21, 2013
Raising the stakes among the three companies vying to build a casino in Prince George's County, Penn National Gaming promised Monday to plow nearly $320 million into the county's health and educational systems if it secures the license. Penn National wants to build a $700 million Hollywood Casino Resort at Rosecroft Raceway, its beleaguered harness racing track in Fort Washington. The Wyomissing, Pa.-based casino operator said its casino would boost the state's horse racing industry.
BUSINESS
By Yvonne Wenger, The Baltimore Sun | September 19, 2013
Penn National Gaming Inc. took another step Thursday toward being able to bid for a casino license in Prince George's County after Maryland gaming officials approved a corporate restructuring for the owner of Hollywood Casino Perryville. The state Lottery and Gaming Control Commission approved Penn National's plan to spin off Gaming and Leisure Properties Inc., which would allow the Wyomissing, Pa.-based company to circumvent a state law restricting businesses to one video lottery facility.
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