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By Nicole Fuller, The Baltimore Sun | September 16, 2010
Penn National Gaming says it might delay the scheduled opening this month of the state's first slots casino in Cecil County, as state regulators examine whether the gambling giant inappropriately interfered with another company's efforts to build a casino in Anne Arundel County. The State Lottery Commission conditionally approved Penn National Gaming's license Thursday, but it did not rule on claims by Baltimore-based Cordish Cos. that Penn National breached its licensing agreement for a 1,500-machine slots parlor in Perryville.
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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.
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NEWS
September 20, 2010
On behalf of Penn National Gaming, I write to express my continued disappointment with this paper's strident editorial support for the Cordish Companies' proposed slots parlor at the Arundel Mills Mall, despite the broad-based overwhelming local citizen opposition to the proposal. In your latest opinion piece ("Hardly 'free' speech," Sept. 17), you go so far as to describe our constitutionally protected right of political free speech as a laughable matter. Yet, ironically, The Sun has fought to protect First Amendment freedoms for 173 years — I suppose the question to ask is, for whom?
BUSINESS
By Kevin Rector, The Baltimore Sun | February 4, 2014
Two companies that unsuccessfully bid to win a casino license in Prince George's County have agreed not to challenge the decision, the Maryland Lottery and Gaming Control Agency said Tuesday. In exchange, the state will give back millions of dollars in fees and bonds. Both Prince George's Racing Ventures LLC, a subsidiary of Penn National Gaming, and Maryland Racing LLC, a subsidiary of Greenwood Racing, recently signed a "Release and Covenant Not to Sue," state officials said.
BUSINESS
By Hanah Cho, The Baltimore Sun | August 22, 2011
Rosecroft Raceway, which had been shuttered since last year, will re-open for simulcast races on Thursday. Under a new ownership, the Prince George's County harness track will open seven days a week to accept bets on harness and quarterhorse races from across the country. The track will resume live racing on Oct. 21 after a nearly three-year absence. Casino operator Penn National Gaming bought Rosecroft for $11 million earlier this year in a bankruptcy auction. Hanah.cho@baltsun.com An earlier version of this article misstated the amount of money for which Rosecroft sold at auction.
TRAVEL
May 24, 2012
Maryland's first casino, Hollywood Casino Perryville opened in September 2010 and is operated by Penn National Gaming. Games to play: Hollywood Casino boasts 1,500 slot machines. In keeping with the Hollywood theme, there are "Sex and the City" branded slots as well as some named after "I Love Lucy. " There are also electronic blackjack and roulette arcades on the building's fringes. Entertainment: Enjoy music, cocktails and snacks at the Epic Lounge. Also featuring regular appearances by DJs and live music performers.
BUSINESS
January 7, 2010
Penn National Gaming Inc. said Wednesday that it will name Himbert Sinopoli general manager of a 1,500-slot machine casino it is building in Perryville in Cecil County. Sinopli will take the helm of the Hollywood Casino Perryville effective Feb. 1. The $97.5 million casino with 75,000 square feet of gaming space is expected to open in October as Maryland's first slots casino. Sinopoli has 15 years of gaming experience and is assistant general manager at Penn National's Argosy Casino Alton in Illinois.
BUSINESS
By By Hanah Cho | June 10, 2010
The state's first casino in Cecil County will open on Sept. 30, four weeks ahead of schedule, the owner of the parlor announced Thursday. The Hollywood Casino Perryville will have 1,500 video lottery terminals, according to Penn National Gaming Inc. The casino's construction cost $89 million. The news comes after the state Board of Public Works agreed earlier this week to pay nearly $50 million to buy about 1,000 slot machines for the casino. hanah.cho@baltsun.com Sign up for Baltimore Sun business text alerts
NEWS
July 13, 2011
We are disappointed to read the latest editorial attack against Penn National Gaming by The Sun ("Penn National's bluff," July 8). How can The Sun advocate that Penn be expected to write a blank check to cover years of potential future operating losses at the track as a condition of our racing license? The Sun readily acknowledges the challenges in running a failing business whose viability as a stand-alone racing enterprise is doubtful absent a long-term alternative revenue stream.
NEWS
By James Drew and Greg Garland and James Drew and Greg Garland,Sun reporters | October 5, 2007
Maryland Comptroller Peter Franchot warned yesterday that if the General Assembly legalizes slot machine gambling, casinos in downtown Baltimore and "slots in a neighborhood near you" will follow. "This predatory gambling industry goes where the money is," Franchot said at a news conference at Harborplace in Baltimore. "Let's be honest. There is no such thing as limited slots. In state after state where slots have been legalized, the debate about expanding them begins before the first slot machine is turned on."
BUSINESS
By Kevin Rector, The Baltimore Sun | December 21, 2013
Now that MGM Resorts International won the state license to build a casino in Prince George's County, officials say they have no doubt it will become a world-class destination — and a revenue-generating powerhouse for the state. "I believe this will be the most successful commercial resort outside of Las Vegas," said Jim Murren, MGM's chairman and CEO, shortly after a state commission awarded his company the license on Friday. "I've never seen a site like this. " Analysts agree that the MGM National Harbor casino has major promise — projections are that it could generate hundreds of millions a year in tax revenue — but also that it will compete with Maryland Live at Arundel Mills and the rising Horseshoe Casino in Baltimore.
BUSINESS
By Kevin Rector, The Baltimore Sun | December 16, 2013
Less than a week before state officials are expected to award a casino license in Prince George's County, one of the three bidders is calling the state's research "flat-out wrong. " Greenwood Racing, which wants to build a Parx casino on Route 210 in Fort Washington, has asked the state's special site selection committee to delay a decision currently scheduled for Friday. The company wants more time to challenge findings that a rival bid would be more lucrative for the state. Two weeks ago, consultants to the state concluded that a proposal from MGM Resorts International to build a casino at National Harbor would bring in more revenue than Greenwood's proposal or that of Penn National Gaming, which wants to build a Hollywood casino at nearby Rosecroft Raceway.
NEWS
By Pamela Wood, The Baltimore Sun | December 12, 2013
Members of a state casino site selection commission reviewed final details Thursday of three competing proposals for a casino in Prince George's County - including one that sweetened its offer since the commission met last week. Greenwood Racing, which wants to build Parx casino on Route 210 in Fort Washington, said this week it will pay an additional $100 million, on top of $100 million already pledged, toward highway improvements near its casino site. Greenwood is competing against proposals for a Hollywood Casino by Penn National Gaming at nearby Rosecroft Raceway and an MGM Resorts International casino at National Harbor.
BUSINESS
By Pamela Wood, The Baltimore Sun | December 6, 2013
A casino at National Harbor would bring in more revenue and tax dollars than two other sites vying for the state's sole casino in Prince George's County, according to consultants who presented data to state gambling officials in Annapolis on Friday. A group of six consultant firms, hired by the Maryland Video Lottery Facility Location Commission to evaluate the casino proposals, said the MGM Resorts International resort and casino proposed for National Harbor would bring in annual gambling revenue of $713 million to $719 million.
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 Kevin Rector, The Baltimore Sun | October 25, 2013
Playing the last hand of the week in a round of bidding for the rights to build a casino in Prince George's County, MGM Resorts said Friday that the merits of its $925 million resort next to the Capital Beltway trump the others. Its ace in the hole is a location on a hill above the Potomac River at National Harbor, said Jim Murren, MGM's chairman and CEO. "We have never seen a site more perfectly tailored," said Murren during a site visit Friday by members of the state's Video Lottery Facility Location Commission.
NEWS
By Doug Donovan and Doug Donovan,Sun reporter | July 4, 2008
A national casino operator from Pennsylvania is close to securing an option to purchase Cecil County property near Interstate 95 for use as a slot machine gambling venue if voters this November approve the devices in Maryland. The company, Penn National Gaming, would purchase the land only if the ballot referendum passes and if it is awarded the license that is guaranteed to go to a Cecil County site. The other four guaranteed locations would be in Baltimore City and Anne Arundel, Allegany and Worcester counties.
NEWS
By Laura Smitherman | December 22, 2009
A Pennsylvania horse breeder and racing consultant backed by private equity has come forward as one of six bidders for the Maryland Jockey Club's racetrack assets. Blow Horn Equity LLC is seeking to buy Pimlico Race Course, Laurel Park and the Preakness from Magna Entertainment Corp., the jockey club's parent company that filed for bankruptcy protection in March. Jeffrey Seder, an entrepreneur who owns a horse farm outside Philadelphia, is the company's chief executive. He said it is backed by a hedge fund that he declined to name, citing a confidentiality agreement.
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 Jamie Smith Hopkins, The Baltimore Sun | September 25, 2013
MGM Resorts International presented an early look Wednesday at the design for its proposed $800 million casino and resort at National Harbor in Prince George's County — a glassy echo of Washington monuments atop a 1,600-foot-long stepped pedestal. MGM is one of three companies bidding for a license to build the state's sixth casino, to be located in the suburban D.C. county. The other bidders are Penn National Gaming, a casino and racetrack operator already in Maryland, and Greenwood Racing, which owns Pennsylvania's most successful casino.
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