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In November 2004, Penn National Gaming acquired it for $2.2 billion in cash creating the third largest casino operator in the United States. [ 2 ] [ 3 ] The merger raised antitrust concerns because Penn National, which already owned Casino Rouge, would gain a monopoly on casinos in Baton Rouge. [ 4 ]
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gambling. It operates 43 properties in 20 states, under brands including Hollywood Casino, Ameristar, and Boomtown.
The casino was originally named Argosy Casino, and was operated by Argosy Gaming Company.In 2004, Argosy was acquired by Penn National Gaming (now Penn Entertainment).. In June 2009, Penn National unveiled a much larger riverboat with a passenger capacity of nearly 9,000 guests and 4,400 gaming positions.
Penn National Gaming might not be as large as other casino companies, and it might not have exposure to Macao, which has been a saving grace for many casino companies over the past several years.
Penn National Gaming Submits Separate Proposals for $160 Million Downtown Hollywood Casino Sioux City and $167 Million Hollywood Casino Siouxland in Woodbury County - Each Facility Would Feature ...
The company has reduced leverage and is investing in online and mobile gaming. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail ...
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