![]() Penn National Chief Operating Officer Jay Snowden said the deal meets with the company’s strategy of long-term growth through acquisitions.Ĭontact reporter Howard Stutz at or 70. Your Tier Points help you level up the fun and you can spend your PENN Cash how you want. The more you play, the more you stay, the more you earn. The slot machine businesses generated $72.8 million in revenue last month, compared to the casinos’ $118.1 million in revenue. As a PENN Play member, you get more chances to find your everyday fun. ![]() The company owns M Resort in Henderson and is buying the Tropicana Las Vegas for $360 million.įantini Gaming Research said Illinois VLTs have become competitors to casino operators. Penn National operates three casinos in Illinois. ![]() Illinois allows businesses with liquor licenses to operate slot machinelike video lottery terminals managed by a route operator. In a statement, Penn National said Prairie State Gaming generated $10 million in cash flow through the games last year. Regional casino operator Penn National Gaming said Friday it was acquiring an Illinois-based slot machine route operator for an undisclosed price that will give the company ownership of more than 1,100 slot machines in 270 locations around the state. ![]()
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