Posts Tagged ‘Casino’
Innovation Ohio: Is Moelis in bed with Penn National?
Columbus--Innovation Ohio, a progressive think tank headquartered in Columbus, said today that it has uncovered a "potentially troubling linkage" between Penn National Gaming and Moelis & Company, the New York-based consulting firm that earned a reported $13 million to help Gov. John Kasich strike a deal with Ohio's casino and race track [...]
Webb disappointed with Sears and others on HB 277
District 6 Toledo City Councilwoman Lindsay Webb expresses appreciation to local legislators who opposed Ohio House Bill 277 and expresses disappointment with one Toledo area legislator. Operations at Toledo's Raceway Park will be impacted by the bill as Penn National Gaming has stated their intention to seek permission to close Raceway Park [...]
Penn National on Agreement with Ohio
Penn National Gaming, Inc. (Nasdaq: PENN) President and Chief Operating Officer Timothy Wilmott commented today on the agreement in principle reached with the State of Ohio regarding gaming operations: “Reaching an agreement with the Administration allows us to meet our primary goal of keeping our Ohio projects moving forward. While we [...]
Kasich agreement with one casino group
A release sent out by Governor John R. Kasich announced that an agreement in principle has been reached with Ohio casino developer Rock Ohio Caesars LLC (ROC) that will allow ROC to resume work in the coming weeks on its Cincinnati and Cleveland casino projects. Details of the agreement, which includes additional payments to the state of Ohio, [...]
St. Jean named as Casino General Manager
Wyomissing, PA, Toledo, OH, Aurora, IL and Perryville, MD (May 10, 2011) – Penn National Gaming, Inc. (Nasdaq: PENN) announced today that Richard St. Jean, 48, has been named General Manager of Hollywood Casino Toledo in Lucas County, Ohio. Mr. St. Jean will have full responsibility for the start-up, opening and management of the planned $300 [...]
Voters spoke on Casino
Issue 3 passed in Ohio, it was the will of the voters. Expecting and demanding the casinos to deliver on what was promised is one thing, trying to change things that conflict with what voters approved is another. Know the inside scoop on how to effectively play your hand using tips from our online poker sites. Long-time readers of the [...]
No to Casino – Kasich cuts funding
The Hollywood Casino in Columbus was expecting about $2.5 million to clean up the site the casino is to be built on. However, Governor Kasich had other ideas according to this Columbus Dispatch article: The Kasich administration has blocked Penn National Gaming from getting about $2.5 million from the state that it was counting on to help clean [...]
Raceway Park move authorization sought
This was sent out with the request that it be embargoed until 10 a.m. PENN NATIONAL GAMING INTENDS TO SEEK APPROVALS TO RELOCATE RACETRACKS TO MAHONING VALLEY AND DAYTON SUBJECT TO AUTHORIZATION OF VLTs AT OHIO RACETRACKS - If VLTs and Relocations are Approved, Penn National Plans Approximate $400 Million Investment in Two New Racing and [...]
Theis on Raceway Park Promise: ‘Toledo deserves better’
During the election season in 2009 when Issue 3 was on the ballot, Sandy Theis was working with those opposed to Issue 3. She came before a Toledo City Council Committee of the Whole meeting in Oct. 2009 at a meeting that had representation of those opposed and in favor of Issue 3. Raceway Park was raised as an issue, first by Theis. My [...]
Raceway Park seeking greener pastures?
As part of the reporting related to the announcement of an 8th Horse-racing track in Ohio on Monday, Toledo Free Press reported: (Brad) Pressman is quoted as referencing rumors concerning Toledo’s Raceway Park in the release,”We have heard rumors that Penn Gaming was considering relocating Toledo’s Raceway Park or Beulah Park in Columbus. [...]
