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Penn National Gaming

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    Jul 7, 2011 |Story| Baltimore Sun
  1. Calling Penn National's bluff at Rosecroft

    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.
    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...

    Tags: Bankruptcy, Horse and Harness Racing, Companies and Corporations, Elections

  2. Jul 13, 2011 |Story| Baltimore Sun
  3. Viable Rosecroft is standardbred industry's best hope

    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...

    Tags: Maryland, Gaming, Gaming Industry

  4. Oct 18, 2011 |Story| Baltimore Sun
  5. Md. horsemen again at odds over schedule

    It's deja vu for Maryland's thoroughbred racing industry. Less than three months before the 2012 season, the Maryland Jockey Club and the horsemen are at odds again and have yet to agree on the number of live racing days for next year. "We're staring at...

    Tags: Bowie, Government, Entertainment Events, Executive Branch, Equestrian

  6. Oct 31, 2011 |Story| Baltimore Sun
  7. Racing stumbles down the stretch

    The man who came to town nearly a decade ago promising  to be the horse racing industry's salvation has lately become its frustrating nemesis. Franck Stronach, a Canadian billionaire and racing enthusiast who has exerted an erratic will since buying the Maryland Jockey Club in 2002, has single-handedly upended a deal that was supposed to give horse and track owners and others involved in the industry time to develop a new business plan. He is now proposing an unworkable plan to lease Laurel Park to the horsemen and to run a mere 40 days a year at Pimlico — not nearly enough to sustain the industry. Unless he exhibits another unexpected change of heart — always a possibility — the horsemen will have to start playing hardball with the one thing Mr. Stronach appears to really care about: the Preakness.
    The man who came to town nearly a decade ago promising to be the horse racing industry's salvation has lately become its frustrating nemesis. Franck Stronach, a Canadian billionaire and racing enthusiast who has exerted an erratic will since buying the...

    Tags: Regional Authority, Preakness Stakes, The Jockey Club Incorporated, Triple Crown, Government

  8. Jun 14, 2011 |Story| Baltimore Sun
  9. Maryland gambling: A night at Hollywood Casino and Ocean Downs

    On a recent Friday night, Hollywood Casino in Perryville whooped, shrieked and fluttered with the shrill din of thousands of slot machines at full blast. Crowds flitted from shiny penny slots to $1 machines, hoping to hit it big, or simply spend a night away from the couch.
    On a recent Friday night, Hollywood Casino in Perryville whooped, shrieked and fluttered with the shrill din of thousands of slot machines at full blast. Crowds flitted from shiny penny slots to $1 machines, hoping to hit it big, or simply spend a night...

    Tags: Unknown (movie), Music, Comedy (genre), ESPN (tv network), Electronics

  10. Jul 29, 2011 |Story| Baltimore Sun
  11. Stronach in charge of Pimlico, Laurel Park

    The latest owner of Laurel Park and Pimlico Race Course says the Preakness is the key to turning around the state's horse racing industry. Greg Avioli, who heads The Stronach Group's racing business, told state regulators Friday that the second leg of...

    Tags: Bowie, Laws, Maryland, Triple Crown, Magna Entertainment Corp.

  12. Jul 29, 2011 |Story| Baltimore Sun
  13. Rosecroft to resume racing in three weeks

    Rosecroft Raceway will resume horse racing in three weeks after state regulators came to an agreement Friday with the facility's owner over operating losses. The Maryland Racing Commission voted unanimously to accept a proposal by Penn National Gaming to...

    Tags: Horse and Harness Racing, Companies and Corporations, Elections

  14. Aug 5, 2011 |Story| Patuxent Homestead
  15. Casino sign and parking issues dominate Perryville town meeting

    Illegal parking and the potential Hollywood Casino in Perryville sign overlooking I-95 were the two hot topics of conversation at Tuesday night's relatively short meeting of the Board of Town Commissioners. "It must be vacation month," Mayor Jim...

    Tags: Maryland, High School Sports, Finance, Commuting, Cecil County

  16. Nov 14, 2011 |Story| Baltimore Sun
  17. Prince George's Co. lawmakers to vote on slots-ban bill

    In 2007, when the Maryland General Assembly was considering five locations for slot machines, the Rev. Jonathan L. Weaver sought to keep casinos out of Prince George's County. Weaver — who leads the Greater Mt. Nebo African Methodist Episcopal...

    Tags: Bowie, Bankruptcy, Anglicanism, Prince George's County, Christianity

  18. Nov 15, 2011 |Story| Baltimore Sun
  19. Will the promise of Baltimore slots be fulfilled this time?

    If we've learned anything so far in the effort to bring slot machine gambling to Maryland — and especially to downtown Baltimore — it's not to get too excited by early promises and glitzy artist's renderings. The gap between promise and reality seems to have a tendency to stretch on in unexpected ways. That said, the proposal by the head of Caesars Entertainment Corp. to the state's slots licensing commission for a Harrah's casino on Russell Street just south of M&T Bank Stadium is clearly more promising than anything we've seen thus far for the Baltimore site and stands a chance to give the Cordish Cos. casino under construction at Arundel Mills mall competition for the state's top slots site.
    If we've learned anything so far in the effort to bring slot machine gambling to Maryland — and especially to downtown Baltimore — it's not to get too excited by early promises and glitzy artist's renderings. The gap between promise and...

    Tags: Westport, Grand Prix of Baltimore, Cordish Cos., Companies and Corporations, Casino and Gambling Industry

  20. Jun 30, 2011 |Story| Baltimore Sun
  21. State expected to mediate simulcast negotiations

    The state is expected to mediate negotiations on a new simulcasting agreement between Rosecroft Raceway and representatives of Maryland's thoroughbred racing. A state law aimed at helping the ailing industry calls for state-led mediation if Rosecroft and...

    Tags: Labor Legislation, Maryland, The Jockey Club Incorporated, Prince George's County

  22. Jul 3, 2011 |Story| Baltimore Sun
  23. The Interview: Greg Avioli

    Greg Avioli is not new to thoroughbred racing.
    Greg Avioli is not new to thoroughbred racing. But the former chief executive of the Breeders' Cup race still faces a difficult task in running The Stronach Group's racing business, which took full control of the financially ailing Maryland Jockey Club...

    Tags: Triple Crown, Shareholders, Government, Equestrian, National Government

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Penn National Gaming Photos
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