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Maryland return for Penn National Gaming Incorporated

May 28, 2021
American casino operator Penn National Gaming Incorporated has announced that it has been given official regulatory approval to take over the running of Maryland’s small Hollywood Casino Perryville property.
The Wyomissing-headquartered firm used an official Thursday press release to detail that the consent from the Maryland Lottery and Gaming Control Commission comes after it inked a definitive agreement in December to acquire the venue’s operations from former owner Gaming and Leisure Properties Incorporated for $31.1 million. The company also revealed that this arrangement is to see it pay the real estate investment trust (REIT) it spun off in November of 2013 some $7.7 million every year in rent. ....

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Bally's lands "preeminent" spot on Vegas Strip

April 13, 2021
Rhode Island-based gaming company, Bally’s Corporation (BALY:NYSE) has announced it will acquire the Tropicana Las Vegas from Gaming and Leisure Properties Incorporated (GLPI) in a deal valued at around $308 million. The acquisition comes within a week of Bally’s closing on its $155 million purchase of MontBleu Resort Casino & Spa in Northern Nevada from Caesars Entertainment, Inc. (NASDAQ: CZR).
Under the terms of the deal, Bally’s will pay
$150 million for the Las Vegas Strip property’s non-land assets and
$10.5 million annually to lease the 35-acre parcel the 64-year-old casino sits on. The 50-year rental agreement is subject to increases. Additionally, Bally’s will enter into a sale-leaseback agreement with GLPI for its trio of Black Hawk, Colorado casino properties and Jumer’s Casino & Hotel in Rock Island, Illinois, which it is in the process of acquiring from Delaware North Companies Gaming & Entertainment, Inc. ....

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Bally's and Gamesys finalise mega-merger agreement

Bally's and Gamesys finalise mega-merger agreement
igamingbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from igamingbusiness.com Daily Mail and Mail on Sunday newspapers.

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Maryland re-entry for Penn National Gaming Incorporated

December 16, 2020
American casino firm Penn National Gaming Incorporated has announced the signing of a deal that is to see it spend $31.1 million so as to take over the running of operations inside Maryland’s small Hollywood Casino Perryville.
The Wyomissing-headquartered firm used an official Tuesday press release to proclaim that the arrangement with the Gaming and Leisure Properties Incorporated real estate investment trust (REIT) it spun off in November of 2013 is expected to close next summer ‘subject to the approval of the Maryland Lottery and Gaming Control Commission’ and also involves an annual rent commitment for the around 75,000 sq ft property of approximately $7.7 million. ....

United States , West Virginia , Jay Snowden , Penn National Gaming Incorporated , Gaming Control Commission , Leisure Properties Incorporated , Hollywood Casino , Maryland Lottery , National Gaming Incorporated , Chief Executive Officer , Hollywood Casino Perryville , Question Two , ஒன்றுபட்டது மாநிலங்களில் , மேற்கு வர்ஜீனியா , ஜெய் பனிப்பொழிவு , பென் தேசிய கேமிங் இணைக்கப்பட்டது , கேமிங் கட்டுப்பாடு தரகு , ஓய்வு ப்ராபர்டீஸ் இணைக்கப்பட்டது , ஹாலிவுட் கேசினோ , மேரிலாந்து லாட்டரி , தேசிய கேமிங் இணைக்கப்பட்டது , தலைமை நிர்வாகி அதிகாரி , ஹாலிவுட் கேசினோ பெர்ரிவில்லே , கேள்வி இரண்டு ,