penn national gaming
Penn National Gaming’s Chief Financial Officer, David Williams, Announces Decision to Step Down
Penn National Gaming | January 4, 2021
20-Year Veteran Gaming Industry Analyst, Felicia Hendrix, Named New Executive Vice President and Chief Financial Officer WYOMISSING, Pa.--January 4, 2021--Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that David (“Dave”) Williams, has stepped down as Executive Vice President and Chief Financial Officer (“CFO”) as of December 31, 2020. Taking his place, subject to customary regulatory approvals, will be Felicia Hendrix, who will be joining Penn National as Executive Vice President and CFO on March 2nd following more than 20 years as an equity research analyst covering the gamin...
Penn National Gaming Senior VP Joins Penn State School of Hospitality Management Industry Advisory Board
The School of Hospitality Management | January 7, 2020
UNIVERSITY PARK, Pa. —Eric Schippers, senior vice president of public affairs and government relations at Penn National Gaming, Inc., has joined the Penn State School of Hospitality Management (SHM) Industry Advisory Board. In his role with Penn National Gaming, Schippers is responsible for the company’s community affairs, government relations, corporate communications and media relations. He additionally serves as spokesperson for the company. Penn National Gaming operates 41 gaming, racing and video gaming facilities across the country, in 19 states, from Maine to Nevada. The brand oversees approximately 49,400 gaming machines; 1,...
Penn National Gaming’s Chief Financial Officer, William J. Fair, Announces Plans to Step Down
Penn National Gaming | September 27, 2019
WYOMISSING, Pa.--September 27, 2019 --Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that William J. (“BJ”) Fair, will be stepping down as Executive Vice President and Chief Financial Officer (“CFO”) at the conclusion of his current employment contract term, which expires March 31, 2020. Mr. Fair, who has served in his current role as CFO since 2017, joined Penn National in 2014 as Senior Vice President and Chief Development Officer. Mr. Fair has agreed to stay with the Company through the end of the first quarter 2020, which will allow time for the Company to conduct a formal s...
Penn National Obtains Final Approval for $360M Tropicana Las Vegas Casino Hotel Resort Transaction
Penn National Gaming | August 21, 2015
WYOMISSING, Pa.--August 21, 2015--Penn National Gaming, Inc. (PENN: Nasdaq) ("the Company," or "Penn National") announced that it received approval today from the Nevada Gaming Commission ("NGC") to complete the Company's planned $360 million acquisition of Tropicana Las Vegas. The NGC's approval represents the final step in the regulatory process to finance and acquire the property following earlier approvals in several other jurisdictions where the Company operates. Penn National plans to complete the purchase of Tropicana Las Vegas on August 25, 2015. "The addition of Tropicana Las Vegas to our national portfolio of gaming assets is ...
Penn National Gaming Agrees to Acquire Tropicana Las Vegas Casino Hotel Resort for $360 Million
Penn National Gaming | April 29, 2015
April 29, 2015 - WYOMISSING, Pa. - Penn National Gaming, Inc. (PENN: Nasdaq) ("the Company," "Penn National," or "Penn National Gaming") announced today that it entered into a definitive agreement to acquire Tropicana Las Vegas Casino Hotel Resort ("Tropicana Las Vegas" or "Tropicana") from its shareholders, the largest of which is a partnership between Onex and Alex Yemenidjian, for $360 million. Penn National intends to fund the acquisition through an expansion of its existing credit facilities and cash on hand. Tropicana Las Vegas is situated on a 35-acre land parcel at the corner of Tropicana Boulevard and Las Vegas Boulevard, appro...
