Penn National to buy Pinnacle Entertainment
Penn National Gaming Inc. has reached an agreement to buy a similar gambling-property owner and operator, Pinnacle Entertainment Corp., in a transaction valued at $2.8 billion.
Matt HegartyDec 18, 2017
Penn National Gaming Inc. has reached an agreement to buy a similar gambling-property owner and operator, Pinnacle Entertainment Corp., in a transaction valued at $2.8 billion.
The board of Ontario Racing and members of the Standardbred Alliance have voted to merge the two organizations, creating an independent organization that will represent all Ontario racetracks and horse racing industry associations in the province with a unified voice, according to a press release put out by Ontario Racing on Thursday.
Bernard Daney, an accomplished businessman, educator, and racing regulator who served as chairman of the Delaware Thoroughbred Racing Commission for 18 years, died Dec. 9 at age 92.
Dan Silver has left the New York Racing Association and has been hired as director of sales, marketing and business development at Roberts Communications Network, a leading communications services provider to the parimutuel industry.
Lisa Underwood, the former executive director of the Kentucky Horse Racing Commission, died on Saturday morning of a heart attack, according to an obituary appearing in the Lexington Herald-Leader. Underwood was 57.
Lynn Chouinard, owner of Bar None Ranches in Dewinton, Alberta, Canada, died Dec. 7 after a 12-year battle with cancer. He was 75.
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For the first time publically, the two groups hoping to redevelop underutilized property at Belmont Park revealed their plans on Sunday.
Larry Swartzlander finally got the interim tag removed from his title and has been named executive director of the California Authority of Racing Fairs.
Total wagering on U.S. races in November was up 6.4 percent compared to the same month last year, according to figures released Thursday by Equibase, a surge that has been attributed to new IRS regulations that went into effect in late September that are highly favorable to horseplayers.
Bet takers in the U.S. could put in place several new betting options already in place in other countries in order to drive up betting on U.S. races, the heads of several betting companies from Australia and the United Kingdom said on a Wednesday afternoon panel at the University of Arizona Global Symposium on Racing.