Penn National Gaming Announces Opening Day Ceremonies at Plainridge Racecourse on Wednesday, April 16, at 3:30PM
April 14 2014 - 4:00PM
Business Wire
Penn National Gaming, Inc. (Nasdaq: PENN) (the “Company” or
“Penn National”) announced today that it will host Opening Day of
the Massachusetts standardbred harness racing season at Plainridge
Racecourse on Wednesday, April 16, 2014 at 3:30 pm ET.
"Today is more than the start of another harness racing season –
it is the beginning of a bright future for the Massachusetts equine
industry,” said Chris McErlean, Vice President of Racing for Penn
National. “With the opening of Plainridge Park Casino in little
over a year, harness racing is here to stay and thrive in the
Commonwealth. That's good news for our current employees, the
hundreds more that will soon be joining them, and the thousands of
families throughout Massachusetts whose livelihoods depend on the
industry. We are very proud and excited to be here today and are
thankful to the community and the Commonwealth."
Plainridge Racecourse employees, horsemen, and local community
officials will be in attendance for a brief ceremony and remarks to
commemorate the day. Penn National held a groundbreaking ceremony
for Plainridge Park Casino on March 14, 2014. Construction of the
gaming facility will occur concurrently with the live racing
season. The company expects minimal impact on the live racing
season that takes place on Wednesdays, Saturdays, and Sundays
throughout the year.
About Plainridge Park Casino
Plainridge Park Casino will include a fully integrated 106,000
square foot racing and gaming facility featuring live harness
racing and simulcasting with 1,250 slot machines, an upscale casual
dining restaurant, the first-ever Doug Flutie Sports Bar,
four-venue food court, harness concourse bar, multi-purpose banquet
room, entertainment lounge and casino bar, 1,620 structured and
surface parking spaces, 26,000 square foot grandstand with box and
reserved seats, and 13,000 square foot clubhouse with box
seats.
About Penn National Gaming
Penn National Gaming, through its subsidiaries, owns, operates
or has ownership interests in gaming and racing facilities with a
focus on slot machine entertainment. The Company presently operates
twenty-seven facilities in eighteen jurisdictions, including
Florida, Illinois, Indiana, Iowa, Kansas, Maine, Massachusetts,
Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico,
Ohio, Pennsylvania, Texas, West Virginia, and Ontario. In
aggregate, Penn National's operated facilities feature
approximately 31,000 gaming machines, 800 table games and 2,900
hotel rooms.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements can be identified by the use of forward
looking terminology such as “expects,” “believes,” “estimates,”
“expects,” “intends,” “may,” “will,” “should,” or “anticipates,” or
the negative or other variation of these or similar words, or by
discussions of future events, strategies or risks and
uncertainties. Such forward looking statements are inherently
subject to risks, uncertainties and assumptions about Penn National
Gaming and its subsidiaries, including risks related to the
ultimate location of the various other gaming facilities in
Massachusetts and the ongoing efforts in the state to repeal the
enabling legislation, and accordingly, any forward looking
statements are qualified in their entirety by reference to the
factors described in Penn National Gaming’s Annual Report on Form
10-K for the year ended December 31, 2013, subsequent Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K as filed with
the Securities and Exchange Commission. All subsequent written and
oral forward looking statements attributable to Penn National
Gaming or persons acting on the Company’s behalf are expressly
qualified in their entirety by the cautionary statements included
in this press release. Penn National Gaming undertakes no
obligation to publicly update or revise any forward looking
statements contained or incorporated by reference herein, whether
as a result of new information, future events or otherwise, except
as required by law. In light of these risks, uncertainties and
assumptions, the forward-looking events discussed in this press
release may not occur.
Keyser Public StrategiesWill Keyser,
617-529-5849will@keyserpublicstrategies.com
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