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Penn National Gaming Resumes Bangor Casino Construction
Thursday, May 17, 2007
BANGOR, Maine -- As reported by the Bangor Daily News: "Penn National Gaming Inc. gave the green light Monday to resume construction on its $131 million gaming and hotel complex on Main Street
Penn National Gaming in Bangor, company spokesman Eric Schippers confirmed.
"News that workers will be back at the job site today came shortly after members of the Legislature's Appropriations Committee killed two proposals to increase the state's share of revenues from the company's slot machines as a way to help balance the state budget.
"...Penn National now plans to shift its focus to talks with lawmakers aimed at creating a 'more stable and predictable environment for our $131 million investment' in Bangor, he said..."
Penn National Gaming
825 Berkshire Boulevard
Suite 200
Wyomissing, PA 19610
Suite 200
Wyomissing, PA 19610
| Penn National Gaming owns and operates casino and horse racing facilities with a focus on slot machine entertainment. The company presently operates sixteen facilities in thirteen jurisdictions including Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. In aggregate, Penn National's facilities feature over 18,600 slot machines, nearly 400 table games, almost 1,200 hotel rooms and approximately 565,000 square feet of gaming floor space. |