WYOMISSING, Pa., Apr 04, 2012 (BUSINESS WIRE) –
Penn National Gaming, Inc.
/quotes/zigman/56996/quotes/nls/penn PENN
-2.77%
announced today that it will
release its 2012 first quarter financial results at 7:00 a.m. ET on
Thursday, April 19, 2012 and will host a conference call and
simultaneous webcast at 10:00 a.m. ET on Thursday, April 19, 2012. Both
the call and webcast are open to the general public.
The conference call number is 212/231-2902; please call five minutes in
advance to ensure that you are connected prior to the presentation.
Interested parties may also access the live call on the Internet at
www.pngaming.com ;
allow 15 minutes to register and download and install any necessary
software. Questions and answers will be reserved for call-in analysts
and investors. A replay of the call can be accessed for thirty days on
the Internet at
www.pngaming.com .
About Penn National Gaming
Penn National Gaming owns, operates or has ownership interests in gaming
and racing facilities with a focus on slot machine entertainment. The
company presently operates twenty-six facilities in nineteen
jurisdictions, including Colorado, Florida, Illinois, Indiana, Iowa,
Kansas, Louisiana, Maine, Maryland, Mississippi, Missouri, Nevada, New
Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and
Ontario. In aggregate, Penn National’s operated facilities feature
approximately 29,700 gaming machines, approximately 665 table games,
2,400 hotel rooms and 1.2 million square feet of gaming floor space.
Penn National is also developing casinos in Toledo and Columbus, Ohio,
with openings targeted for 2012.
Forward-looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Actual
results may vary materially from expectations. Penn describes certain of
these risks and uncertainties in its filings with the Securities and
Exchange Commission, including its Annual Report on Form 10-K for the
year ended December 31, 2011. Meaningful factors that could cause actual
results to differ from expectations include, but are not limited to,
risks related to the following: our ability to receive, or delays in
obtaining, the regulatory approvals required to own, develop and/or
operate our facilities, or other delays or impediments to completing our
planned acquisitions or projects, including favorable resolution of any
related litigation and/or enforcement of contingent settlement
agreements; our ability to secure state and local permits and approvals
necessary for construction; construction factors, including delays,
unexpected remediation costs, local opposition and increased cost of
labor and materials; the passage of state, federal or local legislation
(including referenda) that would expand, restrict, further tax, prevent
or negatively impact operations in or adjacent to the jurisdictions in
which we do business (such as a smoking ban at any of our facilities) or
in jurisdictions where we seek to do business; the effects of local and
national economic, credit, capital market, housing, and energy
conditions on the economy in general and on the gaming and lodging
industries in particular; the activities of our competitors and the
emergence of new competitors; our expectations for the continued
availability and cost of capital; the maintenance of agreements with our
horsemen, pari-mutuel clerks and other organized labor groups; the
outcome of pending legal proceedings; changes in accounting standards;
our dependence on key personnel; the impact of terrorism and other
international hostilities; the impact of weather; and other factors as
discussed in the Company’s Annual Report on Form 10-K for the year ended
December 31, 2011, subsequent Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K as filed with the SEC. The Company does not intend
to update publicly any forward-looking statements except as required by
law.
SOURCE: Penn National Gaming, Inc.
Penn National Gaming, Inc.
William J. Clifford, 610-373-2400
Chief Financial Officer
or
Jaffoni & Collins Incorporated
Joseph N. Jaffoni, Richard Land
212-835-8500 or penn@jcir.com
Copyright Business Wire 2012
/quotes/zigman/56996/quotes/nls/penn
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PENN
Penn National Gaming Inc.
US
: Nasdaq
$
41.12
-1.17
-2.77%
Volume: 1.10M
April 10, 2012 4:00p
P/E Ratio18.82
Dividend YieldN/A
Market Cap$3.23 billion
Rev. per Employee$163,815