WASHINGTON (dpa-AFX) - Penn National Gaming, Inc. (PENN) Thursday said it has submitted a proposal to the Pennsylvania Gaming Control Board for a new gaming and entertainment destination in Philadelphia.
The company believes that this proposal represents a best-in-class approach to regional gaming that will boost local tourism and maximize revenues for Philadelphia and the Commonwealth of Pennsylvania.
'We believe Penn National's financial strength and proven ability to complete projects on schedule make us the ideal operator to develop this new gaming and entertainment facility in Philadelphia.' , said Peter Carlino, Chairman and Chief Executive Officer of Penn National Gaming.
Copyright RTT News/dpa-AFX