💰 Penn National’s numbers up, but Alton’s Argosy Casino receipts dip in - Alton Telegraph
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Penn National's numbers up, but Alton's Argosy Casino receipts dip 18 announcement of our agreement to acquire Pinnacle Entertainment.
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Penn National's numbers up, but Alton's Argosy Casino receipts dip 18 announcement of our agreement to acquire Pinnacle Entertainment.
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BY Jeanie Stephens.{/INSERTKEYS}{/PARAGRAPH} Similarly, the reduced admissions and gross receipts between the two years at Argosy Casino reduced the amount of wagering tax and admissions tax revenues to the city of Alton. Weller, lweller thetelegraph. The visits also reinforced our confidence in achieving our revenue and cost synergy objectives. As of Dec. Among other Alton data from IGB, adjusted gross receipts were 7. The decrease in gross receipts corresponds with a 6. Recent News. Louis County and Ameristar in St. Penn National, though, has an agreement with Boyd Gaming Corp. One effect on numbers could be the four days that the casino had to close because of high flood waters the first week of May. Based upon preliminary discussions with regulators, we remain on schedule to close the transaction in the second half of Based in Wyomissing, Pennsylvania, Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. Importantly, the combined entity will generate significant free cash flow, which we initially intend to allocate to de-leveraging and other initiatives that we believe will enhance long-term shareholder value. {PARAGRAPH}{INSERTKEYS}Wilmott, chief executive officer, in the press release. Charles, Missouri.