Penn National Gaming OK'd to acquire Pittsburgh-area casino

HARRISBURG, Pa. - Berks County-based Penn National Gaming has gotten the formal OK to operate its second casino in Pennsylvania.

The Pennsylvania Gaming Control Board announced Friday that it has approved The Meadows Casino's slot machine license being transferred to Penn National from Pinnacle Entertainment.

Penn National will pay the state a "change of control fee" of $3.75 million.

The Meadows is located in Washington County, southwest of Pittsburgh, and includes a casino, racetrack, and hotel.

Penn National, headquartered in Wyomissing, announced an agreement in December to acquire Pinnacle for $2.8 billion. When finalized, the deal will make Penn National the largest gaming operator in the United States.

Penn National also operates the Hollywood Casino at Penn National Race Course in East Hanover Township, Dauphin County, near Harrisburg.

DISCLAIMER FOR COMMENTS: The views expressed by public comments are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the TERMS OF USE  and the comment you are posting is in compliance with such terms. Your comments may be used on air. Be polite. Inappropriate posts or posts containing offsite links may be removed by the moderator.

This Week's Circulars


Berks Area News

Latest From The Newsroom