Penn National Gaming Inc ::PENN NATIONAL GAMING REPORTS RECORD SECOND QUARTER INCOME FROM OPERATIONS AND EXCEEDS GUIDANCE FOR ADJUSTED EBITDA.Q2 REVENUE $826.9 MILLION VERSUS I/B/E/S VIEW $840.6 MILLION.QTRLY EARNINGS PER SHARE $0.57.SEES Q3 2018 NET REVENUE $807.1 MILLION; SEES Q3 2018 EARNINGS PER SHARE $0.44.SEES FY 2018 NET REVENUE $3,219.0 MILLION; SEES FY 2018 EARNINGS PER SHARE $1.75.Q2 EARNINGS PER SHARE VIEW $0.50 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.43, REVENUE VIEW $814.9 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.65, REVENUE VIEW $3.24 BILLION -- THOMSON REUTERS I/B/E/S.
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July 19 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING SECURES APPROVALS FROM THE OHIO CASINO CONTROL COMMISSION AND LOUISIANA GAMING CONTROL BOARD IN CONNECTION WITH ITS PENDING ACQUISITION OF PINNACLE ENTERTAINMENT.
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June 28 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING SECURES INDIANA GAMING COMMISSION APPROVAL OF ITS PENDING ACQUISITION OF PINNACLE ENTERTAINMENT.PENN NATIONAL GAMING INC - REMAIN ON SCHEDULE TO COMPLETE TRANSACTION IN SECOND HALF OF THIS YEAR.
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June 19 (Reuters) - VICI Properties Inc ::VICI - IF DEAL TERMINATED UNDER CERTAIN CONDITIONS, PENN NATIONAL AND/OR CO TO PAY TERMINATION FEE OF $12.5 MILLION, WHICH MAY INCREASE TO UP TO $20 MILLION.
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June 19 (Reuters) - VICI Properties Inc ::VICI PROPERTIES INC. TO ACQUIRE REAL ESTATE ASSETS OF MARGARITAVILLE RESORT CASINO AND LEASE TO PENN NATIONAL GAMING.VICI PROPERTIES INC - ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE.VICI PROPERTIES INC - DEAL FOR APPROXIMATELY $376 MILLION IN CASH.VICI PROPERTIES INC - EXPECTS TO FUND PURCHASE WITH CASH ON ITS BALANCE SHEET, OR WITH A COMBINATION OF CASH AND DRAWS UPON ITS CREDIT FACILITY.VICI PROPERTIES INC - VICI TO ACQUIRE LAND AND REAL ESTATE ASSETS OF MARGARITAVILLE RESORT CASINO IN BOSSIER CITY FOR ABOUT $261 MILLION IN CASH.VICI PROPERTIES INC - PENN NATIONAL GAMING WILL ACQUIRE OPERATING ASSETS OF MARGARITAVILLE RESORT CASINO FOR ABOUT $115 MILLION IN CASH.
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June 19 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE OPERATIONS OF MARGARITAVILLE RESORT CASINO FOR PRE-SYNERGY PURCHASE MULTIPLE OF APPROXIMATELY 5.5X.PENN NATIONAL GAMING INC - TO ACQUIRE OPERATIONS OF MARGARITAVILLE RESORT CASINO FOR APPROXIMATELY $115 MILLION CASH.PENN NATIONAL GAMING INC - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO OPERATING RESULTS UPON CLOSING.PENN NATIONAL GAMING INC - WILL ENTER INTO A TRIPLE NET LEASE AGREEMENT WITH VICI PROPERTIES INC FOR MARGARITAVILLE FACILITY.
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May 9 (Reuters) - Pinnacle Entertainment Inc ::PINNACLE ENTERTAINMENT REPORTS 2018 FIRST QUARTER FINANCIAL RESULTS.Q1 GAAP EARNINGS PER SHARE $0.35.Q1 REVENUE $628.4 MILLION VERSUS I/B/E/S VIEW $641 MILLION.Q1 EARNINGS PER SHARE VIEW $0.29 -- THOMSON REUTERS I/B/E/S.PINNACLE ENTERTAINMENT - 2018 Q1 RESULTS NEGATIVELY IMPACTED BY "ADVERSE WINTER WEATHER CONDITIONS".REMAIN ON TRACK TO COMPLETE PENN NATIONAL TRANSACTION IN SECOND HALF OF 2018.
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April 27 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING SECURES MISSISSIPPI GAMING COMMISSION AND PENNSYLVANIA STATE HORSE RACING COMMISSION APPROVAL OF ITS PENDING ACQUISITION OF PINNACLE ENTERTAINMENT.
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April 26 (Reuters) - Penn National Gaming Inc ::Q1 REVENUE $816.1 MILLION VERSUS I/B/E/S VIEW $808.1 MILLION.INCREASES 2018 FULL YEAR GUIDANCE.QTRLY NET REVENUES $ 816.1 MILLION.QTRLY DILUTED EARNINGS PER COMMON SHARE $ 0.48.FOR FY 2018, SEES NET REVENUES OF $ 3,235.7 MILLION.FOR FY 2018, SEES DILUTED EPS OF $1.62.FY2018 EARNINGS PER SHARE VIEW $1.55, REVENUE VIEW $3.22 BILLION -- THOMSON REUTERS I/B/E/S.SEES Q2 DILUTED EARNINGS PER COMMON SHARE $ 0.49.SEES Q2 NET REVENUES OF $ 839.9 MILLION.Q2 EARNINGS PER SHARE VIEW $0.47, REVENUE VIEW $823.0 MILLION -- THOMSON REUTERS I/B/E/S.
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April 16 (Reuters) - Gaming and Leisure Properties Inc ::GAMING AND LEISURE PROPERTIES, INC. ANNOUNCES ACQUISITION OF THE REAL ESTATE ASSETS OF TROPICANA ENTERTAINMENT.GAMING AND LEISURE PROPERTIES INC - DEAL FOR PURCHASE PRICE OF $1.21 BILLION WITH INITIAL RENT OF $110 MILLION.GAMING AND LEISURE PROPERTIES INC - ANNOUNCED ACQUISITIONS ARE EXPECTED TO BE 8% TO 10% ACCRETIVE.GAMING AND LEISURE PROPERTIES INC - EXPECTS TO FUND TRANSACTION WITH A COMBINATION OF DEBT AND EQUITY.GAMING AND LEISURE - TO BUY REAL ESTATE ASSETS OF 6 CASINO PROPERTIES FROM TROPICANA ENTERTAINMENT FOR $1.21 BILLION, EXCLUSIVE OF TAXES AND DEAL FEES.GAMING AND LEISURE PROPERTIES-WITH CLOSING OF DEAL, ELDORADO TO BUY OPERATING ASSETS OF THESE PROPERTIES, LEASE REAL ESTATE VIA NEW MASTER LEASE.GAMING AND LEISURE PROPERTIES INC - NEW ELDORADO MASTER LEASE HAS 15 YEAR INITIAL TERM AND FOUR 5 YEAR RENEWAL PERIODS.GAMING AND LEISURE - TROPICANA ENTERTAINMENT DEAL, PINNACLE - PENN NATIONAL DEAL TO RESULT IN DIVIDEND/SHARE ACCRETION OF 8-10% ON Q1 ANNUALIZED DIVIDEND.
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