That’s a collective daily tax revenue loss to Michiganders of between 310,000 and 522,000. Penn National Chief Operating Officer Jay Snowden said the deal meets with the company’s strategy of long-term growth through acquisitions.Ĭontact reporter Howard Stutz at or 70. As it stands, workers are suffering without a paycheck, the city of Detroit is losing out on between 190,000 and 320,000 in daily tax revenue and the state is missing between 120,000 and 202,000 from its tax share of the city’s casinos. The slot machine businesses generated $72.8 million in revenue last month, compared to the casinos’ $118.1 million in revenue. The company owns M Resort in Henderson and is buying the Tropicana Las Vegas for $360 million.įantini Gaming Research said Illinois VLTs have become competitors to casino operators. All gaming at Hollywood Casino Morgantown is also outfitted with Penn National’s cashless, cardless and contactless capabilities. Penn National operates three casinos in Illinois. Illinois allows businesses with liquor licenses to operate slot machinelike video lottery terminals managed by a route operator. It is the third deployment of the Everi cashless technology at Penn’s Pennsylvania casinos. In a statement, Penn National said Prairie State Gaming generated $10 million in cash flow through the games last year. announced that its digital CashClub Wallet technology is powering Penn National Gaming’s new Hollywood Casino York in Pennsylvania under Penn’s mychoice Wallet brand. Regional casino operator Penn National Gaming said Friday it was acquiring an Illinois-based slot machine route operator for an undisclosed price that will give the company ownership of more than 1,100 slot machines in 270 locations around the state.

New lineup of casinos for penn gaming