Presque Isle Downs & Casino News - Page 3

Under the terms of the transaction, valued at approximately $1.85 billion, a subsidiary of Eldorado merged into Tropicana, and Tropicana became a wholly owned subsidiary of Eldorado.

The Pennsylvania Gaming Control Board reported today that total gaming revenue, the combination of slot machine and table games revenue, was up 2.8% compared to August of last year.

Food & Beverage industry veteran Perry Wiley is the new Vice President of Food & Beverage and oversees resort culinary programs, while Megan Shaver returns to her JW Marriott Las Vegas home, taking the helm at Hawthorn Grill as Executive Chef.

Under the agreement approved by the Board at its public meeting, the license for Presque Isle Downs & Casino will be transferred to Churchill Downs, Inc., a publicly traded company based in Louisville, KY.

According to the report, the combined gross revenue from slot machines at the 12 casinos in July of this year was $203,643,985.78, 2.6% lower than the July 2017 gross revenue figure of $209,124,966.

The Pennsylvania Gaming Control Board posted on its website the monthly report for total gross revenue and tax revenue generated from the play of slot machines at casinos during May 2018.

The Annual Racetrack Casino Benchmark Report details the impact of casinos on the state's horse racing industry.

Churchill Downs will purchase Presque Isle Downs and Lady Luck Casino for $178.9 million and $50.6 million, respectively.

Despite a slight drop in slot machine revenue, the Pennsylvania Gaming Control Board reported table games revenue reached a record high this past year.

Overall Pennsylvania casino gaming revenue was up 8.6% during the month.

The Erie County casino was levied a fine of $10,000 for allowing personnel to enter a table games storage room without a key.

The company will host a conference call to discuss results at 4:30 p.m. today.

The Pennsylvania Gaming Control Board today approved fines for four casinos.

Presque Isle Downs and Casino to request slots and table game reductions to improve overall customer experience and casino aesthetic.

Presque Isle Downs has filed a lawsuit over the planned Lawrence County casino racetrack.

Eight of the state's casino saw slot revenue decline, while Presque Isle Downs & Casino reported 16 percent lower slot revenue for the year.

Presque Isle Downs & Casino is slashing its horse racing on Friday and Saturday nights come 2013.

On Sunday, November 11, 2012 a Vietnam War vet walked away with $500,000 with his progressive jackpot win, the largest in Presque Isle Downs & Casino’s history.

The amount returned to gamblers was $29.3 million, the Pennsylvania Gaming Control Board reported.

Some impact being felt on slot revenue at Presque Isle Downs following the opening of the Horseshoe Casino Cleveland.