Penn National Gaming Gets Approval from Nevada Gaming Commission | IXGAMES

As part of its goal to expand its casino business in Nevada, Penn National Gaming has gained an approval for its plans to purchase a percentage in Nevada Slots & Supplies. As a distributor of slot machines based in Las Vegas, buying a percentage in Nevada Slots & Supplies allows Penn National Gaming more room in achieving their goals of expansion. According to Penn National Gaming’s Chairman and Chief Executive Officer Peter M. Carlino, this small yet important success gives the company the chance to be able to make the right move once the right opportunity comes. Now that the Penn National Gaming is licensed, it doesn’t have to undergo another background investigation from the Gaming Control Board once it decides to purchase another company or business. Carlino also told the Nevada Gaming Commission that the gambling industry is not becoming worse, but he also doesn’t “see things getting better.” He also stated that the business was way ten to twelve percent off as compared to the status of the gambling business before the economic downturn that affected a lot of local industries. More about Penn National Gaming As of today, Penn National Gaming has a total of 19 horse racing and gaming facilities all over 15 states. The company plans to open in Maryland a new casino facility. It also plans to break ground in Kansas within this year for a gaming facility. Plus, the company has received a couple of licenses to operate gaming and casino facilities in the state of Ohio. Penn National Gaming currently employs a total of 15,000 employees. Once the plans of the company are finalized, it will be licensed to operate in Canada and in 18 US states. Although Penn National Gaming is basically a non-union company, it has several connections with numerous unions. When Thomas N. Auriemma, the company’s Compliance Chief, was asked about any difficulties met when obtaining licenses and meeting regulations in different states, he stated that the company is very serious in following all the rules and restrictions. However, Auriemma disclosed a situation they had when setting up in Illinois. In the state of Illinois, it is against the law to send any form of gambling promos and other marketing materials to people who are considered self-excluded because of gambling problems. Because the Penn National Gaming accidently sent marketing materials to these self-excluded individuals, they had to make a settlement that reached an amount of $800,000.