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Penn National Race Course Opening Postponed

28 October 2005

PENNSYLVANIA – As reported by the Pennsylvania Patriot-News: "The owner of Penn National Race Course in Grantville has pushed back its projected opening of a slot-machine casino at the track from the spring of 2007 to the third quarter of that year.

"The delay is the result of an ongoing political dispute within the Pennsylvania Gaming Control Board over distribution of gaming machines in the state. The dispute centers on whether machine distributorships should be established on a regional or statewide basis. The PGCB has not resolved the issue, failing again last week to reach a consensus.

"The company had expected to open the casino by the spring of 2007. It once had thought an opening in the second half of 2006 was possible after the gaming legislation was approved last year.

"…The company has vowed not to start construction until it receives a license. At this point, the PGCB won't be in a position to evaluate and grant licenses until late next April, after it resolves the distributorship issue…"

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