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PENN > SEC Filings for PENN > Form 8-K on 12-Mar-2014All Recent SEC Filings

Show all filings for PENN NATIONAL GAMING INC



Other Events, Financial Statements and Exhibits

Item 8.01. Other Events.

On March 10, 2014, Penn National Gaming, Inc. (the "Company") announced that the Company intends to break ground and begin construction of the Plainridge Park Casino in Plainville, Massachusetts on March 14, 2014. On February 28, 2014, the Massachusetts Gaming Commission (the "Commission") awarded the Commonwealth's only Category 2 gaming license to the Company in connection with the proposed Plainridge Park Casino. The Company intends to exercise its option to purchase the existing Plainridge Racecourse from Ourway Realty LLC and to commence construction of a permanent gaming facility at the racecourse, with an anticipated opening in 2015. The total cost of the project, inclusive of the cost to exercise the option and the $25 million gaming license fee, is expected to be $225 million. The Company's press release dated March 10, 2014 announcing this event is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Number                              Description

99.1      Press Release dated March 10, 2014 of Penn National Gaming, Inc.

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