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Penn National retains casino ownership
Sunday, February 24, 2008 at 10:53:42 AM
The Illinois Gaming Board ruled Wednesday that Penn National Gaming Inc. may retain ownership of the Empress Casino Joliet.
The Wyomissing firm acquired the casino in October 2005 as part of its acquisition of Argosy Gaming Co. and at that time agreed to divest the property due to concerns over undue economic concentration.
The deadline for divestiture had been extended from December 2006 to June. Meanwhile, the company had asked the board to reconsider the matter.
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