2025.12.16
casino n.sThe Federal Trade Commission (FTC) needs further information to approve the Penn National Gaming Pinnacle Entertainment takeover, but Penn CEO Timothy Wilmott predicts ultimate victory.””During the takeover announcement in December, Penn National CEO Timothy Wilmott admitted the alignment would likely spark a lengthy FTC review.free slot games on google playThe shortfall in expectations had been largely down to “accounting corrections,” according to the company.“This was a very complex four-party caesar casino online patransaction and we took a look holistically at the deal and what we needed [in order] to handle regulatory approval at the state and federal level,” the chief executive explained.8 billion acquisition of Pinnacle Entertainment is still scheduled to be completed in the latter half of 2018, but a second request for “additional information and documentary materials” by the US Federal Trade Commission (FTC) threatens to delay the takeover process.free slot games captain treasures my choice casinos in ohioblack hawk casino near denver5 million ( million), just half the figure expected.(Image: Reading Eagle)In filings this week with the Securities and Exchange Commission (SEC), Penn National revealed that the FTC has yet to conclude that its purchase of Pinnacle will not violate antitrust laws, which mandate that merging companies do “not adversely affect US commerce.”“Their accusations are baseless and will simply waste the time and resources of the FCA, which has far more important things to focus on.doubledown casino ios”“Their accusations are baseless and will simply waste the time and resources of the FCA, which has far more important things to focus on.'”Odds Favor ApprovalDespite the complexity of the merger, Penn National expects to receive FTC approval in the coming months.Its assumption of Pinnacle will only increcaesar casino online paase its industry dominance.aliante casino promotions coushatta casino in kinderonline casino no deposit bonus moneyThe shortfall in expectations had been largely down to “accounting corrections,” according to the company.Sportech sold the iconic Football Pools in June but failed to find a buyer for the rest of its operations, which caused a meltdown of its stock on the LSE on Wednesday.8 billion acquisition of Pinnacle Entertainment is still scheduled to be completed in the latter half of 2018, but a second request for “additional information and documentary materials” by the US Federal Trade Commission (FTC) threatens to delay the takeover process.Shares in Sportech, the former owner of the UK’s Football Pools, nosedived on the London Stock Exchange on Wednesday, wiping more than 50 percent off the company’s market cap.”Regional Monopoly ConcernsShould the acquisition go through, Penn National will emerge with 41 total properties in 20 jurisdictions in North America.free slots hot shots ruby bolts e vorkath |