black hawk casino hotel dealsQuarter SurprisePenn National execs say the coronavirus stimulus from federal and state governments has helped the casino operator mitigate the economic damage caused by the health crisis.Penn stock jumped 12 percent on the news, shares trading at as of Thursday afternoon.Shares of Penn National Gaming (NASDAQ: PENN) soared today after the regional casino giant revealed its second quarter revenue easily beat analyst estimates.mountaineer casino resortPenn additionally operates online gambling and mobile sports betting and holds a 36 percent stake in Barstool Sports.Snowden told investors and analysts that no single state accounts for more than 15 percent of its revenue, and that has “proven to be a significant benefit.Along with providing a financial update, Penn National revealed Thursday that it would be extending medical benefits to all furloughed workers through the end of the month.hollywood casino golf course

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blackjack karten zahlen online casinoAll of its casinos are once again open, with two exceptions — Zia Park Casino Hotel & Racetrack in New Mexico, and Tropicana Las Vegas.SunTrust Robinson Humphrey gaming analyst Barry Jonas said last month that he’s bullish on regional gaming companies, such as Penn.Quarter SurprisePenn National execs say the coronavirus stimulus from federal and state governments has helped the casino operator mitigate the economic damage caused by the health crisis.is running aces openSnowden also said the company is investing in new technologies that reduce reliance on physical cash inside its casinos.”We believe the company is uniquely well-positioned to benefit from the recent strength in regional gaming markets,” added the CEO.Penn additionally operates online gambling and mobile sports betting and holds a 36 percent stake in Barstool Sports.liberty slots no deposit promo code

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bovada casino best oddsThe company is working alongside state regulatory agencies on implementing such technologies.”People are looking for things to do, and that’s part of why spend per visit and time per visit has been so strlas atlantis casino appong,” Snowden told investors on a call this morning.Penn National Gaming is racing back from the coronavirus, the company seeing an uptick in younger visitors.The chief executive believes casinos are being targeted by younger groups because most movie theaters remain closed, and sports are being held without fans.“Despite starting the second quarter with our entire property portfolio closed because of the COVID-19 pandemic, we ended the quarter in a significantly improved financial position as a result of continued mitigation efforts that contributed to significant margin improvement, a successful capital raise, and very strong financial performance at our properties since reopening,” Penn National CEO Jay Snowden said.seminole casino careers