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casino near me elgin ilIt’s an off-election, a strange time,” McDevitt told the Press of Atlantic City. It’s an off-election, a strange time,” McDevitt told the Press of Atlantic City. LLC and BofA Securities have 30 days to purchase up to another .5 million worth of equity and .5 million of convertibles.Raising CashWhen Penn National delivered first-quarter results last week, the company said it has 0.7 million in cash on its balance sheet as of the end of March.However, the operator is still burning through million per month, as its gaming venues across the US remain shuttered by the coronavirus pandemic, indicating the capital raises announced today are perhaps essential should the company face an extended zero-revenue environment.Penn operates 41 gaming properties in 19 states, all of which have been closed since mid-March. seminole casino tier points“You’ve got people on the other side screaming ‘change, change.’ In the political world, Obama made the word ‘change’ popular. J.B. (Image: Reuters)The company said it’s selling 0 million worth of common stock, a move that dilutes current investors by bringing new shares to market, explaining why Penn stock is lower by 2.33 percent at this writing. sam s town casino mystic falls

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