seven feathers indian casino oregonIt will create a regional casino powerhouse of 41 casino properties, operating some 53,500 slots, 1,300 table games, and 8,300 casino hotel rooms.FTC Green Light Includes ConditionsNevada’s endorsement came a day after the deal had been approved by the US Federal Trade Commission, on condition of the sale of four Pinnacle properties in Missouri, Indiana, and Ohio to Nevada-based Boyd Gaming.PNG and Pinnacle agreed to sell the properties to Boyd last year for 5 million, anticipating the FTC would have concerns about PNG’s market regional dominance in those three states.PNG currently operates 28 properties in 16 states. The Gaming Commission, which had been monitoring hearing by teleconference, then asked a few additional questions before approving the recommendation, also unanimously.Strategic MoveIn Nevada, PNG will acquire the HorseshU Hotel & Casino and Cactus Petes Casino Resort, both in Jackpot, Nevada, close to the Idaho border.PNG owns the Tropicana Las Vegas and M Resort in the city of Henderson. The Gaming Commission, which had been monitoring hearing by teleconference, then asked a few additional questions before approving the recommendation, also unanimously.Strategic MoveIn Nevada, PNG will acquire the HorseshU Hotel & Casino and Cactus Petes Casino Resort, both in Jackpot, Nevada, close to the Idaho border.PNG owns the Tropicana Las Vegas and M Resort in the city of Henderson. nearest casino in san diegoThe Pennsylvania-based company will also acquire Pinnacle’s corporate headquarters in Las Vegas.The deal is the latest in a series of mergers and acquisitions in the US gambling industry in recent years as companies look to consolidate their resources, increase scale and reach, diversify their business, and capitalize on recent legalization of gaming in certain states.“We’re seeing these mergers all over the place, but these are important moves,” said Tony Alamo, chairman of Nevada Gaming Commission, as reported by Stutz. On Wednesday, Nevada became the 14th and final state to approve the .8 billion acquisition of Pinnacle Entertainment by Penn National Gaming (PNG). The Pennsylvania-based company will also acquire Pinnacle’s corporate headquarters in Las Vegas.The deal is the latest in a series of mergers and acquisitions in the US gambling industry in recent years as companies look to consolidate their resources, increase scale and reach, diversify their business, and capitalize on recent legalization of gaming in certain states.“We’re seeing these mergers all over the place, but these are important moves,” said Tony Alamo, chairman of Nevada Gaming Commission, as reported by Stutz. is angel of the winds casino open now

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