motel 6 near thunder valley casinoPenn is buying Pinnacle, but this is a merger.”ence actions have been filed to date, and 34 of those were voluntarily dismissed. Penn National Gaming CEO Tim Wilmott said Nevada was the final hurdle to completing the deal and he now expected it to be finalized “by mid-October.” (Image: Jeff Scheid/LVRJ)Following a special hearing of the Nevada Gaming Control Board and the Nevada Gaming Commission, PNG CEO Tim Wilmott said the company expects to close transaction in mid-October.The number of states required to sign off this deal reflects its grand scale. mgm grand casino jobsThe 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). Penn is buying Pinnacle, but this is a merger.”seven feathers casino careers

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