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4. The Meadows operator sold

1 min read
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On Dec. 18, Las Vegas-based Pinnacle Entertainment – which had operated The Meadows Racetrack & Casino since September 2016 following the North Strabane Township gaming and entertainment venue’s sale in late 2015 by Cannery Casino Resorts to Wyomissing-based Gaming and Leisure Properties – was itself acquired by Penn National Gaming, also based in Wyomissing.

When the $2.8 billion deal, announced Dec. 18, closes in the second half of 2018, Penn National will own The Meadows and a dozen other Pinnacle-operated properties in the Midwest and Southeast, adding to its status as one of the larger regional casino owners in the country.

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