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twitterGaming company reports profit
Tuesday, Oct. 26, 2004 | 10:54 a.m.
MORGANTOWN, W.Va. -- Penn National Gaming Inc., parent of the Charles Town Races & Slots, reported a third-quarter gain of $17.2 million today.
That translates to 41 cents per share on revenue of $288.7 million for the period ended Sept. 30. Those results are up from $13.6 million, or 34 cents per share, on revenue of $271 million for the same period last year.
Those figures do not reflect the company's recent decision to sell Pocono Downs near Wilkes-Barre, Pa., to an American Indian tribe for $280 million.
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