Penn National Gaming Announces Agreement with Bally Gaming to Provide Prairie State Gaming Customers Next-Generation Video Ga...
December 22 2015 - 4:35PM
Business Wire
Penn National Gaming, Inc. (PENN:Nasdaq) (“Penn National” or the
“Company”) today announced an agreement with Bally Gaming, Inc., a
subsidiary of Scientific Games Corporation (SGMS:Nasdaq),
(“Scientific Games”) that will enable the Company’s Illinois route
operation, Prairie State Gaming (“PSG”), to offer its network of
270 bar and retail gaming establishments across the state the very
latest video gaming terminal (“VGT”) product in the market today,
as well as exclusive new premium game content.
The award winning WMS Blade™ gaming terminals from Scientific
Games support an entire suite of customized premium games and play
mechanics. Powering this game library is the new CPU-NXT® 3
processor, which facilitates game-changing experiences with
unparalleled excitement and stunning detail. The Blade cabinet’s
immersive player experiences are intensified by cutting-edge
hardware and technology. Two closely placed, high-definition, 23”
LCD monitors deliver unparalleled visual impact, while an
integrated premium sound system immerses players with brilliant
quality and clarity. The Blade cabinet’s every detail, down to the
cabinet’s state-of-the-art materials and finishes, has been
carefully considered and precisely executed - setting a new
standard of excellence for player interface design.
The Blade video gaming cabinets are scheduled to be released to
the Illinois VGT market in January 2016. The initial rollout will
include eight popular game themes, which will later be expanded
with two game titles exclusive to PSG, including “Life of Luxury®,”
which is an iconic game brand, and a new version based on “Alice
& the Mad Tea Party,” which has been designed to mirror the
excitement of one of the best performing VGT games in the state,
“Bier Haus®.”
“We’re pleased to be able to offer our bar and retail gaming
establishments the next generation of one of the industry’s most
popular game platforms,” said John Canham, General Manager of
Prairie State Gaming. “In addition, having two exclusive premium
brand titles will further position PSG as one of Illinois’ top VGT
operators.”
Mr. Jay Snowden, Chief Operating Officer for Penn National
Gaming, added: “This agreement is a great example of how Penn
National can leverage its status as the nation’s largest regional
gaming operator into a direct benefit for PSG’s bar and retail
gaming establishment customers in Illinois. In addition to these
next-generation games and exclusive content, Penn National looks
forward to continuing to provide our nearly two decades of industry
leading experience in operating electronic casino games, marketing
and compliance in highly regulated environments.”
About Penn National Gaming
Penn National Gaming owns, operates or has ownership interests
in gaming and racing facilities with a focus on slot machine
entertainment. At September 30, 2015, the Company operated
twenty-seven facilities in seventeen jurisdictions, including
Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Maryland,
Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio,
Pennsylvania, Texas, West Virginia, and Ontario. At September 30,
2015, in aggregate, Penn National Gaming’s operated facilities
featured approximately 34,000 gaming machines, 800 table games and
4,600 hotel rooms.
About Prairie State Gaming
Prairie State Gaming (PSG) is one of the largest, most respected
video gaming terminal operators in the State of Illinois. PSG’s
operations include more than 1,100 gaming terminals across a
network of 270 bar and retail gaming establishments across the
state. PSG is proud of its strong track record of regulatory
compliance and has built a reputation for reliable around the clock
service backed by one of the industry’s most experienced teams.
With its strong financial position, PSG has also distinguished
itself in the Illinois VGT industry for its ability to quickly roll
out new games to customers.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by the use of forward
looking terminology such as “expects,” “believes,” “estimates,”
“projects,” “intends,” “plans,” “seeks,” “may,” “will,” “should” or
“anticipates” or the negative or other variations of these or
similar words, or by discussions of future events, strategies or
risks and uncertainties, including future plans, strategies,
performance, developments, acquisitions, capital expenditures, and
operating results. Actual results may vary materially from
expectations. These forward looking statements are inherently
subject to risks, uncertainties and assumptions about Penn National
Gaming and its subsidiaries, including risks related to the
implementation and ultimate success of the products and services
referenced herein, and, accordingly, any forward looking statements
are qualified in their entirety by reference to the factors
discussed in the Company’s Annual Report on Form 10-K for the year
ended December 31, 2014, as well as any subsequent Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K, each as filed
with the United States Securities and Exchange Commission. The
Company does not intend to update publicly any forward-looking
statements except as required by law. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed
in this press release may not occur.
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version on businesswire.com: http://www.businesswire.com/news/home/20151222005990/en/
For Penn National Gaming, Inc.Eric Schippers, 610-378-8321
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