๐ŸŽฐ Penn National Gaming acquires Margaritaville | Bossier Press-Tribune

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The award-winning Margaritaville Resort Casino Bossier City provides an island-โ€‹style escape to make your getaway exceptional every time you visit.


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Penn and VICI are buying the resort from Bossier Casino Venture Inc., which is owned by Paul Alanis. For Penn, Margaritaville marks the.


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Penn National Gaming, Inc. (PENN: Nasdaq) (โ€œPenn Nationalโ€ or the to acquire the operations of Margaritaville Resort Casino in Bossier City, Louisiana social online gaming through its Penn Interactive Ventures division.


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Bossier Casino Venture, Inc., the owner and operator of Margaritaville Resort Casino Bossier City, announced today that it has entered into a.


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the Margaritaville Resort Casino during the pendency of the closing; risks that the Company may not Source: Bossier Casino Venture, Inc.


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The rent coverage ratio in the first year after closing is expected to be 1. Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. Log In Sign Up.{/INSERTKEYS}{/PARAGRAPH} {PARAGRAPH}{INSERTKEYS}Timothy J. The Company does not intend to update publicly any forward-looking statements except as required by law. The Company also offers social online gaming through its Penn Interactive Ventures division. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business, there can be no assurance that actual results will not differ materially from our expectations. Contacts Penn National Gaming, Inc. Built in , Margaritaville Resort Casino is the premier venue for gaming, lodging, dining and entertainment experiences in Northern Louisiana. The property features 26, square feet of casino space, hotel rooms, an island-style escape theme, 6 restaurants and food and beverage outlets, a 15, square foot 1,seat theater and 9, square feet of meeting space. William J. About Penn National Gaming Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. With a purchase multiple of 5. Penn National Gaming, Inc. At March 31, , in aggregate, Penn National Gaming operated approximately 36, gaming machines, table games and 4, hotel rooms. Jaffoni, Richard Land penn jcir. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur.