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Penn National Gaming Inc. Message Board

  • dundarra dundarra Mar 27, 2004 3:32 PM Flag

    Maine

    Maine's slots regulation bill is slowly, oh so slowly, working its way through the state legislature. Penn is being a good corporate citizen, standing back, letting it happen.

    As Clifford said a couple days ago, Bangor has the potential to be a "nice" property, but the market there is too small to become a major factor. The real prize in Maine is Scarborough, whose market would extend down to north Boston, and which has the potential to be a "home run". Nothing will happen with Scarborough for at least a couple years, but Penn's aim is to do a first class job with Bangor, including working closely and well with state and local government, prove their facility is a community asset in all respects (tax revenues, jobs, economic development, corporate philanthropy), then take another shot at Scarborough in the future. (Incidentally, Penn hosted a Maine delegation at Charles Town about 2 weeks which went very well, Mainers left very impressed.)

    Our company thinks long term. There is no reason to rush. God bless them.

    http://www.bangornews.com/editorialnews/article.cfm/ID/419608

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    • I agree. Company is totally focused on long term. If PNRC runs into problems with its horsemen; new area would be nice, new start. It isn't the mgmt that causes problems. If others will not help, go somewhere else and start anew. Damn good foresight, just in case. Protects/ensures success for Gov. That's what it's all about in long run.

 
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