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Penn National Gaming Inc. Message Board

  • dundarra dundarra Feb 1, 2004 3:43 PM Flag

    Illinois bid

    PA slots by Friday, per Finster's "2 weeks Proclamation". I'm putting the champagne on ice. :)

    I'm with moralcare on the Illinois bid. Economics make no sense to me at this point. You can't just say, "Well, Penn management is shrewd so it must be OK".

    What I worry about most is Penn management getting cocky, believing they can do anything, anywhere, anytime and be as sucessful as they have been in the past. I've seen it many times before, and it can wreck a company. Debt can crush a company, and quickly, if things work out just a little worse than expected. Hollywood Shreveport?

    Should be an interesting conference call on Tuesday.

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