loss of more than 80 percent<\/a>.<\/strong><\/p>\nAs a result of the coronavirus, the casino operator has closed properties in Pennsylvania, Iowa, Kansas, Colorado, Mississippi, Louisiana, Maine, Michigan, New Mexico, Indiana, Massachusetts, Illinois, and Ohio.<\/p>\n
The gaming industry, along with travel and hospitality industries, are campaigning to be included in any government bailout stemming from COVID-19.<\/p>\n
“It appears increasingly likely that the federal government will step in to help the various sectors of the hospitality industry, as well as the airlines,” Mikael Ahlgren, director of Gaming Initiatives at Penn State University, recently told Casino.org<\/i>. “The support is likely to come in various forms, including direct payments, as well as various loan programs.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Penn National Gaming is suspending construction at its two satellite casinos in York and Morgantown, Pennsylvania, because of the COVID-19 pandemic. Headquartered in Pennsylvania, Penn National is the largest regional casino operator in the United States. The company says that as a result of Pennsylvania Governor Tom Wolf’s (D) call for a statewide shutdown of […]<\/p>\n","protected":false},"author":25,"featured_media":130350,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[],"acf":[],"yoast_head":"\n
Penn National Gaming Halts Construction of PA Satellite Casinos<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n