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The Poarch Band of the American Indians has several casinos across the Southeast. Their gaming arm, Wind Creek Hospitality, owns four casinos in Alabama and Pennsylvania and the Pensacola Greyhound Park. The Poarch Band also owns Renaissance Hotels in Aruba and the Wa She Shu Casino in Gardnerville, Nevada. The Poarch Band recently announced plans to expand their gambling offerings in Alabama by investing $225 million in the casino industry.
The Lodge at Turning Stone is a historic destination located in Verona, New York. The resort is within a half-hour drive of Syracuse and Utica. It’s also just a short drive from Verona Beach State Park and the International Boxing Hall of Fame. The Lodge is open 24 hours a day. There’s free shuttle service and a casino on site. In addition, you’ll find many restaurants and lounges.
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As the gaming industry continues to evolve, more casinos are trying new strategies to attract customers and retain existing customers. Penn National recently announced the acquisition of Greektown Casino-Hotel in Detroit, Michigan from JACK Entertainment, LLC. This transaction was financed with cash on hand and incremental borrowings under the Company’s revolving credit facility. While the acquisition has caused concerns in the gaming industry, the company expects to realize significant synergies from the transition.
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