> "Frank" <frank@> wrote:
> In their defense, ownership changed after the machines
> were put in.
> "caribou321" <caribou321@...> wrote:
> What are you talking about? Ownership changed last
> year, not during the life of these progressives!
> http://articles.philly.com/2010-10-09/business/24980841_1_casino-gambling-space-eric-schippers
In October 2010 Penn National took ownership of only the M Resort's debt. Unfortunately a news release went out, picked-up by philly.com and a lot of others, saying that Penn National took ownership of the casino.
On June 1, 2011 after getting regulatory approval, Penn National officially took control of the hotel-casino. Anthony Marnell was appointed president but has no ownership interest.
The correct information is in this 6/1/11 LVRJ article: http://www.lvrj.com/business/m-resort-officially-acquired-by-penn-national-gaming-122936233.html
