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PENN PENN Entertainment Inc

17.40
-1.65 (-8.66%)
15 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PENN Entertainment Inc NASDAQ:PENN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.65 -8.66% 17.40 15.00 19.95 18.88 16.935 18.82 9,349,663 05:00:00

Penn National Gaming And Carnival Cruise Lines Form Strategic Alliance

07/01/2014 3:00pm

PR Newswire (US)


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MIAMI and WYOMISSING, Pa., Jan. 7, 2014 /PRNewswire/ -- Penn National Gaming, Inc. (NASDAQ: PENN), one of North America's largest casino operators, and Carnival Cruise Lines, the world's most popular cruise line, and a brand of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), announced today that they have formed an alliance to offer an array of cruise benefits to players club members at 18 Penn National-operated casinos in the United States.

Beginning in mid-April, guests of Penn National's casinos will be eligible to receive complimentary Caribbean and Mexican cruises or other cruise offers and discounts throughout the year aboard Carnival's 24 ships based on their level of play. 

"With more than 1,500 cruises annually and a dozen year-round North American embarkation ports, Carnival gives our casinos an exciting new opportunity to thank and reward players' club members for their loyalty," said Gaye Gullo, corporate vice president of marketing, Penn National Gaming. "In the near future, we will extend cruise benefits and promotions to virtually all our reward card holders, so they can choose from dozens of exciting ports of call."

Carnival destinations include beautiful ports throughout the Caribbean, Bahamas, Mexico, and other destinations. 

"We are excited to partner with Penn National Gaming, one of the elite gaming organizations in the world. Penn National players will not only experience the best casino operation at sea, but we also look forward to providing the amenities, accommodations and service they have come to expect as loyal Penn National players," said Marty Goldman, Carnival's senior vice president of casino operations.

About Penn National Gaming

Penn National Gaming, through its subsidiaries, owns, operates or has ownership interests in gaming and racing facilities with a focus on slot machine entertainment. The Company presently operates twenty-six facilities in seventeen jurisdictions, including Florida, Illinois, Indiana, Iowa, Kansas, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. In aggregate, Penn's operated facilities feature approximately 31,000 gaming machines, 800 table games and 2,900 hotel rooms.

About Carnival Cruise Lines

Carnival, a unit of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), is "The World's Most Popular Cruise Line®" with 24 ships operating three- to 23-day voyages to The Bahamas, Caribbean, Mexican Riviera, Alaska, Hawaii, Canada, New England, Panama Canal, New Zealand, the Pacific Islands and Tahiti. The company's 25th ship, the 135,000-ton Carnival Vista, is scheduled to enter service in 2016.

  

SOURCE Carnival Cruise Lines

Copyright 2014 PR Newswire

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