Article: Kevin DeSanctis to be hired to run new casino.

Byline: Suzette Parmley

Oct. 6--The gambling arm of Morgan Stanley is expected to announce the hiring of Kevin DeSanctis, the president and chief operating officer of Penn National Gaming Inc., to operate its proposed $1-billion-plus casino project in Atlantic City. DeSanctis, 53, considered a key strategist behind Penn National's explosive growth, announced in late July that he would leave the firm by year's end to form his own gambling company, called Revel Entertainment. Three people knowledgeable about the negotiations say Revel beat out other contenders to operate the Morgan Stanley casino, including Hard Rock Casinos. "It's a done deal," said a person ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!