Article: Penn National plans expansion, Company to build hotel in Charles Town

THE ASSOCIATED PRESS

MORGANTOWN - Building on a record year, Penn National Gaming Inc. announced it will continue investing in its West Virginia and Pennsylvania operations, with plans for a $240 million overhaul of one facility and a new hotel at Charles Town Races & Slots.

Penn National, based in Wyomissing, Pa., plans a $10 million, 150- room hotel and a 2,700-space parking garage for the West Virginia track this year, as well as the addition of 200 slots, Chairman and CEO Peter Carlino said. Another 500 machines will be added in 2006 for a total of 4,500.

As it prepares to cash in on a new slot machine law in Pennsylvania, Penn National has also begun construction on a $240 million, ...

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