May 9, 2007

Penn National halts work at slots site

Bangor Daily News, ME -As it stands, the company pays the state a 1 percent tax on its gross slot machine income, or "coin in," as well as a 39 percent state tax on its net income ...<br><img src="/images/chart_7777cc3.gif" class="ticker-icon" width="14" height="12"><a href="http://finance.google.com/finance?q=PENN&client=news" class="rich">PENN</a><a href="http://www.wmdt.com/wires/displaystory.asp?id=61390942" id=r-7_1116168671>Virginia company pleads guilty in illegal gambling machine caseA </a><br>WMDT, MD - 1 hour ago<br>... of America reached a more than 4 (m) million dollar civil settlement with the federal government for having the illegal slot machines at its truck stops.

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