Hollywood Casino steigt u. steigt, wer hat nähere Infos - 500 Beiträge pro Seite

[kassenkarli]

Wer hat mehr Infos von Hollywood Casinos?
Die Aktie steigt fast ohne Unterbrechung überdimensional, und das auch noch bei vorauss. niedrigem KGV!
regards
Kassenkarli

[tuffel]

Wer hat Infos zu dieser Firma? Kann leider nicht so gut englisch.
Bitte um Hilfe.

[Broker223]

Hollywood Casino betreibt mehrere Themencasinos in den USA. Der Wert sieht sowohl charttechnisch als auch fundamental äußerst gut aus.
Nähere Informationen gibt es hier: http://www.hoovers.com/co/capsule/7/0,2163,14737,00.html
Man sollte aber direkt in den USA kaufen, da hier so gut wie kein Umsatz ist.
Gruß Broker223

[tuffel]

Bin seit gestern investiert,sieht eigentlich alles positiv aus, wenn es auch wenige Informationen gibt.Erholung, Reisen, Gesundheit und Spaß sind im Trend der Zeit.
Vor allem aber erwirtschaftet HWD Geld.

[Broker223]

Der beste Wert in meinem Depot.
Wenn ich mir den Chart ansehe wir mir warm ums Herz.
Top-Aktie.
Infos am besten bei www.hoovers.com
Gruß Broker223

[Broker223]

So, das 4. Casino ist in Betrieb genommen worden. Der Aktienkurs hat sich auch wieder erholt. Hier im Board besteht leider nur sehr wenig Interesse für Hollywood Casino.
Gruß Broker223

[Broker223]

WYOMISSING, Penn. and DALLAS, Aug. 7 --
Penn National Gaming, Inc. (Nasdaq: PENN) announced today that it has entered
into a definitive agreement to acquire Hollywood Casino Corporation
(Amex: HWD) for total consideration of approximately $780 million. The total
consideration is net of Hollywood Casino`s cash and cash equivalents of
approximately $136 million and includes approximately $569 million of long-
term debt of Hollywood Casino and its subsidiaries. Under the terms of the
agreement, Hollywood Casino will merge with a wholly-owned subsidiary of Penn
National, and Hollywood Casino stockholders will receive cash in the amount of
$12.75 per share at closing.
Hollywood Casino and its subsidiaries own and operate Hollywood-themed
casino entertainment facilities in Aurora, Illinois; Tunica, Mississippi; and
Shreveport, Louisiana. Following the proposed acquisition of Hollywood
Casino, Penn National will own six dockside gaming facilities, a pari-mutuel
horse racing facility with slots, a land-based casino, two pari-mutuel horse
racing operations and eleven off-track wagering sites and hold a casino
management contract for an international casino. The combined company will be
the seventh largest public gaming company in the U.S. with annual revenues in
excess of $1 billion. Penn National believes the transaction will be
accretive to its operating results upon closing based on its analysis of
Hollywood Casino`s assets and their prospects, as well as expected financial
and operating synergies.
The transaction has been approved by the Boards of Directors of both Penn
National Gaming, Inc. and Hollywood Casino Corporation. The transaction is
subject to a vote by stockholders of Hollywood Casino, gaming authorities and
other regulatory approvals (including expiration of the applicable Hart-Scott-
Rodino waiting period) and other customary closing conditions, and is
expected to be consummated in the first half of 2003. Certain stockholders of
Hollywood Casino who control approximately 50.3% of its outstanding shares
have agreed to vote in favor of the transaction.
Commenting on the transaction, Peter M. Carlino, Chief Executive Officer
of Penn National, said, "The acquisition of these well established properties
represents a significant growth and expansion opportunity for Penn National
and is attractive both strategically and financially. The acquisition, which
almost doubles our revenue base, is expected to be accretive to our operating
results upon closing, builds the critical mass of our gaming operations and
further diversifies the geographic reach of our operations without any overlap
with our existing properties.
"We believe Hollywood`s assets will prove to be excellent additions to
Penn National. Hollywood Casino`s Aurora facility recently completed a major
expansion and the company`s $230 million Shreveport resort has only been in
operation for a year and a half. As a result, neither of these properties
will require major near term capital investments to expand or refurbish these
facilities. In both cases these properties are viewed as the premier facility
in their respective market and have access to major metropolitan feeder
markets of Chicago and Dallas. Hollywood Tunica has proven to be a consistent
performer with over 500 rooms, ample meeting space, an 18-hole championship
golf course and is an attractive destination resort. Like its Aurora and
Shreveport counterparts, the Tunica casino is a superior quality facility that
will require very modest near-term capital expenditures. Our vision is to
blend the successful operating and management disciplines of both companies to
generate improved financial performance over prior year periods. Finally, in
Hollywood Casino we are acquiring a solid brand with widespread recognition
that can be applied to other Penn National assets to drive marketing programs
and efficiencies."
Edward T. Pratt III, Chairman and Chief Executive Officer of Hollywood
Casino Corporation, continued, "The Board and management of Hollywood Casino
are very pleased to announce this transaction. The significant value our
shareholders will be receiving reflects the culmination of several years of
hard work by many dedicated employees of Hollywood. The $12.75 per share
purchase price clearly reflects the tremendous value that Hollywood Casino has
created for its shareholders. The terms of the transaction provide Hollywood
Casino shareholders with a 34% premium to the closing price of our stock on
June 27, 2002, the day before we publicly disclosed that the company had been
conducting a sale process. We are confident that our superior quality
facilities will continue to generate impressive operating results under Penn
National.
"In addition to being a terrific transaction for our shareholders, we
think the merger of our two companies provides our employees with a tremendous
opportunity. The combined company will be a large, diversified gaming company
with a bright future. We are pleased to note that after the merger our
properties will continue to operate under the Hollywood Casino brand. We also
understand that Penn National`s existing properties plan to adopt the
Hollywood Casino name and theme after the merger."

Hollywood Casino Corporation owns and operates:

-- Hollywood Casino - Aurora, arguably the finest gaming and
entertainment product in the Chicago marketplace. The 117,000 square
foot dockside casino and entertainment facility is located in Aurora,
Illinois, approximately 35 miles west of downtown Chicago. The
property recently opened a new spectacular dockside casino that
replaced its two original, four level riverboat casinos. The dockside
casino has 53,000 square feet of gaming space on a single level
featuring 1,105 slot machines and 36 table games including the only
poker room in Chicago. The property also features the Hollywood Epic
Buffet (R), which offers the latest in presentation style cooking, the
Fairbanks (R) Steakhouse, the property`s gourmet steak restaurant and
a high-end player`s lounge.

-- Hollywood Casino - Tunica, a casino, hotel and entertainment complex
located in Tunica County, Mississippi, approximately 30 miles south of
Memphis, Tennessee. The Tunica Casino was designed to replicate a
motion picture sound stage and features a 54,000 square-foot, single-
level casino with approximately 1,600 slot machines and 40 table
games. The casino includes the Adventure Slots themed gaming area
featuring multimedia displays of memorabilia from famous adventure
motion pictures and over 200 slot machines. The Tunica Casino`s 505-
room hotel is currently undergoing an $8 million renovation which is
expected to be completed in mid-2003.

-- Hollywood Casino - Shreveport, a 229,000 square foot entertainment
facility located in Shreveport, Louisiana, approximately 180 miles
east of Dallas, Texas. The property is Shreveport`s first "true"
destination resort and is also the market`s first highly themed
facility, utilizing an art-deco Hollywood theme throughout the
property. The Shreveport resort features the largest dockside casino
in the Shreveport market, a 403-room, all-suite hotel, an elegant
land-based pavilion that includes a sixty-foot high atrium and
extensive restaurant and entertainment amenities. The property`s
dockside casino contains approximately 59,000 square feet of space
with approximately 1,422 slot machines and approximately 66 table
games. Located in the pavilion are the property`s acclaimed Epic
Buffet, Hollywood Diner and Fairbanks Steakhouse restaurants and its
state-of-the-art spa and fitness center.

Penn National has received financing commitments from Bear, Stearns & Co.
Inc. and Merrill Lynch & Co. to consummate the transaction which commitments
are subject to several customary conditions.
Lehman Brothers Inc. acted as financial advisor to Penn National Gaming
and Goldman, Sachs & Co. served as financial advisor to Hollywood Casino
Corporation in the transaction.
Penn National and Hollywood Casino will be hosting a conference call and
simultaneous webcast at 5:30 p.m. EDT today, both of which are open to the
general public. The conference call number is 800/215-4598; please call five
minutes in advance to ensure that you are connected prior to the presentation.
Questions and answers will be reserved for call-in analysts and investors.
Interested parties may also access the live call on the Internet at
http://www.companyboardroom.com ; allow 15 minutes to register and download and
install any necessary software. Following its completion, a replay of the
call can be accessed until August 20, by dialing 800/633-8284 or 402/977-9140
(international callers). The access code for the replay is 20814618. A
replay of the call can also be accessed for thirty days on the Internet via
http://www.companyboardroom.com .
Penn National Gaming owns and operates Charles Town Races in Charles Town,
West Virginia, which presently features 2,587 gaming machines (with approval
to offer 3,500 machines); two Mississippi casinos, the Casino Magic hotel,
casino, golf resort and marina in Bay St. Louis and the Boomtown Biloxi casino
in Biloxi; the Casino Rouge, a riverboat gaming facility in Baton Rouge,
Louisiana and the Bullwhackers properties in Black Hawk, Colorado. Penn
National also owns two racetracks and eleven off-track wagering facilities in
Pennsylvania and the racetrack at Charles Town Races in West Virginia, and
operates the Casino Rama, a gaming facility located approximately 90 miles
north of Toronto, Canada, pursuant to a management contract.
In addition to historical facts or statements of current condition, this
press release contains forward-looking statements made by Penn National or
Hollywood Casino (collectively, the "Companies") within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Some of these statements are
those regarding the accretive nature of the merger, synergies arising from the
merger, future capital expenditures, prospects for future growth, expectation
of continued acquisitions and optimism in light of current economic
conditions. These statements are subject to a number of risks and
uncertainties that could cause the statements made to be incorrect and the
actual results to differ materially. The Companies describe certain of these
risks and uncertainties in their filings with the Securities and Exchange
Commission, including their Annual Reports on Form 10-K for the year ended
December 31, 2001. Some of these risks include those relating to the ability
of the Penn National to integrate and manage facilities it acquires, risks
relating to the development and expansion of properties, risks of increased
competition and risks relating to the fact that they are heavily regulated by
gaming authorities. In addition, consummation of Penn National`s acquisition
of Hollywood Casino is subject to several conditions including the completion
of Penn National`s acquisition financing as well as the approval of various
governmental entities, including certain gaming regulatory authorities to
which the Companies are subject. Furthermore, the Companies do not intend to
update publicly any forward-looking statements except as required by law. The
cautionary advice in this paragraph is permitted by the Private Securities
Litigation Reform Act of 1995.
Hollywood Casino anticipates filing a proxy statement with the Securities
and Exchange Commission in the near future. Investors and security holders
will be able to obtain a free copy of this document when it becomes available
at the Commission`s web site http://www.sec.gov . STOCKHOLDERS OF HOLLYWOOD CASINO
SHOULD READ THE PROXY STATEMENT CAREFULLY BEFORE MAKING A DECISION REGARDING
THE TRANSACTION. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE PROXY
STATEMENT AND ANY OTHER RELEVANT DOCUMENTS RELATED TO THE TRANSACTION WHEN
THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

Conference Call: Today, August 7, 2002 at 5:30 p.m. EDT
Dial-in numbers: 800/215-4598
Webcast: http://www.companyboardroom.com

SOURCE Hollywood Casino Corporation







Web site: http://www.hollywoodcasino.com


Photo: http://www.newscom.com/cgi-bin/prnh/19981020/DATU064 PRNPhoto Desk, [phone] or [phone]


Company News On-Call: http://www.prnewswire.com/comp/118725.html



CONTACT: William J. Clifford, Chief Financial Officer of PennNational Gaming, Inc., [phone]; or Paul C. Yates, ChiefFinancial Officer of Hollywood Casino Corporation,[phone]; or Joseph N. Jaffoni of Jaffoni & CollinsIncorporated, [phone], or [e-mail]


CAPTION: DATU064 HOLLYWOOD CASINO LOGO Hollywood Casinologo. (PRNewsFoto)[TC] DALLAS, TX USA 03/01/2002