Bangor Approves Permanent Racino
As reported by the Associated Press: "The Bangor City Council unanimously
approved a series of agreements to pave the way for a $70 million permanent
slots facility that will eventually replace the temporary Hollywood Slots
that has been in operation since November.. "Penn National Gaming Inc. has
been operating a temporary slots facility with 475 machines at the former
Miller's Restaurant. Its permanent facility will have 1,500 slot machines
and will generate at least $2.1 million a year for the city of Bangor. "
"Penn National's permanent racino will include a parking garage, restaurant
and retail space. Penn's off-track betting operation will also be housed in
the new facility. "Construction on the new complex will begin in 2007 or
2008."
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