Penn National Gaming Inc. (NASDAQ:PENN) Q1 2018 Earnings Conference Call - Final Transcript

Apr 26, 2018 • 09:00 am ET

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Penn National Gaming Inc. (NASDAQ:PENN) Q1 2018 Earnings Conference Call - Final Transcript

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Q & A
Executive
Unidentified Speaker

today, I would say let's just -- let's hold firm on what we said for 2019 and 2020, and we'll have more color in the coming quarters. But for now, early innings. And a lot of these things take time to materialize. Some of these ideas and initiatives are going to work and be really effective. Some won't, some will fail and we'll fix those quickly and move on. But for now, I would not assume that if we accelerate the 2018 margin to what we said we'd do in 2019 and you can just continue to fast forward everything from 2020 to 2019, and where is 2020 going to be, for now, let's keep 2019 and 2020 assumptions where they are and we'll keep everyone posted on how we're doing and how we're progressing on future calls.

Analyst
Chad Beynon

Okay. Makes sense. Congrats on the quarter. Thanks.

Executive
Unidentified Speaker

Thank you, Chad.

Operator
Operator

There are no further questions at this time. I will now turn the call back over to you, sir. Please continue with your presentation or closing remarks.

Executive
Unidentified Speaker

Thank you, operator. I want to thank everyone for your time this morning listening to our information regarding our earnings call. I look forward to getting back together in late July period. And as I said in my opening comments, we'll definitely have more specifics about the timing of the Pinnacle close at that time and also some more specifics about -- our thoughts about the location and level investment of these Category 4 licenses in Pennsylvania. Thanks again.

Operator
Operator

[Operator Closing Remarks]