Penn National To Acquire Operations Of Hollywood Casino

The acquisition of the operations at Hollywood Casino Perryville will expand Penn National’s footprint across US, making the total number of states where the casino operator is present to 20. The closing of the transaction is subject to approval of the state regulator, the Maryland Lottery and Gaming Commission , as well as other customary closing conditions, and is expected to happen in mid News for IT Professionals. Primary Menu. IT Business Net. About IT Business Net; Search for: Home. 2020. December. Penn National Gaming to Acquire Hollywood Casino Perryville Operations. News Penn (RTTNews) - Penn National Gaming, Inc. (PENN) has entered into a definitive agreement with Gaming and Leisure Properties, Inc. (GLPI) to acquire the operations of Hollywood Casino Perryville in Home Operator News Supplier News Legislation Interactive Events Reports Magazines Blog Videos. Operator News . US – Penn National buys Hollywood Casino Perryville in Maryland By Phil - 21 December 2020 Penn National Gaming is buying Hollywood Casino Perryville in Maryland for $31.1m from Gaming and Leisure Properties, giving it a stronger foothold in the upcoming sports betting market in Penn National Gaming, Inc. is getting its old casino back, thanks in part to online gambling. The Pennsylvania-based casino operator entered into a definitive agreement with Gaming and Leisure Properties, Inc. to acquire the operations of Hollywood Casino Perryville, MD for $31.1 million in cash, subject to working capital adjustments. “Penn National is excited to acquire the operations of Hollywood Casino Perryville, a property we developed in 2010, which will allow us to re-enter the strong Maryland gaming market and add a twentieth gaming jurisdiction to our leading nationwide footprint,” Jay Snowden, President and CEO of Penn National, said in a press release. Hollywood Casino Perryville is proud to be the very first gaming facility open in the state of Maryland. And since making our debut in September 2010, our dedicated team continues to deliver exciting gaming action, great dining, fabulous entertainment and a touch of the Hollywood experience in a friendly atmosphere that has kept our guests coming back again and again. Read More. Testimonials 'Penn National is excited to acquire the operations of Hollywood Casino Perryville, a property we developed in 2010, which will allow us to re-enter the strong Maryland gaming market and add a

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