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PENN Entertainment Announces Groundbreaking Ceremony for New Hotel at Hollywood Casino Columbus
WYOMISSING, Pa. & COLUMBUS, Ohio--(BUSINESS WIRE)-- PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a
About this update from Penn Entertainment, Inc.
[{"type":"text","content":" WYOMISSING, Pa. & COLUMBUS, Ohio--(BUSINESS WIRE)--\nPENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for a new hotel at Hollywood Casino Columbus on November 28, 2023 at 1pm ET.\n\n\n“We are thrilled to soon begin construction on a new, state-of-the-art hotel at Hollywood Casino Columbus,” said Jay Snowden, CEO and President of PENN Entertainment. “Since opening in 2012, our Columbus property has experienced tremendous growth, and the addition of a hotel at Hollywood Casino Columbus will create a true regional destination.”\n\n\nThe hotel, with an estimated budget of approximately $100 million, will be attached to the existing property and will add hundreds of construction jobs and approximately 100 new permanent jobs upon opening. The hotel is expected to include 180 rooms, meeting space, an additional restaurant, and local partnerships and amenities that will be announced at a later date.\n\n\n“We are elated to be celebrating this day with our team members, supporters, and key stakeholders,” said Rick Skinner, Vice President & General Manager of Hollywood Casino Columbus. “We can’t wait to begin hiring new team members and welcoming more visitors from around the region to showcase our new hotel and the excitement of Hollywood Casino Columbus.”\n\n\nThe new hotel is part of a previously announced plan consisting of four new growth projects that include new land-based casinos in Aurora and Joliet, Illinois; and an additional hotel tower in Henderson, Nevada. The City of Aurora will be providing $50 million in funding for the project there, and Gaming and Leisure Properties, Inc. has committed up to $575 million towards the overall $850 million budget for all four growth projects.\n\n\nAbout Hollywood Casino Columbus\n\n\nOperated by Penn Entertainment., Hollywood Casino Columbus is conveniently located off I-270 West and is open 24 hours a day, seven days a week. The 160,000 square foot gaming facility features 1700 slot machines, 70 table games, a retail sportsbook and the largest poker room in Central Ohio. Dining options include The Lounge at Final Cut Steak & Seafood, Mikey’s LateNight Slice, Dirty Frank’s Hot Dog Palace, Zen Noodle, Wahlburgers and Sportsbook Restaurant. Hollywood Casino Columbus also offers more than 16,000 square feet of multi-...