|
Hollywood Casino Corp.
Hollywood Casino Corp. was a gaming company based in Dallas, Texas. It was acquired in 2003 by Penn National Gaming for $328 million plus $360 million in assumed debt. In the early 1990s, as legalized gambling spread to new states, the Pratts, owners of Sands Atlantic City, established Hollywood Casino Corp. (HWCC) to develop new casinos under the Hollywood Casino name. At the time of its initial public offering in 1993, HWCC owned an 80 percent stake in Pratt Hotel. The company made its initial public offering in May 1993. Its first riverboat casino opened in Aurora, Illinois the next month. In January 1994, Hollywood acquired a casino being built in Tunica County, Mississippi from Summit Casinos for $15 million, and it opened in August. A casino in Shreveport, Louisiana was opened in December 2000. List of properties * Hollywood Casino Aurora – Aurora, Illinois * Hollywood Casino Shreveport – Shreveport, Louisiana * Hollywood Casino Tunica – Tunica Resorts, Mississippi * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dallas, Texas
Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County with portions extending into Collin, Denton, Kaufman and Rockwall counties. With a 2020 census population of 1,304,379, it is the ninth most-populous city in the U.S. and the third-largest in Texas after Houston and San Antonio. Located in the North Texas region, the city of Dallas is the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link to the sea. The cities of Dallas and nearby Fort Worth were initially developed due to the construction of major railroad lines through the area allowing access to cotton, cattle and later oil in North and East Texas. The construction of the Interstate Highway System reinforced Dallas's prominen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penn National Gaming
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gaming. It operates 43 properties in 20 states, online sports betting in 14 jurisdictions and iCasino in five under the brands Hollywood Casino, L’Auberge, Barstool Sportsbook, and theScore Bet. The company also owns a 36% stake in Barstool Sports. In 2013, Penn completed the corporate spin-off of Gaming and Leisure Properties, a real estate investment trust. History Background and early history (1968–1994) Beginning: Pitt Park Raceway, Inc. and the Pennsylvania National Turf Club In 1967, Pennsylvania enacted a law allowing thoroughbred horse racing with parimutuel wagering. Two companies that later formed part of Penn National Gaming were founded in 1968 by groups seeking one of the four available racing licenses: Pitt Park Raceway, Inc., formed by several Erie area businessmen, and the Pennsylvania Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sands Atlantic City
Sands Atlantic City was a casino and hotel that operated from August 13, 1980 until November 11, 2006 in Atlantic City, New Jersey. It was formerly known as the Brighton Hotel & Casino. It consisted of a 21-story hotel tower with 532 rooms and a 5-story podium housing the casino and various other amenities. It was adjacent to The Claridge Hotel and its parking garage was adjacent to the Madison Hotel. History Construction and opening The first Brighton Hotel (originally named the Brighton Cottage) was opened in 1876 on the site that would eventually become the Sands. It was demolished in 1959. The Brighton Hotel & Casino was built at a cost of $70 million by Greate Bay Casino Corporation, controlled by two local businessmen, Eugene Gatti and Arthur Kania. It opened on August 13, 1980. The Brighton was the fourth property to open following the 1977 legalization of casinos in Atlantic City, and the first to be built from the ground up, rather than as a renovation of an existin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aurora, Illinois
Aurora is a city in the Chicago metropolitan area located partially in DuPage County, Illinois, DuPage, Kane County, Illinois, Kane, Kendall County, Illinois, Kendall, and Will County, Illinois, Will counties in the U.S. state of Illinois. Located primarily in DuPage and Kane counties, it is the List of cities in Illinois#Most populous places, second most populous city in Illinois, after Chicago, and the List of United States cities by population, 144th most populous city in the United States. The population was 197,899 at the 2010 United States Census, 2010 census, and was 180,542 as of the 2020 United States census, 2020 Census. Founded within Kane County, Aurora's city limits have expanded into DuPage, Kendall, and Will counties. Once a mid-sized manufacturing city, Aurora has grown since the 1960s. From 2000 to 2009, the U.S. Census Bureau ranked the city as the 46th fastest growing city with a population of over 100,000. In 1908, Aurora adopted the nickname "City of Lights" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tunica County, Mississippi
Tunica County is a county located in the U.S. state of Mississippi. As of the 2020 census, the population was 9,782. Its county seat is Tunica. The county is named for the Tunica Native Americans. Most migrated to central Louisiana during the colonial period. Tunica County is part of the Memphis, TN-MS-AR Metropolitan Statistical Area. It is located in the Mississippi Delta region. Since the late 20th century, it is known for Tunica Resorts (formerly Robinsonville), an unincorporated community that is the site of six casino resorts. It is one of the top six destinations in the country in terms of gambling revenues. Geography According to the U.S. Census Bureau, the county has a total area of , of which is land and (5.4%) is water. Major highways * Interstate 69 * U.S. Route 61 * Mississippi Highway 3 * Mississippi Highway 4 Adjacent counties * Crittenden County, Arkansas (north) * DeSoto County (northeast) * Tate County (east) * Panola County (southeast) * Qui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shreveport, Louisiana
Shreveport ( ) is a city in the U.S. state of Louisiana. It is the third most populous city in Louisiana after New Orleans and Baton Rouge, respectively. The Shreveport–Bossier City metropolitan area, with a population of 393,406 in 2020, is the fourth largest in Louisiana, though 2020 census estimates placed its population at 397,590. The bulk of Shreveport is in Caddo Parish, of which it is the parish seat. It extends along the west bank of the Red River (most notably at Wright Island, the Charles and Marie Hamel Memorial Park, and Bagley Island) into neighboring Bossier Parish. The United States Census Bureau's 2020 census tabulation for the city's population was 187,593, though the American Community Survey's census estimates determined 189,890 residents. Shreveport was founded in 1836 by the Shreve Town Company, a corporation established to develop a town at the juncture of the newly navigable Red River and the Texas Trail, an overland route into the newly independent R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hollywood Casino Aurora
Hollywood Casino Aurora was originally a riverboat casino located on the Fox River in Aurora, Illinois, a western suburb of Chicago. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. Casino information Hollywood Casino Aurora opened in 1993 as Hollywood Casino Corp.'s first riverboat casino. The casino's ownership transferred to Penn National Gaming (now Penn Entertainment) after its acquisition of Hollywood Casino Corp. in 2003. Two riverboats were first used, replaced by a 70,000 square feet floating, moored, half-circle structure. The casino has 53,000 square feet of gaming space and over 1,000 slot machines and 26 table games. 1 restaurant on the property, Fairbanks Steakhouse. To comply with Illinois law, it is not open 24 hours a day and is smoke-free. A law in the Illinois senate which would allow non-riverboat casinos has been favored by Penn National, as it is interested in moving the Aurora casino to an area near the Chicago Premium Outl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hollywood Casino Shreveport
Hollywood usually refers to: * Hollywood, Los Angeles, a neighborhood in California * Hollywood, a metonym for the cinema of the United States Hollywood may also refer to: Places United States * Hollywood District (other) * Hollywood, Alabama, a town in Jackson County * Hollywood, Homewood, Alabama and Hollywood Historic District, a former town and a historic district * Hollywood, Florida, a coastal city in Broward County * Hollywood, Georgia, an unincorporated community in Habersham County, Georgia * Hollywood, Maryland * Hollywood, Minnesota * Hollywood Township, Carver County, Minnesota * Hollywood, Mississippi * Hollywood (Benoit, Mississippi), * Hollywood, Missouri * Hollywood, New Mexico, a neighborhood of Ruidoso, Lincoln County, New Mexico * Hollywood, Portland, Oregon, a neighborhood in Portland, Oregon * Hollywood, Luzerne County, Pennsylvania * Hollywood, Montgomery County, Pennsylvania * Hollywood, South Carolina * Hollywood, Memphis, Tennessee * Hollywood ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hollywood Casino Tunica
Hollywood Casino Tunica is a casino and hotel located in Tunica Resorts, Mississippi. History Casinos were brought to Tunica County, Mississippi in the early 1990s as a revenue stream to improve the conditions at the time. At one point, Tunica County held the distinction of being the poorest county in the United States. The casinos in general brought in a host of jobs and revenue to the area, and had risen to become one of the larger gaming markets in the country at one time. The Hollywood Casino began under the name Summit Casino, originally one of four planned for the Commerce Landing area of Tunica. While under construction, Hollywood Casino Corp. bought the casino project from Summit Casinos International for $15 million. At the time, Hollywood Casino Corp. owned the Sands Atlantic City and had opened a riverboat casino in Aurora, Illinois, the Hollywood Casino Aurora, the year before. Hollywood opened in Tunica on August 8, 1994, becoming the ninth casino in Tunica and join ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.svg "Click for more on -> Dallas, Texas")
