Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and
casino gaming
A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...
. 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
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active.
Charact ...
of
Gaming and Leisure Properties, a
real estate investment trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping ce ...
.
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
Thoroughbred racing is a sport and industry involving the racing of Thoroughbred horses. It is governed by different national bodies. There are two forms of the sport – flat racing and jump racing, the latter known as National Hunt racing in ...
with
parimutuel wagering
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winnin ...
. 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
Erie (; ) is a city on the south shore of Lake Erie and the county seat of Erie County, Pennsylvania, United States. Erie is the fifth largest city in Pennsylvania and the largest city in Northwestern Pennsylvania with a population of 94,831 at ...
area businessmen,
and the Pennsylvania National Turf Club, established by a group of Central Pennsylvania investors.
The Turf Club was awarded one of the licenses, and soon began construction on
Penn National Race Course
Hollywood Casino at Penn National Race Course is a thoroughbred horse racing track and casino in Grantville, Pennsylvania, east of Harrisburg. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment.
The track opene ...
.
The complex included a motor speedway, which held its first races in 1971, and the horse track, which opened in 1972.
Pitt Park Raceway, meanwhile, was denied in its initial application, but received one of a second round of licenses issued in 1970.
The first Pitt Park racing meet opened in 1971 at
The Meadows, an existing
harness racing
Harness racing is a form of horse racing in which the horses race at a specific gait (a trot or a pace). They usually pull a two-wheeled cart called a sulky, or spider, or chariot occupied by a driver. In Europe, and less frequently in Austral ...
track. Pitt Park lost half a million dollars in its first meet, leading its owners to sell the company to a group of investors, including Philadelphia insurance businessman Peter D. Carlino. After another unsuccessful season at The Meadows, Pitt Park changed its name to the Mountainview Thoroughbred Racing Association and moved to Penn National Race Course.
Starting in 1973, as a tenant of the Turf Club, Mountainview held 100 nights of racing there each year.
Reorganization and renaming to Penn National Gaming
In 1982, Carlino purchased Penn National Race Course from the financially struggling Turf Club.
The Turf Club continued to operate its own racing meet each year, now as a tenant of Carlino.
The companies involved with Penn National Race Course were reorganized in 1994 in preparation for an
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 investme ...
.
PNRC Corp., which had been incorporated in 1982, was renamed as Penn National Gaming, with Mountainview and the Turf Club as its subsidiaries.
Carlino's son, Peter M. Carlino, who had earlier managed Mountainview, was Penn National's first CEO, a position he held until 2013. In May 1994, Penn National Gaming became a
public company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( l ...
via an
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 investme ...
on the
Nasdaq
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
, raising $18 million to pay down debt and fund construction of
off-track betting parlors.
Expansion (1996–2021)
Penn National expanded beyond its first racetrack with the acquisitions of
Pocono Downs in 1996,
Charles Town Races in 1997, and, in 1999, a half interest in
Freehold Raceway
Freehold Raceway is a half-mile racetrack in Freehold Borough, New Jersey, and is the oldest racetrack in the United States. Horseraces have been taking place at Freehold Raceway since the 1830s. The Monmouth County Agricultural Society was fo ...
and the operations of
Garden State Park.
The company acquired its first standalone casino properties in 2000, buying
Casino Magic Bay St. Louis
Hollywood Casino Gulf Coast (formerly Casino Magic Bay St. Louis) is a casino hotel complex in Bay St. Louis, Mississippi, owned by Gaming and Leisure Properties and operated by Penn Entertainment.
History
The property was first opened by Casi ...
and
Boomtown Biloxi
A boomtown is a community that undergoes sudden and rapid population and economic growth, or that is started from scratch. The growth is normally attributed to the nearby discovery of a precious resource such as gold, silver, or oil, although t ...
from
Pinnacle Entertainment
Pinnacle Entertainment, Inc. was an American gambling and hospitality company. It was acquired by Penn National Gaming in 2018. At the time of acquisition, it operated sixteen casino properties, located in Colorado, Indiana, Iowa, Louisiana, Miss ...
for $201 million. This was followed in 2001 by the acquisition of Carnival Resorts & Casinos, including ownership of
Casino Rouge in
Baton Rouge, Louisiana
Baton Rouge ( ; ) is a city in and the capital of the U.S. state of Louisiana. Located the eastern bank of the Mississippi River, it is the parish seat of East Baton Rouge Parish, Louisiana's most populous parish—the equivalent of count ...
and the management contract for
Casino Rama
Casino Rama is a large casino, hotel, and entertainment complex located in the town of Rama, Ontario on the reserve land of the Chippewas of Rama First Nation. It is jointly owned by the Chippewas of Rama First Nation and the Ontario Lottery a ...
in Ontario. Next, in 2002, it bought the Bullwhackers Casino in
Black Hawk, Colorado
Black Hawk is a home rule municipality located in Gilpin County, Colorado, United States. The city population was 127 at the 2020 United States Census, making Black Hawk the least populous city (rather than town) in Colorado. The tiny city is ...
from the
Hilton Group for $6.5 million.
In 2003, Penn National bought
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, own ...
for $328 million plus $360 million in assumed debt, gaining three casinos in
Aurora, Illinois
Aurora is a city in the Chicago metropolitan area located partially in DuPage, Kane, Kendall, and Will counties in the U.S. state of Illinois. Located primarily in DuPage and Kane counties, it is the second most populous city in Illinois, af ...
;
Tunica, Mississippi
Tunica is a town in and the county seat of Tunica County, Mississippi, United States, near the Mississippi River. Until the early 1990s when casino gambling was introduced in the area, Tunica had been one of the most impoverished places in the Un ...
; and
Shreveport, Louisiana. The acquisition, which doubled Penn National's revenues, was part of a continuing strategy to shift away from the horse racing business and into the casino business.
The company planned to rebrand its other properties under the Hollywood Casino name.
In 2005, Penn National acquired
Argosy Gaming Company for $1.4 billion plus $791 million in assumed debt, adding five casinos and one horse track to its portfolio (not including the
Argosy Baton Rouge
The Belle of Baton Rouge is a riverboat casino and hotel in Baton Rouge, Louisiana. It is owned by Gaming and Leisure Properties and operated by CQ Holding.
Facilities
The casino boat is a , four-deck sternwheeler built by Avondale Shipyard. ...
, which was quickly sold to satisfy
antitrust concerns). The purchase again doubled Penn National's size, making it, at the time, the third largest publicly held gaming company in the country (behind
MGM Mirage and
Harrah's Entertainment
Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven g ...
).
In November 2006, a deal for Penn National Gaming to acquire Harrah's Entertainment fell through.
In 2007, Penn National acquired the
Zia Park racino in
Hobbs, New Mexico for $200 million.
An attempt in 2007 to take the company private with a $6.1 billion buyout fell through for prospective buyers
Fortress Investment Group
Fortress Investment Group is an American investment management firm based in New York City. Fortress was founded as a private equity firm in 1998 by Wes Edens, Rob Kauffman, and Randal Nardone. When Fortress launched on the NYSE in February ...
and
Centerbridge Partners.
In November 2012, Penn National announced a plan to spin off a new
real estate investment trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping ce ...
(REIT) with ownership of most of its properties, in an effort to reduce taxes and cost of capital, and overcome license ownership restrictions. The REIT owned the land and buildings for 21 of Penn National's 29 casinos and racetracks; Penn National continued to operate all but two of the properties under a lease agreement. The spin-off was completed on November 1, 2013, creating
Gaming and Leisure Properties, Inc.
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company ...
(GLPI).
As of June 2022, the GLPI trust owned over 50 casino properties, which it leased to companies including Caesars Entertainment, Boyd Gaming Corp., Casino Queen, and Cordish Cos.
In July 2013, Penn National sold the Bullwhackers Casino to a local investor group.
In April 2015, the company agreed to purchase the
Tropicana Las Vegas
The Tropicana Las Vegas is a casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Bally's Corporation, on land leased from Gaming and Leisure Properties. It offers 1,467 rooms, a gaming floor, and of convent ...
for $360 million.
In August 2016, the company agreed to purchase
Rocket Games
A rocket (from it, rocchetto, , bobbin/spool) is a vehicle that uses jet propulsion to accelerate without using the surrounding air. A rocket engine produces thrust by reaction to exhaust expelled at high speed. Rocket engines work entirel ...
for $60 million.
In May 2017, Penn National acquired the operating assets of
Bally's Casino Tunica and
Resorts Casino Tunica for a total of $44 million, and leased the two casinos from GLPI, which had simultaneously purchased the real estate assets.
In October 2018, the company acquired
Pinnacle Entertainment
Pinnacle Entertainment, Inc. was an American gambling and hospitality company. It was acquired by Penn National Gaming in 2018. At the time of acquisition, it operated sixteen casino properties, located in Colorado, Indiana, Iowa, Louisiana, Miss ...
for $2.8 billion in cash and stock.
To ensure regulatory approval for the deal, Pinnacle sold four of its properties to
Boyd Gaming prior to the merger.
The result was the addition of twelve new properties to Penn National's holdings, all of them leased from GLPI. In connection with the sale, Penn National sold the real estate of
Plainridge Park Casino
Plainridge Park Casino is a harness racing track and slot machine parlor in Plainville, Massachusetts. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment.
History Background and license (1990s)
In 1997, Massachusett ...
to GLPI for $250 million.
In 2019, Penn National made two purchases in conjunction with
Vici Properties. Penn National bought the operating businesses of the
Margaritaville Resort Casino in Louisiana and
Greektown Casino–Hotel in Detroit for $115 million and $300 million, respectively, while Vici bought both properties' real estate assets and leased them to Penn.
On January 29, 2020, the company purchased a 36% stake in
Barstool Sports for $163 million. The company also has an option in the deal to increase its stake to control or full ownership in three years.
During the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified ...
, Penn faced the prospect of financial issues brought on by resort closures. As a result, Penn sold the land occupied by the Tropicana Las Vegas to GLPI. Penn sold the land for $337.5 million in rent credits, and the sale was finalized in April 2020. Penn continued to operate the Tropicana until 2022, when it was sold to
Bally's Corporation. Throughout 2021, Penn launched its Barstool Sportsbook mobile app in twelve states. This included Pennsylvania, Michigan, Illinois, Iowa, New Jersey, and Indiana. The app provides online sports betting for 20 sports.
In August 2021, Penn National agreed to acquire
Score Media and Gaming Inc., a digital media company, for $2 billion. The companies have had a strategic partnership since 2019. Score Media operates theScore app, a top sports media app, which provides sports scores, news, and betting information to users.
In September 2021, Penn National opened a career center at Hollywood Casino Morgantown.
Penn Entertainment (2022 to present)
In February 2022, Penn National announced a strategic partnership with Sports Betting Exchange in Louisiana. In April 2022, theScore’s online sports betting platform and app, theScore Bet, started taking bets in Canada and became the official gaming partner of the Toronto Blue Jays.
In August 2022, the company changed its name to Penn Entertainment to reflect its diversification into sports content and other entertainment. That same month, the company announced it was purchasing the remainder of the Barstool shares and taking full control of the digital media company.
Properties
Owned and operated
*
Freehold Raceway
Freehold Raceway is a half-mile racetrack in Freehold Borough, New Jersey, and is the oldest racetrack in the United States. Horseraces have been taking place at Freehold Raceway since the 1830s. The Monmouth County Agricultural Society was fo ...
–
Freehold, New Jersey (50% ownership)
*
Hollywood Casino at Kansas Speedway
Kansas Speedway is a tri-oval race track in the Village West area near Kansas City, Kansas, United States. It was built in 2001 and it currently hosts two annual NASCAR race weekends. The IndyCar Series also held races at the venue until ...
–
Kansas City, Kansas
Kansas City, abbreviated as "KCK", is the third-largest city in the U.S. state of Kansas, and the county seat of Wyandotte County. It is an inner suburb of the older and more populous Kansas City, Missouri, after which it is named. As of ...
(50% ownership)
* Sam Houston Race Park Ltd. (50% ownership)
**
Sam Houston Race Park
Sam Houston Race Park is a horse racing track located in unincorporated northwest Houston, Texas, United States. The park hosts both Thoroughbred and American Quarter Horse racing each year. The track strives to be a multi-purpose venue, hosting ...
–
Houston, Texas
**
Valley Race Park –
Harlingen, Texas
*
Sanford–Orlando Kennel Club –
Longwood, Florida
Leased or managed
*
Ameristar Casino Council Bluffs
Ameristar Casino Hotel Council Bluffs is a riverboat casino in Council Bluffs, Iowa, on the Missouri River directly across from Omaha, Nebraska. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment.
The property ...
—
Council Bluffs, Iowa
Council Bluffs is a city in and the county seat of Pottawattamie County, Iowa, United States. The city is the most populous in Southwest Iowa, and is the third largest and a primary city of the Omaha-Council Bluffs Metropolitan Area. It is loc ...
*
Ameristar Casino Hotel East Chicago —
East Chicago, Indiana
East Chicago is a city in Lake County, Indiana, United States. The population was 29,698 at the 2010 census. The city is home of the Indiana Harbor and Ship Canal, an artificial freshwater harbor characterized by industrial and manufacturing ac ...
*
Ameristar Casino Vicksburg —
Vicksburg, Mississippi
Vicksburg is a historic city in Warren County, Mississippi, United States. It is the county seat, and the population at the 2010 census was 23,856.
Located on a high bluff on the east bank of the Mississippi River across from Louisiana, Vic ...
*
Ameristar Casino Resort Spa Black Hawk
Ameristar Casino Resort Spa Black Hawk is a casino and hotel in Black Hawk, Colorado, owned by Gaming and Leisure Properties and operated by Penn Entertainment.
History
Plans for the casino were revealed in 1997 by Windsor Woodmont, a company ...
—
Black Hawk, Colorado
Black Hawk is a home rule municipality located in Gilpin County, Colorado, United States. The city population was 127 at the 2020 United States Census, making Black Hawk the least populous city (rather than town) in Colorado. The tiny city is ...
*
Argosy Casino Alton –
Alton, Illinois
Alton ( ) is a city on the Mississippi River in Madison County, Illinois, United States, about north of St. Louis, Missouri. The population was 25,676 at the 2020 census. It is a part of the River Bend area in the Metro-East region of the ...
*
Argosy Casino Riverside –
Riverside, Missouri
Riverside is a city in Platte County, Missouri and is part of the Kansas City metropolitan area within the United States. The population was 2,937 at the 2010 census.
History
Riverside lies on the edge of the Missouri River and was formally ...
*
Boomtown Biloxi
A boomtown is a community that undergoes sudden and rapid population and economic growth, or that is started from scratch. The growth is normally attributed to the nearby discovery of a precious resource such as gold, silver, or oil, although t ...
–
Biloxi, Mississippi
Biloxi ( ; ) is a city in and one of two county seats of Harrison County, Mississippi, United States (the other being the adjacent city of Gulfport). The 2010 United States Census recorded the population as 44,054 and in 2019 the estimated pop ...
*
Boomtown Bossier City —
Bossier City, Louisiana
Bossier City ( ) is a city in Bossier Parish in the northwestern region of the U.S. state of Louisiana in the United States. It is the second most populous city in the Shreveport–Bossier City metropolitan statistical area. In 2020, it had ...
*
Boomtown New Orleans
Boomtown New Orleans (formerly Boomtown Westbank) is a casino hotel located on the West Bank of Jefferson Parish in Harvey, Louisiana. It is on a site. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment.
Casino
Boomto ...
—
Harvey, Louisiana
*
Cactus Petes Resort Casino —
Jackpot, Nevada
*
1st Jackpot Casino Tunica
1st Jackpot Casino Tunica (formerly Bally's) is a casino and former hotel in Tunica Resorts, Mississippi. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. The casino has of gaming space, with 899 slot machines and 1 ...
–
Tunica Resorts, Mississippi
*
Hollywood Casino Aurora –
Aurora, Illinois
Aurora is a city in the Chicago metropolitan area located partially in DuPage, Kane, Kendall, and Will counties in the U.S. state of Illinois. Located primarily in DuPage and Kane counties, it is the second most populous city in Illinois, af ...
*
Hollywood Casino Bangor
Hollywood Casino Hotel & Raceway Bangor (previously Hollywood Slots and Bangor Raceway) is a casino and harness racing track in Bangor, Maine. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. It was the first licens ...
–
Bangor, Maine
Bangor ( ) is a city in the U.S. state of Maine and the county seat of Penobscot County. The city proper has a population of 31,753, making it the state's 3rd-largest settlement, behind Portland (68,408) and Lewiston (37,121).
Modern Bangor ...
*
Hollywood Casino at Charles Town Races
Hollywood Casino at Charles Town Races is a casino, hotel and thoroughbred horse racing complex located in Charles Town, West Virginia, 60 miles (97 km) northwest of Washington D.C. It is owned by Gaming and Leisure Properties and ope ...
–
Charles Town, West Virginia
Charles Town is a city in Jefferson County, West Virginia, United States, and is also the county seat. The population was 5,259 at the 2010 census. It is named for its founder Charles Washington, youngest brother of President George Washingto ...
*
Hollywood Casino Columbus –
Columbus, Ohio
Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, an ...
*
Hollywood Casino at Greektown —
Detroit, Michigan
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at ...
*
Hollywood Casino Gulf Coast –
Bay St. Louis, Mississippi
Bay St. Louis is a city in and the county seat of Hancock County, Mississippi, in the United States. Located on the Gulf Coast on the west side of the Bay of St. Louis, it is part of the Gulfport–Biloxi Metropolitan Statistical Area. As of ...
*
Hollywood Casino Joliet
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 (disambiguation)
* Hollywoo ...
–
Joliet, Illinois
Joliet ( ) is a city in Will and Kendall counties in the U.S. state of Illinois
Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East sect ...
*
Hollywood Casino Lawrenceburg
Hollywood Casino Lawrenceburg is a casino in Lawrenceburg, Indiana, US, in the Cincinnati metropolitan area. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment.
History
The casino was originally named Argosy Casino, ...
–
Lawrenceburg, Indiana
Lawrenceburg is a city in Dearborn County, Indiana, United States. The population was 5,042 at the 2010 census. The city is the county seat and largest city of Dearborn County. Lawrenceburg is in southeast Indiana, on the Ohio River west of Ci ...
*
Hollywood Casino at Penn National Race Course –
Grantville, Pennsylvania
*
Hollywood Casino Perryville
Hollywood Casino Perryville is a casino in Perryville, Maryland, owned by Gaming and Leisure Properties (GLP) and operated by Penn Entertainment. It was the first casino to open in the state on September 17, 2010. It has a gaming floor of , wit ...
–
Perryville, Maryland
Perryville is a town in Cecil County, Maryland, United States. The population was 4,361 at the 2010 census. The town is located near an access for Interstate 95, on the north side of the outlet of the Susquehanna River.
History
Perryville was fi ...
*
Hollywood Casino St. Louis
Hollywood Casino St. Louis is a casino in Maryland Heights, Missouri, near St. Louis. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. The casino has of gaming space, with 2,180 slot machines and 91 table games.
...
–
Maryland Heights, Missouri
Maryland Heights is a second-ring north suburb of St. Louis, located in St. Louis County, Missouri, United States. The population was 27,472 at the 2010 census. The city was incorporated in 1985. Edwin L. Dirck was appointed the city's first ma ...
*
Hollywood Casino Toledo –
Toledo, Ohio
Toledo ( ) is a city in and the county seat of Lucas County, Ohio, United States. A major Midwestern United States port city, Toledo is the fourth-most populous city in the state of Ohio, after Columbus, Cleveland, and Cincinnati, and accordin ...
*
Hollywood Casino Tunica –
Tunica Resorts, Mississippi
*
Hollywood Casino York –
York, Pennsylvania
York (Pennsylvania Dutch: ''Yarrick''), known as the White Rose City (after the symbol of the House of York), is the county seat of York County, Pennsylvania, United States. It is located in the south-central region of the state. The populati ...
*
Hollywood Gaming at Dayton Raceway –
Dayton, Ohio
Dayton () is the sixth-largest city in the U.S. state of Ohio and the county seat of Montgomery County. A small part of the city extends into Greene County. The 2020 U.S. census estimate put the city population at 137,644, while Greater ...
*
Hollywood Gaming at Mahoning Valley Race Course –
Austintown, Ohio
*
Horseshu Hotel and Casino —
Jackpot, Nevada
*
L'Auberge Casino & Hotel Baton Rouge —
Baton Rouge, Louisiana
Baton Rouge ( ; ) is a city in and the capital of the U.S. state of Louisiana. Located the eastern bank of the Mississippi River, it is the parish seat of East Baton Rouge Parish, Louisiana's most populous parish—the equivalent of count ...
*
L'Auberge Casino Resort Lake Charles —
Lake Charles, Louisiana
Lake Charles (French: ''Lac Charles'') is the fifth-largest incorporated city in the U.S. state of Louisiana, and the parish seat of Calcasieu Parish, located on Lake Charles, Prien Lake, and the Calcasieu River. Founded in 1861 in Calcasi ...
*
M Resort –
Henderson, Nevada
Henderson is a city in Clark County, Nevada, United States, about southeast of downtown Las Vegas. It is the second largest city in Nevada, after Las Vegas, with an estimated population of 320,189 in 2019. The city is part of the Las Vegas Va ...
*
Margaritaville Resort Casino –
Bossier City, Louisiana
Bossier City ( ) is a city in Bossier Parish in the northwestern region of the U.S. state of Louisiana in the United States. It is the second most populous city in the Shreveport–Bossier City metropolitan statistical area. In 2020, it had ...
*
The Meadows Racetrack and Casino —
North Strabane Township, Pennsylvania
North Strabane Township is a township in Washington County, Pennsylvania, United States. The population was 15,691 at the 2020 census. The township is named after the town of Strabane in County Tyrone, Northern Ireland. The township borders t ...
*
Plainridge Park Casino
Plainridge Park Casino is a harness racing track and slot machine parlor in Plainville, Massachusetts. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment.
History Background and license (1990s)
In 1997, Massachusett ...
–
Plainville, Massachusetts
*
Retama Park —
Selma, Texas
Selma is a city in Bexar, Comal, and Guadalupe Counties in the U.S. state of Texas. It is part of the San Antonio metropolitan statistical area. Its population was 10,952 at the 2020 census, up from 5,540 at the 2010 census. Selma was settled by ...
*
River City Casino —
St. Louis, Missouri
*
Zia Park Casino –
Hobbs, New Mexico
Former
*
Argosy Casino Sioux City
Argosy Casino Sioux City was a riverboat casino located on the Missouri River in Sioux City, Iowa. It was owned by Penn National Gaming.
History
The first riverboat, the Sioux City Sue, opened in January 1993 after a couple of other licenses for ...
–
Sioux City, Iowa
Sioux City () is a city in Woodbury and Plymouth counties in the northwestern part of the U.S. state of Iowa. The population was 85,797 in the 2020 census, making it the fourth-largest city in Iowa. The bulk of the city is in Woodbury County, ...
(closed)
*
Beulah Park –
Grove City, Ohio
Grove City is a city in Franklin County, Ohio, United States which was founded in 1852. It is a suburb of Columbus. The population was 41,252 according to the 2020 Census.
History
Until the mid-19th century, the area that is now Grove City was a ...
(closed)
*
Bullwhackers Casino –
Black Hawk, Colorado
Black Hawk is a home rule municipality located in Gilpin County, Colorado, United States. The city population was 127 at the 2020 United States Census, making Black Hawk the least populous city (rather than town) in Colorado. The tiny city is ...
(sold)
*
Casino Rama
Casino Rama is a large casino, hotel, and entertainment complex located in the town of Rama, Ontario on the reserve land of the Chippewas of Rama First Nation. It is jointly owned by the Chippewas of Rama First Nation and the Ontario Lottery a ...
–
Rama, Ontario (management contract terminated July 2018)
[
* Hollywood Casino Baton Rouge – ]Baton Rouge, Louisiana
Baton Rouge ( ; ) is a city in and the capital of the U.S. state of Louisiana. Located the eastern bank of the Mississippi River, it is the parish seat of East Baton Rouge Parish, Louisiana's most populous parish—the equivalent of count ...
(spun off)
* Hollywood Casino Jamul – Jamul, California (management contract terminated)
* Hollywood Casino Shreveport – Shreveport, Louisiana (lost to bankruptcy)
* Raceway Park – Toledo, Ohio
Toledo ( ) is a city in and the county seat of Lucas County, Ohio, United States. A major Midwestern United States port city, Toledo is the fourth-most populous city in the state of Ohio, after Columbus, Cleveland, and Cincinnati, and accordin ...
(closed)
* Resorts Casino Tunica – Tunica Resorts, Mississippi
* Tropicana Las Vegas
The Tropicana Las Vegas is a casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Bally's Corporation, on land leased from Gaming and Leisure Properties. It offers 1,467 rooms, a gaming floor, and of convent ...
– Paradise, Nevada
Paradise is an unincorporated town and census-designated place (CDP) in Clark County, Nevada, United States, adjacent to the city of Las Vegas. It was formed on December 8, 1950. Its population was 191,238 at the 2020 census, making it the f ...
(sold)
References
External links
*
{{Philadelphia Corporations
1994 initial public offerings
Companies based in Berks County, Pennsylvania
Companies listed on the Nasdaq
Gambling companies of the United States
Horse racing companies
Hospitality companies of the United States