Hollywood Casino York Opening August 12, Most Expensive Pennsylvania Satellite

Grace Seow -

Hollywood Casino House of York is go down to open up to the superior general public on Thursday, August 12. The gambling casino is taking the infinite of what was formerly the Sears department hive away at the House of York genus Galleria Mall.

Penn National Gaming (PNG) was adamantly against Pennsylvania’s 2017 Gaming Expansion Act. The bill, among other young forms of gaming, authorized Category 4 casinos. The so-called “mini-casino” licenses were ab initio auctioned off only if to stream cassino operators.

PNG, despite its opposite to the unexampled cassino licenses, nonetheless won the first-class honours degree auction off round off with a monumental $50.1 trillion bid. William Penn selected Springettsbury Township for its new casino venue.

The countdown to our grand curtain raising begins today,” said Ruben Warren, vice chairman and full general manager of Hollywood Casino York. “We’re really excited to soon welcome patrons to this beautiful unexampled property, where they’ll be capable to experience premiere gaming, dining, and entertainment.”

Hollywood Casino House of York testament open up with 500 expansion slot machines and 24 tabularise games. The 80,000-square-foot venue will additionally feature film Pennsylvania’s first-class honours degree Barstool Sportsbook, plus a effortless eatery and bar. Penn’s $120.1 1000000 on Hollywood Casino York is inclusive of its summons fee price.

Prior to its August 12 opening, Hollywood House of York testament hold ii invite-only prove days. Proceeds from those days will follow precondition to local charities.

Penn’s Big Bet

Penn National Gaming made its $50.1 zillion conjure during the first-class honours degree Category 4 vendue round of drinks in Jan of 2018. Its end was to piddle sure it could pickax Springettsbury and the York area. PNG explained that House of York is a major thoroughfare for its patrons at Hollywood Casino at Penn National Race Course in Grantville, Pa.

Hollywood at William Penn National relies on northern Old Line State for a substantial portion of its visitors. Allowing a competitor to band up a artificial satellite casino in York, PNG reasoned, would greatly impact its Grantville casino.

“It was an investment we matt-up like we had to micturate to protect a major securities industry area for our cassino [at William Penn National Race Course]. That cannibalization would feature been, in our view, really significant,” explained Eric Schippers, Penn National’s senior vice prexy of public affairs.

Before Hollywood House of York opens, however, PNG says they demand to a greater extent help. William Penn is offering to train people to get tabular array biz dealers, and will devote them a $1,000 fillip on their world-class paycheck. After 90 days of employment, tabularise biz dealers testament have an additional $500 award.

Satellite Costs

PNG paid $10 1000000 to a greater extent than any other cassino society did for a Category 4 license inward the state.

Satellite Winner – Location – Bid Price

  1. Penn National Gaming, York County $50.1 million
  2. Stadium Casino, LLC, Hempfield Township $40.1 million
  3. Mount Airy Casino Resort, Beaver County $21.18 million
  4. Parx Casino, Shippensburg Township 8.11 million
  5. Penn National Gaming, Berks County $7.5 million

Following no qualifying bids inward Sep of 2019, the Keystone State Gaming Control Board opened upwardly the unconscious process to head teacher investors inward i of the state’s 13 full-scale casinos. Pennsylvania man of affairs and Penn State University ammonium alum Ira Lubert, who holds a ternary percent ownership stake in Rivers Casino Pittsburgh, won the 6th orbiter vendue around with a bidding of $10,000,101.