Penn National Gaming completes Hollywood Casino Perryville acquisition

Penn National Gaming has completed its previously announced takeover of Hollywood Casino Perryville

Penn National Gaming has completed its previously announced takeover of Hollywood Casino Perryville.

In December 2020, William Penn National reached a determinate concord with Gaming and Leisure Properties (GLPI) to acquire the operations of the gambling casino inward Maryland.

The concord was for $31.1m inward hard currency and on Thursday, Penn National entered into a take with GLPI for the real landed estate assets at the casino.

Jay Snowden, President and CEO of Penn National, said: “Penn National is excited to re-enter the strong Maryland gaming securities industry and to once once again operate Hollywood Casino Perryville, a prop we highly-developed inwards 2010.”

Snowden to boot noted that the acquisition of Hollywood Casino Perryville will append a “twentieth gaming jurisdiction to our leading nationwide footprint.”

To reenforcement the fresh acquired property, Penn National has named Allie Evangelista as General Manager.

Evangelista to the highest degree latterly served as General Manager at Penn National’s Hollywood Gaming at Mahoning Valley Race Course inwards Ohio.

Meanwhile, the electric current General Manager of Hollywood Casino Perryville, Matt Heiskell, will supervise operations at the company’s Hollywood Casino Tunica and the 1st Jackpot Casino inward Mississippi.

Snowden said: “We are thrilled to receive both unexampled and former Team Members to the Penn National family, and looking at forward to hitting the strand running, in what promises to be an exciting clip next the recent legalisation of sports wagering in Maryland.

“This acquisition provides yet another chance for Penn National to expand our unique omnichannel platform, as we wait to introduce a Barstool Sportsbook-branded retail sportsbook at Hollywood Casino Perryville and mobile app to players crosswise Maryland.”