Penn National Gaming Completes Acquisition of Hollywood Casino Perryville Operations
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Penn National Gaming Completes acquisition of Hollywood Casino Perryville Operations.
Penn National has completed the acquisition of the operations of Hollywood Casino Perryville in Maryland. The acquisition received final approval from the Maryland Lottery and Gaming Control Commission on May 27, 2021. Allie Evangelista has been appointed as General Manager of Perry County. Matt Heiskell will now oversee operations at the Company’s Hollywood casinos in Mississippi. The Company expects to introduce a Barstool Sportsbook-branded retail sports book at Hollywood. Casino and mobile app to players across Maryland as well.
Penn National Gaming has 42 properties across 20 states. Its properties feature approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms. The Company's interactive division, Penn Interactive, operates retail sports betting and online social casino, bingo, and iCasino products. In February 2020, the Company entered into a strategic partnership with Barstool Sports. BarStool is promoting the company's land-based and on-line casinos and sports bets to its national audience.
Penn National Gaming Completes Acquisition of Hollywood Casino Perryville Operations. This press release contains forward-looking statements. These statements are subject to risks and uncertainties. The Company cautions that the forward looking statements contained herein are qualified by important factors that could cause actual results to differ from those reflected by such statements and are discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. and subsequent Quarterly Reports on Forms 10, Q1 and Current Reports On Form 8- K.
