WYOMISSING, Pa. & COLUMBUS, Ohio–PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for a new hotel at Hollywood Casino Columbus on November 28, 2023 at 1pm ET.
“We are thrilled to soon begin construction on a new, state-of-the-art hotel at Hollywood Casino Columbus,” said Jay Snowden, CEO and President of PENN Entertainment. “Since opening in 2012, our Columbus property has experienced tremendous growth, and the addition of a hotel at Hollywood Casino Columbus will create a true regional destination.”
The hotel, with an estimated budget of approximately $100 million, will be attached to the existing property and will add hundreds of construction jobs and approximately 100 new permanent jobs upon opening. The hotel is expected to include 180 rooms, meeting space, an additional restaurant, and local partnerships and amenities that will be announced at a later date.
“We are elated to be celebrating this day with our team members, supporters, and key stakeholders,” said Rick Skinner, Vice President & General Manager of Hollywood Casino Columbus. “We can’t wait to begin hiring new team members and welcoming more visitors from around the region to showcase our new hotel and the excitement of Hollywood Casino Columbus.”
The new hotel is part of a previously announced plan consisting of four new growth projects that include new land-based casinos in Aurora and Joliet, Illinois; and an additional hotel tower in Henderson, Nevada. The City of Aurora will be providing $50 million in funding for the project there, and Gaming and Leisure Properties, Inc. has committed up to $575 million towards the overall $850 million budget for all four growth projects.
