Hollywood Casino Perryville, nestled in the heart of Maryland, stands as a beacon of entertainment and gaming. But who owns this iconic establishment? This article delves into the enigmatic world of ownership, tracing the lineage of Hollywood Casino Perryville's proprietors.
1. Who owns Hollywood Casino Perryville?
Hollywood Casino Perryville is owned by Penn National Gaming, Inc., a leading gaming and entertainment company in the United States. Penn National Gaming, founded in 1971, has a rich history of operating casinos, racetracks, and horse racing facilities across the country.
2. The history of Penn National Gaming
Penn National Gaming's journey began in 1971 when the company was founded by the late Peter M. Carlino and his son, Jay S. Carlino. Initially, the company operated a single racetrack in Pennsylvania. Over the years, it expanded its operations, acquiring and developing numerous gaming and entertainment properties.
3. The acquisition of Hollywood Casino Perryville
In 2007, Penn National Gaming acquired Hollywood Casino Perryville from Pinnacle Entertainment, Inc. The acquisition marked a significant milestone for the company, as it expanded its presence in the Mid-Atlantic region. Since then, Hollywood Casino Perryville has been a vital part of Penn National Gaming's portfolio.
4. The impact of ownership on Hollywood Casino Perryville
The ownership by Penn National Gaming has had a profound impact on Hollywood Casino Perryville. The company has invested heavily in the property, enhancing its facilities, and offering a diverse range of gaming and entertainment options. Here are some key aspects of the impact:
a. Renovations and expansions: Penn National Gaming has invested millions in renovating and expanding Hollywood Casino Perryville. The property now boasts state-of-the-art gaming machines, a luxurious hotel, and a variety of dining options.
b. Community involvement: As a responsible corporate citizen, Penn National Gaming has actively participated in community initiatives, supporting local businesses and charitable organizations. Hollywood Casino Perryville has become a significant employer in the region, creating numerous job opportunities.
c. Environmental responsibility: The company has implemented various eco-friendly initiatives at Hollywood Casino Perryville, including energy-efficient lighting, water conservation measures, and recycling programs.
5. The future of Hollywood Casino Perryville
With its strong ownership and a commitment to excellence, Hollywood Casino Perryville is poised for a bright future. Penn National Gaming continues to invest in the property, ensuring that it remains a premier gaming and entertainment destination in the Mid-Atlantic region.
Q1: How many properties does Penn National Gaming own in the United States?
A1: Penn National Gaming owns and operates more than 40 gaming and entertainment properties across the United States.
Q2: What is the annual revenue of Hollywood Casino Perryville?
A2: Hollywood Casino Perryville generates approximately $100 million in annual revenue.
Q3: How many employees work at Hollywood Casino Perryville?
A3: Hollywood Casino Perryville employs over 1,000 individuals, making it a significant employer in the region.
Q4: What are some of the popular games available at Hollywood Casino Perryville?
A4: Hollywood Casino Perryville offers a wide range of games, including slot machines, table games, poker, and bingo.
Q5: How does Penn National Gaming contribute to the local community?
A5: Penn National Gaming actively participates in community initiatives, supporting local businesses, charitable organizations, and educational programs. The company also invests in eco-friendly initiatives, aiming to minimize its environmental impact.