Penn National Gaming, Inc. (NASDAQ:PENN) has announced that it acquired 24 acres of land on and in the vicinity of 560 Nationwide Boulevard in the Columbus Arena District. The land, formerly owned by Jaeger Machine Works, is an authorized casino location by the Ohio Constitution making it a potential site for the company’s proposed Hollywood Casino Columbus. Penn National is still considering alternate sites in Columbus.
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The proposed Hollywood Casino Columbus must invest over $1 billion in Ohio, under Issue 3. The casino is anticipated to generate 34,000 new jobs. Penn Nation will require a three fifths vote of the Ohio Legislature and a statewide vote in May. For more information, contact Eric Schippers, Penn National Gaming Senior Vice President, Public Affairs, at 610.378.8321.
Penn National Gaming, Inc. (Penn National) is a diversified, multi-jurisdictional owner, and manager of gaming and pari-mutuel properties. It owns or operates 19 facilities located in Colorado, Florida, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, New Mexico, Ohio, Pennsylvania, West Virginia, and Ontario. The Company has its owned gaming properties, which includes Charles Town Entertainment Complex, Argosy Casino Lawrenceburg, Hollywood Casino Aurora, Empress Casino Hotel, Argosy Casino Riverside, Hollywood Casino Baton Rouge, Argosy Casino Alton, Hollywood Casino Tunica, Hollywood Casino Bay St. Louis, Argosy Casino Sioux City, Boomtown Biloxi, Hollywood Slots Hotel and Raceway, and Bullwhackers and Black Gold Casino at Zia Park.
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