Penn National Gaming has filed an application with the Pennsylvania Gaming Control Board (PGCB), relating to the construction of its proposed Hollywood Casino York.
The latest move by the Wyomissing, Pennsylvania headquartered firm would represent its first category four satellite gaming facility, and would be located at the York Galleria Mall in Springettsbury Township of the Keystone State.
Hollywood Casino York’s development represents an overall investment of $120m, including Penn’s $52.6m category four slots and table games license fees, with the timeline of construction expected to be in the region of 12-18 months, following receipt of all requisite approvals, including final licensing by the PGCB.
Designed to accommodate upto 70 slots machines in addition to 40 table games, the proposed property would initially open with 500 and 20 respectively.
Furthermore, the facility is to also feature a casual dining restaurant and sports bar, a small entertainment lounge, and a “grab-and-go” eatery, generating approximately 200 new permanent local jobs, in addition to in excess of 75 construction roles in the first instance.
Timothy J Wilmott, chief executive officer for Penn National Gaming, explained: “We believe the York Galleria Mall, which is a well-known retail destination in York County, is an ideal site for our planned Hollywood Casino York.
“We explored numerous other potential opportunities within York County, but the mall’s convenient location, existing infrastructure and ample parking, as well as the support of Springettsbury Township officials and the local business community, helped cement our decision.
“Penn National Gaming has been proud to call Pennsylvania home for over 45 years. We look forward to adding hundreds of new team members in York County, and becoming another economic engine for Springettsbury and the greater York business community.”
Penn National was awarded the Commonwealth’s first Category 4 license on January 10, 2018. Category 4 gaming facilities are authorised by law to host up to 750 slot machines and 40 table games, and tax revenue is dispersed at the state, county, and local level. Springettsbury will receive 2 per cent of gross tax revenue on slot machines and 1 per cent from table games.