Penn National Gaming gains final approval for Hollywood Casino York

Hollywood Casino York

Penn National Gaming has received final approval from the Pennsylvania Gaming Control Board for the development of the $120m Hollywood Casino York.

Set to be located at the York Galleria Mall in Springettsbury Township, Pennsylvania, the approximately 80,000 square foot facility will feature 500 slot machines and 24 table games, with the ability to accommodate up to 750 and 40 of each respectively.

The property will also offer a sports and race book, casual restaurant and bar, an entertainment lounge and a coffee venue. Hollywood Casino York is expected to generate roughly 200 new permanent jobs and more than 250 construction jobs and is due to be completed in approximately 12 months.

“We are very pleased with today’s unanimous approval by the PGCB and look forward to opening the doors at Hollywood Casino York as soon as possible,” noted Timothy Wilmott, chief executive officer for Penn National Gaming

“The property will be ideally located to draw customers from south central Pennsylvania and northern Maryland, while also protecting our existing market share at Hollywood Casino at Penn National Race Course.”

The company secured a 15-mile radius area in which it could locate a casino with a winning bid of $50,100,000 at the first Category 4 auction held by the PGCB, after receiving final licensing approval for Hollywood Casino Morgantown, which is expected to open in the fourth quarter of 2020.

Category 4 gaming facilities are authorised by law to operate up to 750 slot machines and 40 table games, and tax revenue is dispersed at the state, county and local level. Springettsbury Township will receive 2 per cent of gross tax revenue on slot machines and 1 per cent from table games.

“Hollywood Casino York will become an economic engine in Springettsbury Township and the greater community,” added Wilmott. “We have already met with local workforce development organisations to begin the process of identifying our future team members and creating approximately 200 new permanent jobs in York County.”

Furthermore, the Pennsylvania regulator has also fined Rivers Casino Philadelphia $60,000 following numerous incidents in which individuals under the age of 21 accessed the gaming floor.