Latest news with #HollywoodCasinoJoliet
Business Wire
a day ago
- Business
- Business Wire
PENN Entertainment Celebrates Grand Opening of Hollywood Casino Joliet
WYOMISSING, Pa. & JOLIET, Ill.--(BUSINESS WIRE)--Today marks the grand opening of Hollywood Casino Joliet, the all-new, land-based property by PENN Entertainment, Inc. (Nasdaq: PENN) ('PENN' or the 'Company'). The $185 million state-of-the-art casino replaces the former riverboat property that operated on the shores of the Des Plaines River since 1992. Legislators and area dignitaries, Illinois Gaming Board officials, Chicago Bears executives and NFL legend and Joliet native Tom Thayer are joining PENN team members for a ribbon-cutting ceremony this morning. Hollywood Casino Joliet will then open to the public at 4:00 p.m. and welcome guests to experience approximately 1,000 of the newest slot machines, 43 table games, a retail ESPN BET™ sportsbook, upscale national and Chicagoland celebrity-led dining and, above all, a premier guest experience. 'We would like to officially welcome players and guests to the all-new Hollywood Casino Joliet,' said Jay Snowden, CEO and President of PENN Entertainment. 'After approximately 20 months of construction, we are thrilled to open the doors to this land-based entertainment destination. We are proud of our 30-year history in Will County and are committed to continuing our investment in the community by creating new jobs, providing important tax revenue, and serving as a new attraction to bring even more visitors to the area.' 'This opening marks an exciting new era of entertainment in Joliet,' said Todd George, Executive Vice President of Operations for PENN. 'We're grateful for the support from the city of Joliet, the Illinois Gaming Board, and our business and community partners who contributed to the successful development of this new property. We look forward to delivering an elevated experience with world class dining, entertainment, and gaming options for patrons across the region.' The roughly 189,000 square foot entertainment destination employs approximately 600 team members and generated around 450 construction jobs. Open seven days a week and 24 hours a day, the fun and excitement will continue 365 days a year. Gaming Floor Hollywood Casino Joliet's gaming floor features 1,000 of the latest video reel slot and video poker machines, as well as 43 exciting table games, including blackjack, craps, roulette, baccarat, and more. The ESPN BET sportsbook includes one of Chicagoland's largest TV screens to create the ultimate watching experience, sports betting tellers, and sports wagering and racing kiosks, along with interactive games. Dining and Entertainment Hollywood Casino Joliet features multiple world-class dining options throughout the property, including many options for guests of all ages. PENN partnered with celebrity chef and entrepreneur Giada De Laurentiis to create Sorellina by Giada, an upscale restaurant that combines De Laurentiis' signature fusion of classic Italian cuisine and modern California influence. The restaurant seats roughly 170 guests and features a unique menu of pastas, pizza, and more. Boulevard Food & Drink Hall is a dynamic dining experience operated by McClain Camarota Hospitality, founded by James Beard Award-winning chef and restaurateur Shawn McClain. Open to all ages with both indoor seating and an outdoor patio with a fire feature, Boulevard Food & Drink Hall includes Chicago favorites Antique Taco and Pretty Cool Ice Cream, as well as Five50 Pizza and Lucky Goat, an all-new burger concept from fellow James Beard Award-winning celebrity chef Stephanie Izard. In addition to the numerous betting opportunities and massive screen highlighting the hottest sports action from around the world, ESPN BET is also a full service, classic casual restaurant that seats roughly 185 patrons in the dining room and bar. Guests can enjoy a wide array of food and beverage options, featuring favorites such as burgers, crispy wings, sandwiches, and shareables, plus a wide selection of craft and domestic beers and hand-crafted cocktails. Red Lotus Asian Kitchen will serve patrons authentic made-to-order Asian cuisine, featuring popular noodle and southeast Asian specialties designed to excite the senses in a sleek, modern designed open kitchen. Nearby on the gaming floor is &Vine, a 100-seat bar and entertainment lounge offering distinctive beverages and will be host to various artists for guests to enjoy. In addition, Hollywood Casino Joliet's 10,000 square foot event center includes a customizable layout to accommodate weddings, galas, community events, concerts, sports events, meetings, and more. The event center is also accessible for all ages. PENN Play™ Rewards Program Guests can elevate their experience with PENN Play, PENN Entertainment's industry-leading loyalty program, available at more than 35 destinations nationwide. This free membership offers exclusive access to events, experiences, and personalized rewards across gaming, dining, hotel stays, and entertainment. With five membership tiers—Play, Advantage, Preferred, Elite, and Owners Club, members enjoy benefits such as priority access, premium partner perks, and personalized offers. Members can easily track their rewards and tier progress through the PENN Play app, which also manages their loyalty dollars 'PENN Cash', redeemable for PENN SlotPlay, hotel stays, dining, and more. Once members reach 3,000 Tier Points, they unlock Real Time Rewards, delivering instant PENN Cash bonuses. The program also proudly features PENN Heroes, honoring active-duty military, veterans, and first responders with exclusive benefits, including annual tier upgrades, hotel and dining discounts, and special promotions. About Hollywood Casino Joliet Hollywood Casino Joliet, operated by PENN Entertainment, is now open at the all-new, land-based entertainment destination located at 1401 Gateway Blvd., Joliet, IL. The state-of-the-art casino recently replaced the former riverboat located on the shores of the Des Plaines River since 1992. The all-new Hollywood Casino Joliet features approximately 1,000 slots and 43 live table games, an ESPN BET sportsbook, several new restaurants and bars, event center and meeting space, and ample parking. For more information, visit About PENN Entertainment PENN Entertainment, Inc., together with its subsidiaries ('PENN,' or the 'Company'), is North America's leading provider of integrated entertainment, sports content, and casino gaming experiences. PENN operates in 28 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings under well-recognized brands including Hollywood Casino®, L'Auberge®, ESPN BET™, and theScore BET Sportsbook and Casino®. PENN's ability to leverage its partnership with ESPN, the 'worldwide leader in sports,' and its ownership of theScore™, the top digital sports media brand in Canada, is central to the Company's highly differentiated strategy to expand its footprint and efficiently grow its customer ecosystem. PENN's focus on organic cross-sell opportunities is reinforced by its market-leading retail casinos, sports media assets, and technology, including a proprietary state-of-the-art, fully integrated digital sports and iCasino betting platform, and an in-house iCasino content studio (PENN Game Studios). The Company's portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its approximately 32 million members a unique set of rewards and experiences. Forward Looking Statement This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as 'expects,' 'believes,' 'estimates,' 'projects,' 'intends,' 'plans,' 'goal,' 'seeks,' 'may,' 'will,' 'should,' 'look forward to,' or 'anticipates' or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in PENN Entertainment's filings with the Securities and Exchange Commission (the 'SEC'), including PENN Entertainment's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K for the year ended December 31, 2024. Forward-looking statements speak only as of the date they are made and, except for PENN Entertainment's ongoing obligations under the U.S. federal securities laws, PENN Entertainment undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
Chicago Tribune
5 days ago
- Entertainment
- Chicago Tribune
Hollywood Joliet unveils new $185 million casino ahead of Monday opening
After more than three decades of floating on the Des Plaines River, Hollywood Casino Joliet – one of the state's first riverboat casinos – is ready to welcome gamblers on dry land. Pending final Gaming Board approval, the new $185 million Hollywood Casino Joliet is planning to open its doors Monday in the Rock Run Collection, a sprawling 310-acre mixed-use development taking shape next to the busy Interstate 80 and Interstate 55 interchange. Rivaling the industrial warehouses lining the nearby interstates, the massive 189,000-square-foot casino complex features 1,000 slots, 43 table games, a new retail sportsbook, a 10,000-square-foot event center and celebrity chef restaurants, ushering in a new era of gaming in the southwest suburbs. 'It's very different than being on a riverboat,' said Ruben Warren, general manager of Hollywood Casino Joliet. 'The riverboat had two levels, it sat on water and it was 30 years old. This is a brand new build.' Hollywood Casino Joliet, which broke ground on the new land-based complex in December 2023, shut down its riverboat for good July 29 to transition the gaming operations and set up shop in its new highly visible, high-traffic home. Eschewing Vegas neon and glitz, the understated, low-slung casino looks right at home in a modern suburban shopping center, where Hollywood Joliet will be the anchor tenant amid restaurants, retailers, residences and a planned hotel. Once inside, however, Warren believes visitors will be dazzled by the new offerings. On Thursday, Hollywood Joliet hosted a media open house, offering a sneak peek of what visitors can expect when the new casino opens. The 50,000-square-foot casino floor features new gaming tables, a dedicated baccarat room, a mix of new and vintage slot machines, and an expansive major league retail sportsbook with what Warren says is the largest big screen bar TV in the Chicago area. Beyond expanded gaming, the Joliet facility features a variety of new dining options that Warren believes will draw regional visitors, whether they like to bet with chips or just eat them. Topping the list, celebrity chef Giada De Laurentiis has partnered with Hollywood to launch Sorellina, a casual Italian restaurant. De Laurentiis is hosting private events at the new restaurant on Tuesday and Wednesday night, where guests can dine and take selfies with the celebrity chef well known for hosting a series of shows on the Food Network cable channel. Tickets to the Sorellina by Giada dining events, which cost $150 each, are completely sold out. Inside Sorrelina at the media event Thursday, Michael Speagle, president and COO of GDL Cucina, the parent company of Giada Restaurants, proudly showed off his rotating Marra Forni brick oven, which heats up to 650 degrees and cooks pizza in 90 seconds. 'We refer to this as our Ferrari,' Speagle said of the prominent oven at the center of the restaurant and the heart of its cuisine. Hollywood Casino Joliet also has a new food hall featuring some Chicago culinary star power. Boulevard Food & Drink Hall will include the first suburban locations for Antique Taco and Pretty Cool Ice Cream, as well as Lucky Goat, a new burger restaurant by celebrity chef Stephanie Izard. Izard, who opened the acclaimed West Loop restaurant Girl & the Goat in 2010 after becoming the first woman to win Bravo's 'Top Chef,' was on hand Thursday to offer samples of her elevated fast casual fare. Menu items included such Izard creations as a Chili-Crunch Cheeseburger, a Chicken Sammie and Messy Fun Fries. 'We're taking simple things like a fried chicken sandwich, burgers and french fries, but adding the type of flavors I love to use on all of my dishes,' Izard said. 'So you've got some influences from all over, but in a way that's very familiar, which I think is great.' Izard has been in Joliet all week in preparation for the grand opening. She and her staff got ready for the media unveiling by stoking up with an item from her menu. 'We were drinking a bunch of milkshakes as a little pregame, so we're excited,' Izard said. With separate entrances from the casino, Warren said the new food offerings will all be family friendly and accessible to non-gamblers. The food hall will be open from 11 a.m. to 11 p.m. each day when the casino opens. Another new attraction at Hollywood Casino Joliet is the ESPN Bet retail sportsbook with a giant 43-foot by 9-foot big screen TV for watching and/or wagering on your favorite teams from a front row of reclining black leather lounge chairs or nearby bar tables. There's also new sports betting kiosks, an attached restaurant and private seating areas. 'We'll be showcasing free UFC main event matches and of course, football season is right around the corner,' Warren said. 'All of that can be viewed here on the biggest screen in Chicagoland.' Hollywood Casino Joliet is planning a test run of the gaming floor Thursday night for invited guests, with state regulators on hand to monitor. If all goes well, the new land-based casino will be licensed in time for a VIP event Sunday, followed by the full public opening Monday afternoon. Launched in June 1992 as the Empress Casino, an actual riverboat that set sail from a newly built dock south of Joliet near Channahon, Hollywood Casino Joliet was once one of the busiest in the state. But Penn Entertainment, which owns Hollywood casinos in Joliet and Aurora, is investing hundreds of millions on each to join the ranks of the new land-based gambling palaces springing up in the Chicago area, quickly gaining market share with improved accessibility and a host of amenities not available in a docked riverboat. The new $360 million entertainment complex for Hollywood Casino Aurora, which is going up near I-88 and Chicago Premium Outlets mall with similar amenities to Joliet, is slated to open next year. Much is at stake for Penn, which has owned the sister riverboat casinos for more than two decades. In 2002 Penn acquired the Hollywood Casino chain, which then included the Aurora location and casinos in Mississippi and Louisiana. In 2005 Penn added the Empress Casino as part of its acquisition of Argosy Gaming. The Joliet casino was rebranded as Hollywood in 2009, after a fire destroyed its Egyptian-themed pavilion. In recent years, the dated riverboats have been passed by newer casinos. When Illinois legalized riverboat gambling 35 years ago, it meant driving to Joliet, Aurora and Peoria, paying an admission fee and taking a two-hour ride down a river on a floating casino. In 1999 the state eliminated the cruising regulations, allowing casinos to remain docked or simply be built over water. Harrah's Joliet became the first to ditch the boat in 2001, constructing a casino on barges connected to its pavilion. Rivers Casino Des Plaines, which opened in 2011, was simply built over a 144,000-gallon man-made pool to qualify as a riverboat. The state's sweeping 2019 gambling expansion bill, which added everything from six new casinos to sports betting, took it one step further, allowing all casinos to be built on or moved to dry land. Rivers became the first to convert to a land-based casino, paying a $250,000 Gaming Board fee to expand over adjacent dry land in 2020. The state's newer casinos, including Bally's Chicago, Wind Creek Chicago Southland and Hard Rock Rockford, are all land-based. While Rivers remains the state's No. 1 casino, the newer land-based facilities are all among the top in revenue and admissions. Through the first six months of 2025, the state's 17 casinos have generated $954 million in adjusted gross receipts, up nearly $127 million or 15.3% over last year, according to Gaming Board data. The casinos totaled more than 7.6 million visitors, up 1.5 million or 24% year over year. Most of that growth came from the opening of Wind Creek Chicago Southland in November, which has quickly become the second busiest casino in the state behind perennial leader Rivers. During the first six months of 2025, Wind Creek topped $96 million in revenue and welcomed 1.1 million guests to its 70,000-square-foot casino and adjacent hotel in south suburban East Hazel Crest. Rivers Casino generated nearly $250 million in adjusted gross receipts and saw nearly 1.5 million admissions through June, according to Gaming Board data. Hollywood Joliet ranked ninth during the first six months with $43.4 million in revenue, but Warren expects business to boom with the planned opening Monday of the first land-based casino in the southwest suburbs. 'The barge was great back in the day,' Warren said. 'But we put this new casino in the perfect high-traffic location, in an up-and-coming development with a bunch of cool food and entertainment, hotel product, residential product that's going to be coming here. And we feel good about the future.' rchannick@
Yahoo
28-05-2025
- Business
- Yahoo
New Hollywood Casino Joliet set to open earlier than expected
A new Chicago-area casino is getting ready to open this summer – months ahead of schedule. Hollywood Casino Joliet, which is leaving its longtime riverboat home, announced Wednesday it is planning to move into its new land-based facility Aug. 11, pending regulatory approval. 'The countdown to the opening of our newest casino begins today,' Jay Snowden, Penn Entertainment's CEO and president, said in a news release. 'The move from our existing riverboat significantly improves our offerings in the highly attractive Chicagoland market, and both our existing customers and new guests will be able to enjoy premier gaming, dining, and entertainment at this exceptionally accessible new location.' Construction is nearing completion on the new $185 million Hollywood Casino Joliet in the Rock Run Collection, a sprawling 310-acre mixed-use development adjacent to the Interstate 80 and Interstate 55 interchange. The facility will feature expanded gaming, with 1,000 slots, 43 table games, a retail sportsbook, a 10,000-square-foot event center and restaurants. The casino, which broke ground in December 2023, was initially projected to open at the end of this year. Penn is also building a new land-based entertainment complex for Hollywood Casino Aurora, which is slated to open next year. The $360 million facility is going up near I-88 and Chicago Premium Outlets mall and will include 1,200 gaming positions, a 220-room hotel, a retail sportsbook, a spa, an outdoor entertainment area, a 12,000-square-foot event center and restaurants. Both casinos will offer new Italian restaurants in partnership with Giada De Laurentiis, and food halls featuring the first suburban locations for Antique Taco and Pretty Cool Ice Cream, as well as Lucky Goat, a new burger restaurant by celebrity chef Stephanie Izard. The restaurants are expected to open in time to feed the first gamblers at Hollywood Casino Joliet in August, pending approval by the Illinois Gaming Board, a Penn spokesperson said. Launched in the 1990s when the state legalized riverboat casinos, both Joliet and Aurora are still operating as permanently moored barges on the Des Plaines and Fox rivers, respectively. The state's sweeping 2019 gambling expansion bill, which added everything from six new casinos to sports betting, allowed all casinos to be built on or moved to dry land. Rivers Des Plaines became the first to convert to a land-based casino, paying a $250,000 Gaming Board fee in 2020 to expand beyond an underground pool on which it was built. The state's newer casinos, including Bally's Chicago, Wind Creek Chicago Southland and Hard Rock Rockford, are all land-based. Rivers Casino Des Plaines was once again the state's top casino in April with $43.9 million in adjusted gross receipts, followed by newcomer Wind Creek, which hit a new high with $17.1 million in revenue, according to Gaming Board data. Wind Creek, owned by the Poarch Band of Creek Indians, launched in its permanent 70,000-square-foot casino in south suburban East Hazel Crest in November. Last month, it opened a 255-room hotel. In May 2022, Rhode Island-based Bally's was selected to build the Chicago casino at the site of the former Tribune printing plant in River West, a $1.7 billion proposal that includes an exhibition hall, a 500-room hotel, a 3,000-seat theater, 10 restaurants and 4,000 gaming positions. The casino is expected to open in September 2026. Work was temporarily halted May 1 after the Gaming Board discovered the construction project was using an unauthorized subcontracted waste hauler previously alleged to have had ties to organized crime. The agency gave Bally's Chicago the green light to resume construction May 15 with a new vendor vetting and disclosure process in place. Bally's, which has been operating a temporary casino at Medinah Temple since September 2023, was ranked fifth among the state's 16 full casinos with $11 million in adjusted gross receipts last month, according to data from the Gaming Board. Hollywood Casino Aurora ranked eighth in revenue during April at $8.3 million and Hollywood Casino Joliet was 10th at $7.1 million, according to Gaming Board data. rchannick@
Chicago Tribune
28-05-2025
- Business
- Chicago Tribune
New Hollywood Casino Joliet set to open earlier than expected
A new Chicago-area casino is getting ready to open this summer – months ahead of schedule. Hollywood Casino Joliet, which is leaving its longtime riverboat home, announced Wednesday it is planning to move into its new land-based facility on Aug. 11, pending regulatory approval. 'The countdown to the opening of our newest casino begins today,' Jay Snowden, Penn Entertainment's CEO and president, said in a news release. 'The move from our existing riverboat significantly improves our offerings in the highly attractive Chicagoland market, and both our existing customers and new guests will be able to enjoy premier gaming, dining, and entertainment at this exceptionally accessible new location.' Construction is nearing completion on the new $185 million Hollywood Casino Joliet in the Rock Run Collection, a sprawling 310-acre mixed-use development adjacent to the Interstate 80 and Interstate 55 interchange. The facility will feature expanded gaming, with 1,000 slots, 43 table games, a retail sportsbook, a 10,000-square-foot event center and restaurants. The casino, which broke ground in December 2023, was initially projected to open at the end of this year. Penn is also building a new land-based entertainment complex for Hollywood Casino Aurora, which is slated to open next year. The $360 million facility is going up near I-88 and Chicago Premium Outlets mall and will include 1,200 gaming positions, a 220-room hotel, a retail sportsbook, a spa, an outdoor entertainment area, a 12,000-square-foot event center and restaurants. Both casinos will offer new Italian restaurants in partnership with Giada De Laurentiis, and food halls featuring the first suburban locations for Antique Taco and Pretty Cool Ice Cream, as well as Lucky Goat, a new burger restaurant by celebrity chef Stephanie Izard. The restaurants are expected to open in time to feed the first gamblers at Hollywood Casino Joliet in August, pending approval by the Illinois Gaming Board, a Penn spokesperson said. Launched in the 1990s when the state legalized riverboat casinos, both Joliet and Aurora are still operating as permanently moored barges on the Des Plaines and Fox rivers, respectively. The state's sweeping 2019 gambling expansion bill, which added everything from six new casinos to sports betting, allowed all casinos to be built on or moved to dry land. Rivers Des Plaines became the first to convert to a land-based casino, paying a $250,000 Gaming Board fee in 2020 to expand beyond an underground pool on which it was built. The state's newer casinos, including Bally's Chicago, Wind Creek Chicago Southland and Hard Rock Rockford, are all land-based. Rivers Casino Des Plaines was once again the state's top casino in April with $43.9 million in adjusted gross receipts, followed by newcomer Wind Creek, which hit a new high with $17.1 million in revenue, according to Gaming Board data. Wind Creek, owned by the Poarch Band of Creek Indians, launched in its permanent 70,000-square-foot casino in south suburban East Hazel Crest in November. Last month, it opened a 255-room hotel. In May 2022, Rhode Island-based Bally's was selected to build the Chicago casino at the site of the former Tribune printing plant in River West, a $1.7 billion proposal that includes an exhibition hall, a 500-room hotel, a 3,000-seat theater, 10 restaurants and 4,000 gaming positions. The casino is expected to open in September 2026. Work was temporarily shut down May 1 after the Gaming Board discovered the construction project was using an unauthorized subcontracted waste hauler previously alleged to have had ties to organized crime. The agency gave Bally's Chicago the green light to resume construction May 15 with a new vendor vetting and disclosure process in place. Bally's, which has been operating a temporary casino at Medinah Temple since September 2023, was ranked fifth among the state's 16 full casinos with $11 million in adjusted gross receipts last month, according to data from the Gaming Board. Hollywood Casino Aurora ranked eighth in revenue during April at $8.3 million and Hollywood Casino Joliet was 10th at $7.1 million, according to Gaming Board data. rchannick@
Yahoo
28-05-2025
- Business
- Yahoo
PENN Entertainment Sets August 11 as Grand Opening Date for New Hollywood Casino Joliet in Illinois
New land-based casino will be the featured attraction of Rock Run Collection's super-regional destination in Chicagoland WYOMISSING, Pa., May 28, 2025--(BUSINESS WIRE)--PENN Entertainment, Inc. ("PENN" or the "Company") (Nasdaq: PENN) announced today that it expects to open the new land-based Hollywood Casino Joliet to the public on Monday, August 11, pending customary regulatory approvals. PENN's newest casino is scheduled to open nearly six months ahead of the Company's originally scheduled construction timeline. The new state-of-the-art destination entertainment facility will anchor Rock Run Collection, a new super-regional commercial and residential development, conveniently located adjacent to the Interstate 80 and Interstate 55 interchange that estimates to have 230,000 passing vehicles daily. The best-in-class property will feature approximately 1,000 slots and 43 live table games, including a baccarat room, a retail ESPN BET sportsbook, an approximately 10,000 square foot event center with meeting areas, and roughly 1,330 parking spaces. The Company expects to have approximately 600 team members at the new casino, growing PENN's employee roster in Joliet by 200. "The countdown to the opening of our newest casino begins today," said Jay Snowden, Chief Executive Officer and President for PENN. "The move from our existing riverboat significantly improves our offerings in the highly attractive Chicagoland market, and both our existing customers and new guests will be able to enjoy premier gaming, dining, and entertainment at this exceptionally accessible new location." Hollywood Casino Joliet will introduce numerous world class quality dining experiences for guests to enjoy. As previously announced, PENN has partnered with celebrity chef and entrepreneur Giada De Laurentiis to debut her fusion of classic Italian cuisine and modern California influence in the Chicagoland region for the first time. Sorellina by Giada will offer approximately 170 seats for dining and a contemporary bar featuring a comprehensive wine selection with a light, young, and casual aesthetic. PENN has also partnered with McClain Camarota Hospitality ("MCH") to bring prominent Chicago chefs and restaurants to Hollywood Casino Joliet. Through this partnership, the property will feature the Boulevard Food & Drink Hall, a dynamic dining experience that will include Lucky Goat, an all-new burger concept from celebrity chef Stephanie Izard; Antique Taco, the first suburban location for the popular gourmet taco restaurant; Pretty Cool Ice Cream, the Chicago favorite that also has store fronts in Logan Square and Lincoln Park; and Five50 Pizza, a New York-style meets Neapolitan pizza concept offering from the fine dining chefs at MCH. "We're thrilled to partner with these elite restauranteurs to bring amazing dining options to the new Hollywood Casino Joliet," said Todd George, Executive Vice President of Operations for PENN. "These concepts will create a vibrant atmosphere throughout the property and provide our patrons with an array of food and beverage offerings that are unmatched in the market." Additional details related to the grand opening of the new casino will be provided in advance of August 11. The Company expects to work with the Illinois Gaming Board on the transfer of operations from the existing Hollywood Casino Joliet, which is located on the Des Plaines River, to the new landside facility as the opening date nears. In the third quarter, PENN anticipates accessing approximately $130 million in funding from Gaming and Leisure Properties, Inc. for this $185 million project. About Hollywood Casino Joliet Opened in 1992 on the shores of the Des Plaines River, Hollywood Casino Joliet, operated by PENN Entertainment, features hundreds of the latest slot machines and table games along with electrifying entertainment and premier dining experiences. A new $185 million land-based Hollywood Casino Joliet is scheduled to open in the summer of 2025 featuring approximately 1,000 slots and 43 live table games, an ESPN BET sportsbook, several new restaurants and bars, event center and meeting space, and ample parking. For more information, visit About PENN Entertainment PENN Entertainment, Inc., together with its subsidiaries ("PENN," or the "Company"), is North America's leading provider of integrated entertainment, sports content, and casino gaming experiences. PENN operates in 28 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings under well-recognized brands including Hollywood Casino®, L'Auberge®, ESPN BET™, and theScore BET Sportsbook and Casino®. PENN's ability to leverage its partnership with ESPN, the "worldwide leader in sports," and its ownership of theScore™, the top digital sports media brand in Canada, is central to the Company's highly differentiated strategy to expand its footprint and efficiently grow its customer ecosystem. PENN's focus on organic cross-sell opportunities is reinforced by its market-leading retail casinos, sports media assets, and technology, including a proprietary state-of-the-art, fully integrated digital sports and iCasino betting platform, and an in-house iCasino content studio (PENN Game Studios). The Company's portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its approximately 32 million members a unique set of rewards and experiences. Forward Looking Statement This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "expects," "believes," "estimates," "projects," "intends," "plans," "goal," "seeks," "may," "will," "should," "look forward to," or "anticipates" or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in PENN Entertainment's filings with the Securities and Exchange Commission (the "SEC"), including PENN Entertainment's current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K for the year ended December 31, 2024. Forward-looking statements speak only as of the date they are made and, except for PENN Entertainment's ongoing obligations under the U.S. federal securities laws, PENN Entertainment undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. View source version on Contacts Media Contact: Jeff MorrisVP, Public AffairsPENN Entertainment, 610/373-2400 Mike NievesSVP, Finance & TreasurerPENN Entertainment, 610/373-2400 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
