Penn National Gaming, Inc. (Nasdaq: PENN)(“Penn National” or the
“Company”) announced today that it expects to open Hollywood Casino
Morgantown to the public on Wednesday, December 22nd, at Noon,
pending final regulatory approvals. Hollywood Casino Morgantown is
conveniently located at the intersections of three major roadways:
the Pennsylvania Turnpike (I-76), I-176, and the Morgantown
Expressway (Rt. 10). The Morgantown Category 4 casino represents
Penn National’s fourth facility in Pennsylvania, joining Hollywood
Casino at Penn National Race Course in Grantville, Hollywood Casino
at the Meadows in Washington and Hollywood Casino York, which
opened in August.
“The countdown to our grand opening begins today,” said Marc
Guastella, Vice President and General Manager for Hollywood Casino
Morgantown. “We’re very excited to soon welcome patrons to this
beautiful new property, where they’ll be able to experience premier
gaming, dining and entertainment.”
The approximately 80,000 square-foot facility will feature 750
of the latest slot machines and 30 table games, a
climate-controlled outdoor gaming terrace, state-of-the-art
Barstool Sportsbook, and three unique dining options. At the
Barstool Sportsbook, patrons will be able to enjoy sports from
around the world on the jumbotron above the bar or on numerous
high-definition televisions throughout the facility. The 150 seat
full-service restaurant will offer a wide selection of food and
beverage options, from mouth-watering steaks to classic pubfare,
more than a dozen craft and domestic beers, hand-crafted cocktails
inspired by classic sports movies and much more. Betting windows
and kiosks for sports and racing are conveniently located
throughout the sportsbook, along with interactive games, an outdoor
firepit and a Barstool Sportsbook merchandise station.
In addition, the Company partnered with Tony Luke’s to bring his
restaurant and a taste of South Philly to Morgantown. Tony’s
signature cheesesteaks, roast pork Italian sandwiches and many of
his award-winning delicacies will be available for customers to
enjoy. With seating for up to 100 at the adjacent Bar 76 on the
gaming floor, patrons will be able to grab-and-go and watch the
action while eating the best cheesesteaks available on the north
side of the Pennsylvania Turnpike.
Finally, Hollywood Casino Morgantown will also host the Red
Lotus Asian Kitchen, serving patrons authentic made-to-order Asian
cuisine. Red Lotus will feature popular noodle and southeast Asian
specialties designed to excite the senses in a sleek, modern
designed open-kitchen just off the gaming floor.
Prior to the grand opening, Penn National will host two
invitation-only test days, with gaming proceeds donated to
charitable organizations in the area. The participating charities
include the United Way of Berks County, Honey Brook Food Pantry and
the Jarett Yoder Foundation, which serves community heroes and
their families, including active military personnel, veterans,
firefighters, first responders and the police.
“We are thrilled to be supporting these incredible organizations
in Berks, Chester and Lancaster Counties,” said Guastella. “Penn
National is committed to being actively engaged in the community
and partnering with worthwhile groups to assist those in need.”
The development of Hollywood Casino Morgantown represents an
overall investment of approximately $111 million, including license
fees, and career opportunities are still available for the
approximately 375 new jobs at the facility. Interested applicants
can visit the Hollywood Casino Morgantown Career center, located at
the Holiday Inn Morgantown at 6170 Morgantown Road. Various
positions are available in casino operations, food and beverage,
security and surveillance, human resources, marketing and more,
pending regulatory approval. Potential future team members can
learn more or apply in person at the career center or online at
https://www.pngaming.com/careers by typing “Morgantown” in the
career listing search box.
About Penn National Gaming
With the nation's largest and most diversified regional gaming
footprint, including 43 properties across 20 states, Penn National
continues to evolve into a highly innovative omni-channel provider
of retail and online gaming, live racing and sports betting
entertainment. The Company's properties feature approximately
50,000 gaming machines, 1,300 table games and 8,800 hotel rooms,
and operate under various well-known brands, including Hollywood,
Ameristar, and L'Auberge. Our wholly-owned interactive division,
Penn Interactive, operates retail sports betting across the
Company's portfolio, as well online social casino, bingo, and
iCasino products. In February 2020, Penn National entered into a
strategic partnership with Barstool Sports, whereby Barstool is
exclusively promoting the Company's land-based and online casinos
and sports betting products, including the Barstool Sportsbook
mobile app, to its national audience. In addition, in October 2021,
Penn National acquired Score Media and Gaming, Inc. (“theScore”).
Combined with the power of Barstool Sports, Penn National is now
well positioned to be North America’s leading digital,
entertainment, sports content, gaming and technology company.
Barstool’s wide top of funnel audience reach is highly
complementary to the news, scores and stats available on theScore’s
best in class media app, which will create a one-stop destination
for the sports fan that does not exist today. The Company's
omni-channel approach is further bolstered by the mychoice
loyalty program, which rewards and recognizes its over 24 million
members for their loyalty to both retail and online gaming and
sports betting products with the most dynamic set of offers,
experiences, and service levels in the industry.
Forward Looking Statements
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,” or “anticipates” or the negative or other
variations of these or similar words, or by discussions of future
events, strategies or risks and uncertainties. Specifically,
forward-looking statements include, but are not limited to,
statements regarding the expected opening and amenities of the
Morgantown Casino. Such statements are all subject to risks,
uncertainties and changes in circumstances that could significantly
affect the Company’s future financial results and business.
Accordingly, the Company cautions that the forward-looking
statements contained herein are qualified by important factors that
could cause actual results to differ materially from those
reflected by such statements. Such factors include, but are not
limited to: (a) the magnitude and duration of the impact of the
COVID-19 pandemic on general economic conditions, capital markets,
unemployment, consumer spending and the Company’s liquidity,
financial condition, supply chain, operations and personnel; and
(b) other factors as discussed in the Company’s Annual Report on
Form 10-K for the year ended December 31, 2020, subsequent
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K,
each as filed with the U.S. Securities and Exchange Commission. The
Company does not intend to update publicly any forward-looking
statements except as required by law. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed
in this press release may not occur.
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version on businesswire.com: https://www.businesswire.com/news/home/20211122005025/en/
Jeff Morris Vice President, Public Affairs Penn National Gaming
610/373-2400 jeff.morris@pngaming.com
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