financetom
Business
financetom
/
Business
/
Penn Entertainment Plans to Open Hollywood Casino Joliet in Illinois in August
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Penn Entertainment Plans to Open Hollywood Casino Joliet in Illinois in August
May 28, 2025 8:30 AM

11:06 AM EDT, 05/28/2025 (MT Newswires) -- Penn Entertainment ( PENN ) said Wednesday that it expects to open its new Hollywood Casino Joliet in Illinois on Aug. 11, six months ahead of its original timeline.

Penn Entertainment ( PENN ) said it expects to access $130 million in funding from Gaming and Leisure Properties ( GLPI ) in Q3 for the $185 million casino project.

The company said the entertainment facility will house 1,000 slots, 43 table games, a retail ESPN BET sportsbook, and an event center. Penn Entertainment ( PENN ) also said it expects the new casino to employ about 600 workers.

Price: 15.34, Change: -0.04, Percent Change: -0.26

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sachem Capital Withdraws Planned Debt Offering
Sachem Capital Withdraws Planned Debt Offering
Jun 27, 2024
05:56 PM EDT, 06/27/2024 (MT Newswires) -- Sachem Capital ( SACH ) said late Thursday it is withdrawing its proposed debt offering, as current market conditions regarding pricing are excessive and restrictive. The company had planned to offer US dollar-denominated unsubordinated notes due five years from the date of issuance. Price: 2.5600, Change: -0.01, Percent Change: -0.39 ...
Microsoft tells clients Russian group hacked into emails, Bloomberg News reports
Microsoft tells clients Russian group hacked into emails, Bloomberg News reports
Jun 27, 2024
(Reuters) -Microsoft Corp ( MSFT ) is informing some of its customers that a Russian state-sponsored hacking group breached its internal systems and accessed their emails, Bloomberg News reported on Thursday, citing a company spokesperson. The technology giant is also providing previously notified clients with details of which data was taken, the report said. Microsoft ( MSFT ) did not...
Lake Resources cuts staff, eyes asset sales amid low lithium prices
Lake Resources cuts staff, eyes asset sales amid low lithium prices
Jun 27, 2024
LAS VEGAS, June 27 (Reuters) - Lithium developer Lake Resources is laying off staff and selling assets as low prices for the electric vehicle battery metal hamper efforts to find customers and investors for its flagship Kachi project in Argentina, its CEO said. The move is the latest blow to the lithium industry and its struggling producers after the more...
Nutex Health to Implement 1-for-10 Reverse Stock Split
Nutex Health to Implement 1-for-10 Reverse Stock Split
Jun 27, 2024
05:56 PM EDT, 06/27/2024 (MT Newswires) -- Nutex Health ( NUTX ) said Thursday it will implement a 1-for-10 reverse split to regain compliance with Nasdaq's minimum bid price requirement for continued listing. The reverse stock split will reduce the number of the company's outstanding shares to about 4.9 million from about 49 million. The company said it expects its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved