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Penn National Gaming cleared to acquire Hollywood Casino Perryville

28th May 2021 8:24 am GMT
Penn National Gaming
Playtech

New York-listed racing and gaming operator Penn National Gaming has received final approval from the Maryland Lottery and Gaming Control Commission to acquire Hollywood Casino Perryville.

Penn National entered into a definitive agreement with Gaming and Leisure Properties (GLPI) in December to acquire the operations of Hollywood Casino Perryville for $31.1m in cash.

Simultaneous with the closing of the transaction, Penn National will enter into a lease agreement with GLPI for the real estate assets associated with the [...]

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