PENN Entertainment hosted a groundbreaking ceremony for the future Hollywood Casino Joliet on December 13th. Once completed, the entirely new land-based casino and entertainment facility will replace the Company’s nearby riverboat casino.
The $185m destination will anchor RockRun Collection, a new commercial and residential development, and will feature approximately 850 slots and 44 live table games, including a baccarat room, retail sportsbook, high quality bars and restaurants, a 10,000sqft event centre and around 1,330 parking spaces.
PENN expects to create 450 construction jobs and 515 permanent jobs at the new facility.
Jay Snowden, CEO & President of PENN Entertainment, says: “We are very excited to be moving forward with construction on a new, state-of-the-art Hollywood Casino Joliet in an ideal location.
“Our close proximity to two interstates and surrounding mixed-use development will offer our modern facility exceptional visibility and accessibility in the highly attractive Chicagoland market.”
The move was predicated by a law signed in 2019 that allowed for riverboat casinos to relocate onto land. The existing Hollywood Casino Joliet, located on the Des Plaines River, will maintain normal operations while the new land-based facility is constructed, which is expected to take approximately 24 months.
Mike Thoma, VP & General Manager of Hollywood Casino Joliet, adds: “This is an incredibly exciting milestone for all of us with the property and local community.
“We cannot wait to provide our guests with an even greater customer experience at the future Hollywood Casino Joliet.”
The new Hollywood Casino Joliet is part of a plan for four new growth projects in Aurora, Illinois; Columbus, Ohio; and Henderson, Nevada. Gaming and Leisure Properties has committed up to $575m towards the overall $850m budget for all four projects.