Hollywood casino toledo

Hollywood casino toledo

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Hollywood Casino Toledo

Casino in Ohio, United States

Hollywood Casino Toledo is a casino in Toledo, Ohio, that opened on May 29, [1] The casino is owned by Gaming and Leisure Properties and operated by Penn Entertainment, and has , square feet (11,&#;m2) of gaming space, with 2, slot machines, 60 table games, and 20 poker tables.[2]

History[edit]

After four failed attempts since to legalize casinos in Ohio, a fifth proposal was placed on the ballot in to allow casinos at four specific sites, one in each of the state's largest cities.[3] The major backers were Penn National Gaming (now Penn Entertainment), which would build the casinos in Toledo and Columbus, and Cleveland Cavaliers owner Dan Gilbert, who would develop the Cleveland and Cincinnati properties.[4] Critics charged that Penn National did not truly intend to build the Toledo casino, which would face stiff competition from Detroit casinos, and only wanted to generate support from local voters.[5] Nevertheless, the measure passed, with 53 percent support both in Lucas County and the state as a whole.[4]

Days before the election, Penn National had struck a deal with Lakes Entertainment, a Minnesota-based gaming operator whose Ohio casino proposal Penn had fought hard to defeat.[6] Lakes paid for 10 percent of the referendum campaign, and received an option to invest in up to 10 percent of the Toledo and Columbus casinos.[7] Penn National bought out Lakes's interest in the projects for $25 million before construction began, after Lakes had paid $ million.[8]

After the measure passed, Penn National exercised its option to buy the acre property on the Maumee River at Interstate 75, site of a former Pilkington glass plant, for $ million.[9][10] Construction began in August [11]

In , Governor John Kasich agreed to allow video lottery terminals at Ohio's seven racetracks, including Penn National's Raceway Park in Toledo.[12] To avoid having its own racino compete with the Hollywood Casino, Penn sought state approval to move Raceway Park to the Youngstown area.[13]

In , thisisnl.nl was introduced as the digital casino for all Hollywood properties.[14]

References[edit]

  1. ^Henkel, Karl (May 22, ). "Hollywood Casino in Toledo betting on luring Michigan visitors". The Detroit News. Archived from the original on Retrieved
  2. ^Helms, Matt (May 22, ). "Toledo's flashy new casino could draw gamblers from Detroit". Detroit Free Press. Archived from the original on Retrieved
  3. ^Provance, Jim (October 30, ). "Voters to decide hotly contested gaming proposal". The Blade. Toledo. Retrieved
  4. ^ abJim Provance; Ignazio Messina (November 5, ). "Toledo casino will be built in 2 1/2 years, company says". The Blade. Toledo. Retrieved
  5. ^Troy, Tom (October 2, ). "Gaming exec: Toledo casino a sure bet". The Blade. Toledo. Retrieved
  6. ^Provance, Jim (November 6, ). "Minneapolis player joins casino venture". The Blade. Toledo. Retrieved
  7. ^"Lakes Entertainment announces passage of Ohio referendum" (Press release). Lakes Entertainment. November 5, Retrieved
  8. ^"Firm cashes out from pair of Ohio casino deals". The Blade. Toledo. July 15, Retrieved
  9. ^Ryan, Carl (December 31, ). "Penn National pays $M for property, site of new casino in East Toledo". The Blade. Toledo. Retrieved
  10. ^Provance, Jim (March 12, ). "Casino plan fancies site on Toledo riverfront". The Blade. Toledo. Retrieved
  11. ^Feehan, Jennifer (August 13, ). "Penn breaks ground for E. Toledo casino". The Blade. Toledo. Retrieved
  12. ^Provance, Jim (June 17, ). "2 casinos to pay $M more in tax". The Blade. Toledo. Retrieved
  13. ^Davis, Dave (March 16, ). "Penn National Gaming gets Ohio Gov. John Kasich's OK to move horse tracks to Dayton, Austintown". The Plain Dealer. Cleveland. Retrieved
  14. ^"Casino Locations | Hollywood Casino". thisisnl.nl. Retrieved

External links[edit]

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Источник: thisisnl.nl

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