Our casino properties remain at the core of our omni-channel approach to entertainment, which combines best-in-class retail operations and a database of more than 26 million m圜hoice members with a rapidly growing interactive and media footprint. Jay Snowden, Chief Executive Officer and President of PENN Entertainment, commented: “We are delighted to announce these exciting new growth projects, which we expect will generate strong free cash flow returns and create long-term value for our shareholders. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it intends to relocate its riverboat casinos in Aurora and Joliet, Illinois to new land-based facilities and to build a new hotel at Hollywood Columbus in Ohio and a second hotel tower at the M Resort in Henderson, Nevada. Chapa-LaVia said she is concerned for casino workers.Company to Amend Master Lease with Gaming and Leisure Properties to Facilitate and Fund up to $575 Million of the Approximately $850 Million Overall Project Budget Linda Chapa-LaVia-voted against the casino tax increase, partly out of fear of its effect on the local economy. Last year, the city received more than $16 million in taxes from the casino, which halted plans to build a hotel near downtown Aurora after taxes were boosted in 2002.Īurora-area legislators-including Democratic Rep. 'This is like cutting off your nose to spite your face.' 'It's going to result in the loss of jobs,' he said. Mayor David Stover opposed the tax hike saying it would do little to plug the state's deficit. 'This tax is passed on to people, one way or another, and the poor people will end up paying this one.' 'This tax is extremely regressive,' he said. 'They are going to be appealing to people who cannot afford to lose money at gambling and not people who are interested in entertainment.

The tax will reduce the state's casinos 'to slot joints, where people go in and just dump money into the machines,' Thompson said.

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