Penn National Enters Maryland Through Hollywood Casino Perryville Acquisition

Penn National Gaming (PNG) announced Tuesday its plans to acquire the operations of Hollywood Casino Perryville in Maryland for $31.1 million. Currently, Gaming and Leisure Properties Inc (GLPI) operates the casino. The strategic move by Wyomissing-based company comes merely six weeks after Maryland legalized its sports betting industry during the November election. Under the agreement, …

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