“Thanks to the support of our local community leaders, in particular the visionary leadership of Mayor Richard Irvin and his staff in Aurora, we are very excited to be moving forward with these projects,” added Snowden.

The company has been exploring the viability of relocating its aging riverboats in Aurora and Joliet since the change in the law to permit land-side casino relocation in Illinois was passed. 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, said: “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. Additionally, the business is set to build a new hotel at Hollywood Columbus in Ohio, and a second hotel tower at the M Resort in Henderson, Nevada. Penn Entertainment announced Monday that the company is set to pursue four new projects with an overall $850 million budget, including the relocation of its riverboat casinos in Aurora and Joliet, Illinois, to new land-based facilities.

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