The Pennsylvania Gaming Control Board has issued final licensing approval for Penn National Gaming Inc to proceed with its Hollywood Casino York development, which will be located at the York Galleria Mall in Springettsbury Township, Pennsylvania.
The development represents an overall investment of nearly $120m, inclusive of license fees for the property’s slot machines and table games. The approximately 80,000 square foot facility, complete with sports and race book, will feature 500 slot machines and 24 table games, with the ability to accommodate up to 750 slot machines and 40 table games.
The facility is expected to generate roughly 200 new permanent jobs and more than 250 construction jobs. Construction is expected to be completed in approximately 12 months.
“We are very pleased with today’s unanimous approval by the PGCB and look forward to opening the doors at Hollywood Casino York as soon as possible,” said CEO Timothy J Wilmott. “The property will be ideally located to draw customers from south central Pennsylvania and northern Maryland, while also protecting our existing market share at Hollywood Casino at Penn National Race Course.”
Penn National was awarded the Commonwealth’s first and fifth Category 4 licenses on January 10th and April 4th, 2018, respectively. The company previously received final licensing approval for Hollywood Casino Morgantown, which is expected to open in the fourth quarter of 2020.
Category 4 gaming facilities are authorized by law to operate up to 750 slot machines and 40 table games, and tax revenue is dispersed at the state, county, and local level. Springettsbury Township will receive 2% of gross tax revenue on slot machines and 1% from table games.
“Hollywood Casino York will become an economic engine in Springettsbury Township and the greater community,” said Wilmott. “We have already met with local workforce development organizations to begin the process of identifying our future Team Members and creating approximately 200 new permanent jobs in York County.”