Penn National secures Ohio location

4 Jan 2010

By Howard Stutz

LAS VEGAS, Nevada -- The courts may still weigh in, but Penn National Gaming is moving forward on one of two planned casino projects in Ohio.

The Wyomissing, Pa.-based regional casino operator purchased a 44-acre site in East Toledo, Ohio for a planned $250 million casino. The site cost $2.5 million.

Penn National plans to open the Hollywood Casino Toledo in the second half of 2012.

Ohio voters in November approved a constitutional ballot initiative that allows casino gaming in the state, but a legal challenge has being contemplated.

"Closing on the property moves us a major step closer to making Hollywood Casino Toledo a reality," said Eric Schippers, senior vice president of Penn National.

Penn National also plans to put a casino in Columbus, Ohio.

Howard Stutz

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Penn National secures Ohio location

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	Penn National secures Ohio location 4 Jan 2010 By Howard Stutz <a href='http://as1.casinocity.com/adclick.php?n=a21efcd1'><img src='http://as1.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt=''></a> LAS VEGAS, Nevada -- The courts may still weigh in, but Penn National Gaming is moving forward on one of two planned casino projects in Ohio. The Wyomissing, Pa.-based regional casino operator purchased a 44-acre site in East Toledo, Ohio for a planned $250 million casino. The site cost $2.5 million. Penn National plans to open the Hollywood Casino Toledo in the second half of 2012. Ohio voters in November approved a constitutional ballot initiative that allows casino gaming in the state, but a legal challenge has being contemplated. "Closing on the property moves us a major step closer to making Hollywood Casino Toledo a reality," said Eric Schippers, senior vice president of Penn National. Penn National also plans to put a casino in Columbus, Ohio. Copyright 2010 GamingWire. All rights reserved.