ollywood Casino Perryville, located along Interstate 95 approximately 30 miles northeast of the Baltimore Beltway, will feature a 75,000 square foot casino and 1,500 video lottery terminals . The VLTs will be purchased and owned or leased by the Maryland State Lottery Commission. In addition to the VLTs, Hollywood Casino Perryville will feature a 150-seat buffet, a grill, a gift shop and parking for over 1,600 vehicles.
Expected to be completed at a cost of approximately us$ 89 million, following the payment of a us$9 million licensing fee, Hollywood Casino Perryville will be the first casino to open in Maryland following a November 2008 state-wide referendum that approved VLTs in the city of Baltimore and the counties of Allegany, Anne Arundel, Cecil and Worcester.
Peter M. Carlino, CEO of Penn National commented, "Hollywood Casino Perryville is opening earlier than anticipated and less than two years after voters approved VLTs in the state, an accomplishment which reflects the dedication, expertise and coordinated efforts of our facility design, government relations, construction and property management teams. The accelerated opening is also being facilitated by the work of the Maryland State Lottery Commission, which this week received approval for the purchase of VLTs to meet the new opening date. The opening will result in over 350 new permanent jobs as well as tax revenue and other sustainable economic benefits for the community, county and state."
Penn National has successfully used the Hollywood Casino brand and theme in the Pennsylvania, Indiana, Baton Rouge, Maine, Mississippi Gulf Coast and Aurora, Illinois markets and this summer will rename its West Virginia facility Hollywood Casino at Charles Town Races. In addition, the company is presently developing new Hollywood-themed casinos in Kansas and Ohio that are slated to open in 2012. Penn National's Hollywood-branded facilities bring the classic style and glamour of 1930s art deco Hollywood to the gaming floor along with the latest technology and amenities designed for ultimate guest comfort.
Carlino added, "The opening of Maryland's first gaming facility is consistent with Penn National's long-term strategy to increase our scale and diversity in new and established regional gaming markets by leveraging our property development skills and financial resources. In addition to opening early, like our other development projects, we will also complete the facility on budget. We look forward to the launch of Penn National's newest gaming facility and the first in the state of Maryland on September 30, 2010."
Following multiple successful job fairs and job information sessions throughout the county, hiring for employee positions has begun and will continue throughout the summer.