Penn Entertainment plans $195M New Orleans casino relocation

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PENN Entertainment Announces Plans to Relocate Boomtown Casino New Orleans Riverboat and Construct New $195 Million Landside Hollywood Casino New Orleans

August 17, 2026 10:00 AM EDT

WYOMISSING, Pa. & JEFFERSON PARISH, La.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (PENN or the Company) today announced plans to invest approximately $195 million to relocate its Boomtown Casino & Hotel New Orleans riverboat casino operations to a new landside property on adjacent land and rebrand the property as Hollywood Casino New Orleans, pending regulatory approval.

If approved, Hollywood Casino New Orleans is expected to open in 2029 and will include roughly 140,000 square feet of new development, approximately 875 slot machines, 45 table games, a retail sportsbook, and multiple dining options. The existing riverboat will be... More