Loading...
Loading...
Penn National Gaming, Inc.
announced today that it has
submitted to the Iowa Racing & Gaming Commission (IRGC) two proposals for a
new gaming and entertainment destination in Woodbury County for its
consideration.
The first proposal, Hollywood Casino Sioux City, would be built on a 10-acre
site in the center of one of the prime areas that the Sioux City Planning
Division has identified as a preferred casino zone. The 100,000 square-foot
Hollywood Casino Sioux City will feature a 33,000 square-foot casino floor
with 750 slot machines, 20 live table games and a 5-table poker room. The
facility will include structured parking for 800 vehicles and a 300-space
surface lot while allowing easy access from Sioux City Transit's local
transportation options. Non-gaming dining and entertainment amenities include
a fine-dining steakhouse, casual grille, casino bar and sports pub. Hollywood
Casino Sioux City would also feature a 6,000 square-foot multi-purpose event
center with a 500-seat concert venue. The master plan for the development
contemplates a $40 million phase II expansion with a 150-guestroom hotel as
well as space for an additional 50 slot machines, 5 table games, 5 new poker
tables and additional food and beverage options.
The second proposal, Hollywood Casino Siouxland, with a $167 million projected
cost, is similar in size and scope to the Hollywood Casino Sioux City downtown
project, but would lie in Woodbury County south of Sioux City and would
include a 150-room hotel as part of the Phase One construction. Both projects
would bring meaningful employment and other economic activity to the greater
Sioux City area including over 400 employees at the new facility.
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in