PENN partners with Birches Health to add support resources to betting apps

Gaming and Leisure Properties entered definitive agreements with Prologis to develop the former Hollywood Casino Joliet site in Illinois. GLPI will contribute the 262-acre parcel in three phases, while Prologis will manage and develop the project, subject to City of Joliet review and approval. The planned warehouse and distribution park is expected to comprise five buildings totalling more than 3.8 million square feet, with development taking about five years.

Gaming and Leisure Properties (GLPI) has signed definitive agreements with Prologis, a real estate investment trust listed in New York, to create a joint venture that will develop the former Hollywood Casino Joliet site in Illinois. Under the arrangement, GLPI will put its 262-acre Joliet parcel, located at 777 Hollywood Boulevard, into the venture across three phases, and Prologis will act as managing member and developer. The City of Joliet must still review and approve the plans.