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PENN plans $195m landside move for its New Orleans casino

Licences & markets

PENN Entertainment said it plans to move its Boomtown Casino & Hotel New Orleans riverboat operations to adjacent land in Louisiana. The company plans to invest $195 million and rebrand the property as Hollywood Casino New Orleans, subject to regulatory approval. It expects the new venue to open in 2029 with 875 slots, 45 table games and a retail sportsbook.

The proposal would require regulatory approval and represents a planned $195 million investment in Louisiana casino operations.

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Latest reported results

PENN Entertainment NASDAQ: PENN

Quarter ended 30 September 2026

Revenue
USD 1.84bn
Operating income
USD 127.3m10-Q filing 0000921738-26-000028

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