Penn Entertainment plans $195m relocation of New Orleans casino
By The Weekly Edge desk ·
Summary
Penn Entertainment announced plans to spend about $195m moving its New Orleans riverboat casino onto neighbouring land, CDC Gaming reported. The company plans to rename the property Hollywood Casino New Orleans. Construction requires approval from the Louisiana Gaming Control Board.
Why it matters
Penn Entertainment’s planned $195m casino relocation requires Louisiana Gaming Control Board approval, making regulatory consent a condition for construction.