Cecil County slots parlor to open Sept. 30

Baltimore Business Journal – by Scott Dance Staff

The state’s first slot machine parlor will open Sept. 30 in Cecil County.

Penn National Gaming Inc. plans to open its Hollywood Casino Perryville a month ahead of schedule. It was originally scheduled for an Oct. 26 opening.

That will start a flow of income the state has been counting on since voters legalized slots in a 2008 referendum. Politicians have long sought slots as a means of balancing persistent billion-dollar budget gaps in Maryland.

But other planned casinos have stalled. Plans for a Baltimore City slots parlor fell apart for lack of financing, and a Cordish Cos. casino at Arundel Mills Mall is being held up by an upcoming Anne Arundel County referendum to block the facility.

The state’s board of public works approved a contract June 9 to stock the casino with 1,062 slot machines at a cost of $50 million.

The $89 million casino is the sixth developed by Wyomissing, Pa.-based Penn National (NASDAQ: PENN) to bear the “Hollywood” theme. It will feature a 75,000 square foot casino, 150-seat buffet, a grill, a gift shop, and parking for 1,600 vehicles. The company is hiring 350 people to staff it.

The facility is also spurring neighboring development, including Woodlands at Perryville, a $110 million townhome and retail project. Stewart Associates is also working on plans to develop the 140 acres of land surrounding the casino for a mixed-use project to be called Chesapeake Overlook.


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