The $360 million regional destination is being developed adjacent to the Chicago Premium Outlets, which attracts over eight million visitors annually, and is conveniently located near Interstate 88 in Aurora. The entirely new land-based casino, hotel and entertainment facility will replace the Company’s nearby riverboat casino when completed. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for the future Hollywood Casino Aurora on Novemat 2:45pm CT. Hollywood Casino is asking for up to $50 million in funds from the city, which is all subject to final approval by the Aurora City Council.WYOMISSING, Pa. The Aurora Chamber of Commerce supports the proposed move, issuing a statement that says in part, 'We are excited to see the progress that is coming from many long months of discussion.and are looking forward to continued collaboration between businesses like Hollywood Casino - Aurora and city government.' 'One of the greatest benefits is we're looking at doubling the current workforce,' said Greg Moore, casino general manager. The finance committee unanimously approved the proposal, allowing it to move forward. The proposal includes a casino with around 900 slot machines, 50 live table games, the Barstool Sportsbook and a 200-room hotel and event center. Representatives made their first presentation to the city council finance committee Thursday afternoon. RELATED | Medinah Temple casino won't have big impact on River North traffic, report says ald. But casinos no longer need to be on the water, and the owners want to move it to a higher traffic area of town. The casino has been located downtown on the Fox River since it opened nearly 30 years ago in 1993.

The casino would go from downtown to a location near the Chicago Premium Outlet Mall along I-88, according to the proposal. (WLS) - Hollywood Casino is one step closer to moving its Aurora location closer to the interstate.

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