The City of Aurora will provide $50 million in funding for the project there while Penn’s publicly traded real estate investment trust Gaming and Leisure Properties (GLPI) has committed up to $575 million towards the overall $850 million budget for all four growth projects. The new hotel is part of a previously announced plan consisting of four new growth projects that include new land-based casinos in Aurora and Joliet, Illinois and an additional hotel tower in Henderson, Nevada. “ Since opening in 2012, our Columbus property has experienced tremendous growth, and the addition of a hotel at Hollywood Casino Columbus will create a true regional destination.” “We are thrilled to soon begin construction on a new, state-of-the-art hotel at Hollywood Casino Columbus,” said Jay Snowden, CEO and President of PENN Entertainment. The hotel is expected to include 180 rooms, meeting space, an additional restaurant, and local partnerships and amenities that will be announced at a later date.

The hotel, with an estimated budget of approximately $100 million, will be attached to the existing property and will add hundreds of construction jobs and approximately 100 new permanent jobs upon opening, the company said. Penn Entertainmentannounced on Monday that it will be hosting a groundbreaking ceremony for a new hotel at its Hollywood Casino Columbus property in Ohio today, Tuesday, November 28.

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