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$807 Million Casino Plan for Springfield

Penn National Gaming this morning released specifics on the company’s proposed $807 million casino and entertainment complex in Springfield, becoming the second importantcasino firm to outline its plans for the city.“Our proposed $807 million destination casino resort

will be the centerpiece of a revitalization of the city and bring a large number of new permanent jobs, significant union construction jobs, and countless tax dollars to the region,’’ organization chairman Peter Carlino stated in astatement.Penn, in partnership with Peter Picknelly, operator of Peter Pan Bus Lines, plans to

create on 13.four acres nearthe city’s downtown.“Penn National Gaming shares our vision, our values, and

features a terrific record of partnering with regional communities in the development and operation of urban casinos,” Picknelly stated within the very same statement. “We’re looking forward to a constructive dialogue about our proposal with Mayor [Domenic] Sarno, the Springfield community, and state gaming commission.”Penn National’s proposal calls for

3,000 to three,500 slot machines, poker rooms, up to 100 live table games, along with a hotel with up to 500 rooms. The program also calls for the creation of new restaurant regions, a 5,000-space parking garage, and as much as45,000 square feet of meeting and convention space.Penn National is promising to “incorporate

components of Springfield’s current architecture in to the design of the facility to ensure that Hollywood Casino Springfield fits seamlessly in to the downtown area.’’The

program calls for relocating The Republican newspaper from its present internet site on Most importantStreet.Penn

is going to be competing in the city with a project proposed by MGM Resorts in the city’s South Finish.Ameristar is expected to propose a casino project on the city’s east side, and

HardRock International has also expressed interest in Springfield.Mayor Sarno has

put forth a plan for the corporations to compete for the appropriate to negotiate together with the city more than an agreement to host a casino.

 
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