Defunct American gaming company
Hollywood Casino Corp. was a gaming company based in Dallas, Texas . It was acquired in 2003 by Penn National Gaming for $328 million plus $360 million in assumed debt.[ 1]
In the early 1990s, as legalized gambling spread to new states, the Pratts, owners of Sands Atlantic City , established Hollywood Casino Corp. to develop new casinos under the Hollywood Casino name.[ 2] initial public offering in 1993, HWCC owned an 80 percent stake in Pratt Hotel.[ 3]
The company made its initial public offering in May 1993.[ 4] Aurora, Illinois the next month.[ 5] Tunica County, Mississippi from Summit Casinos for $15 million,[ 6] [ 7] Shreveport, Louisiana was opened in December 2000.[ 8]
List of properties
References
^ "Penn completes Hollywood Casino buy" . Dallas Business Journal . March 4, 2003. Retrieved August 3, 2012 .^ Sammy Fretwell (February 28, 1994). "Texas man betting on big payoffs if S.C. legalizes gambling" . The State . Columbia, SC – via NewsBank. ^ Fred Faust (May 29, 1993). "Hot shots: Two of three offerings of gambling stock win big this week" . St. Louis Post-Dispatch – via NewsBank. ^ McCartney, Scott; Calian, Sara (June 7, 1993). "Hollywood Casino shares offer bold bet for gamblers" . Wall Street Journal . (subscription required) ^ "Hollywood Casinos' gaming paddle-wheelers get underway" . Dallas Morning News . Bloomberg. June 18, 1993.(subscription required) ^ Campbell, Laurel (January 7, 1994). "New player antes up for Tunica casino" . The Commercial Appeal . Memphis. (subscription required) ^ Campbell, Laurel (August 9, 1994). "Hollywood crowd big at casino's premiere" . The Commercial Appeal . Memphis. (subscription required) ^ "River casino going Hollywood: Movie-theme boat making its debut today in Shreveport" . Dallas Morning News . AP. December 20, 2000.(subscription required)
