- Penn Entertainment, led by CEO Jay Snowden, announced multiple expansions and partnerships across various locations including Las Vegas, Joliet, and New Orleans.
- Penn Entertainment, led by CEO Jay Snowden, announced multiple expansions and partnerships across various locations including Las Vegas, Joliet, and New Orleans.
- Penn Entertainment, led by CEO Jay Snowden, announced multiple expansions and partnerships across various locations including Las Vegas, Joliet, and New Orleans.
- Penn Entertainment, led by CEO Jay Snowden, announced multiple expansions and partnerships across various locations including Las Vegas, Joliet, and New Orleans.
Prologis and Gaming and Leisure JV to convert Joliet casino site into warehouse hub
What happened
Gaming and Leisure Properties announced a joint venture with Prologis regarding the redevelopment of the former Hollywood Casino Joliet site in Illinois. Prologis plans to transition the site into a distribution and warehouse hub. The industrial real estate company will develop the property over five years and holds options over phases two and three.
From casino.org
Why it matters
The deal marks Prologis's first joint venture and its first transaction outside of the gaming industry. Gaming and Leisure Properties, which owns the real estate, chose to enter a joint venture rather than selling the property outright.
Penn Entertainment has announced multiple expansions and partnerships across various locations, including Las Vegas, Joliet, and New Orleans.
From casino.org
Who's involved
- Penn EntertainmentOperator of Hollywood Casino Joliet, which moved to a new venue in August 2025
- PrologisMultinational logistics real estate investment trust partnering to convert the site into a warehouse hub
- JolietCity in Illinois where the casino site is being redeveloped into a warehouse hub
Keep exploring
Part of
Penn Entertainment, led by CEO Jay Snowden, announced multiple expansions and partnerships across various locations including Las Vegas, Joliet, and New Orleans.Also in this story
- Penn Entertainment, led by Jay Snowden, operates interactive businesses in Gibraltar.
- Penn Entertainment acquired a stake in Barstool Sports and Barstool Sports entered into a content deal with Fox Sports.
- Penn Entertainment, led by CEO Jay Snowden, announced multiple expansions and partnerships across various locations including Las Vegas, Joliet, and New Orleans.
The entities involved
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Penn Entertainment
American entertainment company and operator of integrated entertainment, sports content, and casino gaming based in Pennsylvania.
Nothing else this week.
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Prologis
multinational logistics real estate investment trust
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Joliet
city in Illinois, United States