The Greater Siouxland Improvement Association will serve as Penn National’s qualified sponsoring organization and is comprised of an impressive group of local leaders and concerned constituents with a focused goal. The board members of Greater Siouxland bring an extended and impressive record of community service, integrity and dedication, as well as a wealth of fresh ideas on the needs of the community.Peter Carlino, Chairman and Chief Executive Officer of Penn National Gaming, commented, “In carefully considering the needs and requirements of the local community and the goals of the IRGC, we believe each proposal represents the strongest option for Woodbury County and the State of Iowa. We are prepared to work immediately with the IRGC and other local leaders to develop whichever of these facilities is deemed to be the most attractive and beneficial to the city and state of Iowa. Given the number of proposed gaming projects in recent years that have not been completed, we believe the importance of the financial strength of the operator and our ability to deliver on the commitments we’ve made are critical distinguishing factors. Penn National requires no financing to move forward with our proposals and can fund either of these projects with cash flow from existing operations.
Penn National Gaming Submits Separate Proposals For $160 Million Downtown Hollywood Casino Sioux City And $167 Million Hollywood Casino Siouxland In Woodbury County
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