Penn National Gaming to acquire Hollywood Casino Perryville from Gaming and Leisure Properties for $31m.

Penn National Gaming, a regional gaming company, agreed to acquire Hollywood Casino Perryville, a firm that offers Vegas style gaming vibes in a friendly community atmosphere, from Gaming and Leisure Properties, a real estate investment trust, for $31m. “Penn National is excited to acquire the operations of Hollywood Casino Perryville, a property we developed in 2010, which will allow us to re-enter the strong Maryland gaming market and add a twentieth gaming jurisdiction to our leading nationwide footprint,” Jay Snowden, Penn National President and CEO.