{"id":18626,"date":"2026-09-14T08:30:00","date_gmt":"2026-09-14T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=america&#038;p=18626"},"modified":"2026-09-14T08:05:50","modified_gmt":"2026-09-14T13:05:50","slug":"penn-invests-us200-million-as-detroit-renews-casino-licences","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/penn-invests-us200-million-as-detroit-renews-casino-licences\/","title":{"rendered":"PENN invests US$200 million as Detroit renews casino licences"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PENN Entertainment will break ground on September 14, 2026 on a new Hollywood Casino Hotel Council Bluffs worth up to US$200 million in Iowa, while Michigan has just renewed the licences of MGM Grand Detroit, MotorCity Casino and Hollywood Casino at Greektown, in a week marked by physical expansion and regulatory continuity across the U.S. regional casino market.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Council Bluffs<\/strong> project will replace the current <strong>Ameristar Casino Hotel<\/strong>, whose gaming floor operates on a riverboat, with a land-based facility spanning approximately <strong>125,000 square feet<\/strong>, including around <strong>58,000 square feet of gaming space<\/strong>. The configuration calls for approximately <strong>1,000 slot machines and 25 live gaming tables<\/strong> on a single level, compared with the 628 slots and 16 tables reported by the property in April 2026.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"654\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences2-1024x654.jpg\" alt=\"\" class=\"wp-image-18628\" style=\"aspect-ratio:1.5664893617021276\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences2-1024x654.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences2-300x192.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences2-768x490.jpg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences2.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">PENN, led by <strong>Jay Snowden<\/strong>, will invest between <strong>US$180 million and US$200 million<\/strong>. Construction is expected to take <strong>18 to 24 months<\/strong>, generate approximately <strong>450 temporary construction jobs<\/strong> and add around <strong>50 permanent positions<\/strong> at a property that already employs more than 500 people.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The complex will connect directly to the existing hotel with more than <strong>160 rooms<\/strong> and will add the Omaha area\u2019s first <strong>Shake Shack<\/strong> and the Asian concept <strong>Red Lotus<\/strong>, alongside 1853 Bistro and Steakhouse, The Sportsbook Restaurant and Bar, Club 38 VIP Lounge and a buffet.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"745\" height=\"447\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences3.png\" alt=\"\" class=\"wp-image-18629\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences3.png 745w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences3-300x180.png 300w\" sizes=\"auto, (max-width: 745px) 100vw, 745px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Amy Burkhart<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Iowa Racing and Gaming Commission<\/strong>, chaired by <strong>Amy Burkhart<\/strong> and administered by <strong>Tina Eick<\/strong>, approved the move to land-based gaming in April 2025 and extended the agreement with the <strong>Iowa West Racing Association<\/strong> through <strong>2041<\/strong>. PENN also holds an option with <strong>Gaming and Leisure Properties<\/strong> to finance up to <strong>US$150 million<\/strong> of the project.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"742\" height=\"437\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences4.png\" alt=\"\" class=\"wp-image-18630\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences4.png 742w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences4-300x177.png 300w\" sizes=\"auto, (max-width: 742px) 100vw, 742px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Jim Townsend<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Michigan, the <strong>Michigan Gaming Control Board<\/strong>, chaired by <strong>Jim Townsend<\/strong> and led operationally by Executive Director <strong>Henry Williams<\/strong>, renewed the annual licences of Detroit\u2019s three commercial casinos on <strong>September 8<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"637\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences5.jpg\" alt=\"\" class=\"wp-image-18631\" style=\"aspect-ratio:1.5706666666666667\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences5.jpg 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences5-300x191.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/09\/penn-invests-us200-million-as-detroit-renews-casino-licences5-768x489.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In 2025, <strong>MGM Grand Detroit<\/strong> generated <strong>US$605.3 million<\/strong>, <strong>MotorCity Casino US$376.1 million<\/strong> and <strong>Hollywood Casino at Greektown US$283.9 million<\/strong>, for a combined <strong>US$1.265 billion<\/strong> in slot and table-game revenue.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg\" alt=\"\" class=\"wp-image-16352\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg 600w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE-300x250.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Detroit applies a total tax burden of <strong>19% on AGR<\/strong>, with <strong>8.1% going to Michigan and 10.9% to the city<\/strong>, in addition to regulatory payments and development agreements. Hollywood Greektown, also operated by PENN, will undergo licence renewal again alongside MGM and MotorCity in <strong>September 2027<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PENN Entertainment will break ground on September 14, 2026 on a new Hollywood Casino Hotel Council Bluffs worth up to US$200 million in Iowa, while Michigan has just renewed the licences of MGM Grand Detroit, MotorCity Casino and Hollywood Casino at Greektown, in a week marked by physical expansion and regulatory continuity across the U.S. regional casino market.<\/p>\n","protected":false},"author":1,"featured_media":18627,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[1458,57,4950,15,4803,1685,1714,354,254,105],"class_list":["post-18626","america","type-america","status-publish","format-standard","has-post-thumbnail","category-sin-categoria","tag-america","tag-casinos","tag-detroit","tag-gambling","tag-iowa","tag-mgm","tag-michigan","tag-responsible-gambling","tag-slot-machines","tag-sports-betting","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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