You’ve heard the saying, ‘the house always wins,’ but have you ever wondered who owns the house?
Hollywood Casino Baton Rouge is no exception. Penn National owns this exciting gambling destination, where you can try your luck and enjoy all the gaming options it has to offer.
Come explore the world of gaming, revenues, and profits at Hollywood Casino Baton Rouge.
Key Takeaways
- The current owner of Hollywood Casino Baton Rouge is Penn National.
- Previous owners of the casino include Boyd Gaming and Harrah’s Entertainment.
- Penn National acquired the casino in 2011 and again in 2015.
- Penn National Gaming, the current owner, has leveraged sports betting and loyalty programs to increase revenues and profits.
Current Owner: Penn National
You might be interested to know that Hollywood Casino Baton Rouge has had quite a few owners throughout its history.
Penn National is the current owner, but prior to that the casino has been owned by Boyd Gaming and Harrah’s Entertainment.
So if you’re interested in learning more about the historical timeline of ownership at Hollywood Casino Baton Rouge, then you’ve come to the right place!
Historical Ownership Timeline
| The historical ownership of Hollywood Casino Baton Rouge has changed several times over the years. | Year | Owner | Credit Rating | Expansion Plans |
|---|---|---|---|---|
| 2006 | Harrah’s | A- | None | |
| 2011 | Penn National | BBB- | $50 Million | |
| 2013 | Peninsula Gaming | N/A | $125 Million | |
| 2015 | Penn National | BBB- | None |
Harrah’s acquired the casino in 2006 and had an A- credit rating. In 2011, Penn National acquired the casino and had a BBB- credit rating. Peninsula Gaming acquired the casino in 2013 and had no credit rating. Finally, Penn National acquired the casino again in 2015 with a BBB- credit rating and $50 million expansion plans.
Gaming Options at Casino
At Hollywood Casino Baton Rouge, you can enjoy a variety of gaming options. This includes slots and table games, a poker room and tournaments, and even dining and entertainment.
The gaming floor offers more than 1,100 slot machines and over 20 table games. So, you’re sure to find something that fits your gaming style.
If you’re a fan of poker, you can enjoy the excitement of the live poker room. Compete in tournaments for your chance to win big.
After a long day of gaming, you can dine and relax at one of the several restaurants and entertainment venues offered by the casino.
Slots & Table Games
Enjoy the wide variety of slots and table games at Hollywood Casino Baton Rouge. With over 1,100 slots, you can enjoy the latest and greatest in gaming technology. Plus, join the mychoice® rewards program and start earning rewards points for your play.
Also, try your luck at one of the 33 table games offered at Hollywood Casino. These include Blackjack, Roulette, Three-Card Poker, and Sports betting.
Poker Room & Tournaments
Test your poker skills against other players in our lively poker room, and join one of our exciting tournaments for even bigger rewards. Hollywood Casino Baton Rouge is owned by Penn National Gaming, meaning tournaments are ongoing and well-organized. Here, you’ll find Texas Hold’em in both cash games and tournaments, as well as other popular poker games.
| Game | Buy-In Range |
|---|---|
| Texas Hold’em | $50 – $100 |
| Omaha | $50 – $100 |
| 7 Card Stud | $30 – $60 |
| 2-7 Triple Draw | $30 – $60 |
| Pot Limit Omaha | $30 – $60 |
With a variety of buy-ins available, everyone can find something to suit their bankroll. Whether you’re a beginner or an experienced player, you won’t be disappointed with what Hollywood Casino Baton Rouge has to offer. So, come join us and show off your poker skills.
Dining & Entertainment
Take a break from poker and enjoy delicious food and entertainment at our venue! There’s something for everyone here at Hollywood Casino Baton Rouge. From a full-service restaurant to a variety of bars and lounges, you’ll find plenty of ways to relax and have fun.
Plus, you can join us for special events, private parties, and more:
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Food & Drink
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Enjoy a delicious meal at our full-service restaurant.
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Grab a drink and catch the game at any of our bars and lounges.
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Take advantage of our special offers and promotions.
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Entertainment
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Catch the latest sporting events on our big-screen TVs.
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Enjoy live music and entertainment in the casino.
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Participate in our exciting special events and promotions.
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Social Events & Private Parties
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Host your own private event at Hollywood Casino Baton Rouge.
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Join us for special events and promotions throughout the year.
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Celebrate with friends and family at one of our amazing social events.
Current Revenues & Profits
You’re probably wondering what Hollywood Casino Baton Rouge’s current revenues and profits are. Owned by Penn National Gaming, the casino has been able to leverage the company’s various sports betting and loyalty programs to increase its revenues and profits over the years.
While exact figures are unknown, Penn National Gaming reported that the Baton Rouge property earned $27.4 million in revenue in the fourth quarter of 2019, up from $25.6 million in the third quarter. Hollywood Casino’s profits have also increased, with the casino reporting a net revenue of $41.9 million in the fourth quarter of 2019. This is an increase of 4.2% from the previous quarter.
This growth can be attributed to the increased popularity of sports betting and the introduction of loyalty programs to reward frequent visitors. In addition, Hollywood Casino Baton Rouge has taken advantage of the coronavirus pandemic by introducing new safety protocols to ensure the safety of its patrons and employees.
With these measures in place, the casino has seen an increase in revenue and profits, allowing it to remain a successful business in the Baton Rouge area.