Are you curious about who owns the Presque Isle Casino?
With over $140 million in annual revenue, it’s no surprise that this casino has a dedicated owner.
You may be surprised to learn that the owner is GAN, an international gaming company.
Read on to learn more about the facilities, current revenues, and profits of Presque Isle Casino.
Key Takeaways
- GAN is the current owner of Presque Isle Casino.
- GAN has owned the casino since 2014, with ownership changes prior to that.
- Presque Isle Casino is located in Erie, Pennsylvania and is a popular destination for entertainment and gaming.
- The casino offers a wide selection of slot machines, table games, dining options, and entertainment.
Current Owner: GAN
You may be wondering who owns Presque Isle Casino, and the answer is GAN. The casino has had a few ownership changes over the years, but GAN is the current owner.
They have been in charge of the casino since 2019, so if you’re looking for the latest information about Presque Isle Casino, GAN is the right source to turn to.
Historical Ownership Changes – GAN
Since 2004, GAN (formerly known as GameAccount Network) has owned Presque Isle Casino. Before the current ownership, the casino has experienced many legal battles and ownership changes. Here is a quick overview of the ownership changes since 2004:
- In 2004, the casino was purchased by Penn Nationalizing Gaming and its subsidiary, PLEC.
- In 2005, the casino was sold to an affiliate of the Canadian firm, Cadillac Fairview.
- In 2007, the casino was sold to Presque Isle Downs, Inc., a subsidiary of MTR Gaming Group.
- In 2014, the casino was acquired by GAN.
GAN is now the current owners of the Presque Isle Casino, and it has been since 2014.
Facilities of Casino
Located in Erie, Pennsylvania, Presque Isle Downs & Casino is open 24/7.
The casino offers over 1,600 slot machines and 32 table games, providing plenty of gaming choices for players.
In addition to the gaming options, the property also features a horse racing track, restaurants, bars, and an events center.
With its wide range of amenities and around-the-clock operation, Presque Isle Downs & Casino is a popular destination for entertainment and gaming in Erie.
Location & Hours
Come visit Presque Isle Casino, open 24/7, and enjoy all the games and entertainment it has to offer!
This incredible casino is owned by Churchill Downs Incorporated and located along the waterfront in Erie, Pennsylvania. You can enjoy a variety of concerts, live entertainment, and delicious food options while experiencing the excitement of the gaming floor.
And, if you’re feeling lucky, you can try your luck at one of the many slot machines or table games. Plus, you can take advantage of their special promotions, bonuses, and rewards programs.
The casino is open around the clock, so you can come anytime and stay as long as you’d like.
Gaming Selection
Experience the thrill of gaming with a variety of slot machines and table games available at Churchill Downs Incorporated’s waterfront casino in Erie, Pennsylvania. Enjoy the heart-pumping excitement of playing for progressive jackpots and honing your gaming strategies. The selection of games at Presque Isle Casino features:
| Table Games | Video Poker | Slots |
|---|---|---|
| Blackjack | Jacks or Better | Reel Slots |
| Roulette | Deuces Wild | Video Slots |
| Baccarat | Bonus Poker | 3D Slots |
| Pai Gow |
Come join the fun and excitement at Presque Isle Casino!
Amenities
Enjoy the convenience of a variety of amenities offered at Churchill Downs Incorporated’s waterfront casino in Erie, Pennsylvania.
From the minute you walk in, you’ll be treated to first-class customer service. The friendly staff is always ready to assist you with any questions or needs you may have during your visit.
Enjoy a wide selection of dining options that offer delicious food for all tastes. Whether you’re looking for fine dining or a quick bite, there’s something to suit every palate. Plus, there’s a full-service bar for those who want to relax with a few drinks.
There’s plenty of entertainment for everyone, including live music, video games, and more. The casino also offers a variety of discounted packages and promotions to help make your experience even more enjoyable.
All of these amenities make Presque Isle Casino the perfect destination for a night out.
Current Revenues & Profits
The operator of Presque Isle Casino, Churchill Downs Inc., has seen a steady increase in revenues and profits in recent years. You can take a look at the table below to get a better idea of how the revenues and profits have grown over the past few years. The casino offers a variety of live entertainment and food options that have helped to drive the increased profits.
| Year | Revenue | Profit |
|---|---|---|
| 2017 | $259.4M | $14.4M |
| 2018 | $260.7M | $18.2M |
| 2019 | $280.6M | $23.2M |
| 2020 | $287.3M | $24.7M |
The casino has seen steady growth in each year, consistently increasing their profits while also diversifying their offerings to keep people coming back. They have added more slot machines, table games, and even a sportsbook to their repertoire. In addition, they have added more live entertainment and food options to appeal to a wider variety of guests.
Churchill Downs Inc. is committed to the long-term success of Presque Isle Casino and is constantly looking for ways to improve the gaming experience for their guests. They continue to invest in the facility and its amenities to ensure that it will remain a popular destination for years to come.