Veylor
Gaming
Live · 05.15.26
Property · Commercial Gaming

Hollywood Casino at Penn National

Grantville, Pennsylvania · Greater Harrisburg market
Verticals Covered
Slot · Table · Poker
Operator (OpCo)
Real Estate (PropCo)
Asset Type
OpCo / PropCo Split · Racino
Opened
2008
Latest Period | Update Cadence
April 2026 | Monthly (15th of following)
Total Gaming Revenue
TTM Revenue
$268.4M
+3.8% YoY
Revenue (Apr 2026)
$22.3M
+3.2% YoY
Gaming Tax (TTM)
$120.4M
44.9% effective
Mkt Share (State)
7.8%
+10 bps
Slots
Slot Revenue (TTM)
$213.6M
+4.2% YoY
Total Slot Units
2,170
−1.4% YoY
Win / Unit / Day
$248
+2.4% YoY
Slot Fair Share i
1.08×
Above fair
Tables
Table Revenue (TTM)
$54.2M
+1.8% YoY
Total Tables
68
0% YoY
Win / Unit / Day
$2,184
−1.2% YoY
Table Fair Share i
0.94×
Below fair

Hollywood Casino at Penn National is the largest commercial casino in Greater Harrisburg by gaming revenue, ranking 4th of 17 PA commercial properties. Slot productivity sits modestly above the catchment median; table productivity has softened since 2024 but remains in the upper quartile of PA Category 1 racinos. The property operates under an OpCo / PropCo structure with Penn Entertainment running operations and GLPI owning the real estate (master lease).

Gaming Revenue

Granularity
Window
Download
Latest Month YoY
+3.2%
TTM YoY
+3.8%
3-Yr CAGR
+5.2%
5-Yr CAGR
+6.8%
10-Yr CAGR
+4.6%
Slot
Table
Poker
$25M $20M $15M $10M Apr 23 Apr 24 Apr 25 Apr 26

Slots + Tables Over Time i

Granularity
Window
Slots (left axis)
Tables (right axis)
2,400 2,200 2,000 1,800 80 65 50 35 2021 2022 2023 2024 2025 26 YTD 2,170 68

Productivity vs. Catchment i

Granularity
Window
Slot Win / Unit / Day
$248+12% vs. catchment
Catchment median $221 · PA median $237
Table Win / Unit / Day
$2,184−6% vs. catchment
Catchment median $2,324 · PA median $2,418

Competitive Set i

Radius
Core comps: 6 properties Tribal properties in catchment: 1 Catchment population: 4.1M within 60 mi Catchment GGR (commercial only): $1.89B TTM
30 mi 60 mi 120 mi
This property
Core comp (30 mi)
Tribal (capacity only)
Secondary (60 mi)
PropertyDistSlotsTablesRev (TTM)Slot W/U/DSlot Fair ShareYoY
Hollywood Casino at Penn National Penn Entertainment · Grantville2,17068$268.4M$2481.08×+3.8%
Hollywood Casino · Morgantown Penn Entertainment · Morgantown22 mi75030$96.4M$2921.21×+5.1%
Parx Casino Shippensburg Greenwood Gaming · Shippensburg26 mi50018$78.2M$2681.14×+9.2%
Mohegan Pennsylvania Mohegan · Wilkes-Barre29 mi2,20075$232.8M$2110.92×−1.4%
Live! Casino Pittsburgh Cordish · Westmoreland19 mi75030$112.4M$2981.27×+6.8%
Hollywood Casino · York Penn Entertainment · York25 mi50024$71.6M$2561.11×+4.2%
Mount Airy Lodge Casino TribalCapacity only · revenue not disclosed28 mi~1,800~60Not publishedN/AN/AN/A

Property Profile

Asset Type
OpCo / PropCo Split · RacinoPGCB
Lease Structure
Master Lease (GLPI)10-K FY24
Slots
2,170PGCB · Period-end
Tables
68PGCB · Period-end
Poker Tables
14PGCB
Gaming Positions
2,578slots + (tables × 6)
Gaming Sq. Ft.
100,000PGCB licensee filing
Hotel Rooms
256Penn Ent. 10-K
Sportsbook
Yes · ESPN BETPGCB · 2023
Race Track
Thoroughbred (Penn National)PGCB

Hold Over Time i

Granularity
Window
Slot Hold · 7.42%
Table Hold · 17.8%
Blended Hold · 9.41%
20% 15% 10% 5% May 23 May 24 May 25 Apr 26

Gaming Tax i

Granularity
Window
Slot Tax · 54% rate
Table Tax · 16% rate
Effective Blended Rate
$140M $100M $60M $20M 2020 2021 2022 2023 2024 2025 26 YTD