New York-listed on line casino operator Penn Nationwide Gaming has reopened 5 of its properties in Louisiana and can open an additional 5 casinos in Mississippi later right this moment.
The reopened amenities symbolize over 25 per cent of the corporate’s portfolio of regional on line casino belongings, with casinos in Louisiana efficiently reopening on Monday and Mississippi casinos scheduled to open Thursday.
Penn Nationwide has carried out property-specific social distancing and security protocols, developed in shut session with state regulators and public well being officers.
“As the most important operator of casinos in Louisiana and Mississippi, we’re excited and grateful to have the ability to reopen our doorways and welcome again our workforce members and dependable company to our amenities,” stated Penn Nationwide president and CEO Jay Snowden.
“We’re persevering with to work intently with our regulators and state and native leaders to organize for the eventual reopening of all of our properties nationwide, and I wish to thank the workforce at Penn who has labored tirelessly over the past a number of weeks to organize for this course of.”
The Louisiana properties that reopened embrace Boomtown On line casino Bossier Metropolis, Boomtown On line casino New Orleans, L’Auberge On line casino Baton Rouge, L’Auberge On line casino Lake Charles and Margaritaville On line casino Bossier Metropolis.
The Mississippi properties scheduled to reopen later right this moment embrace 1stJackpot On line casino Tunica, Ameristar On line casino Resort Vicksburg, Boomtown On line casino Biloxi, Hollywood On line casino Gulf Coast and Hollywood On line casino Tunica.
Different US states are additionally starting to organize for the resumption of gaming operations, together with West Virginia, which is anticipated to reopen on 5 June.
“Penn Nationwide could be very well-positioned to renew its constructive momentum that was minimize brief in mid-March by the COVID-19 pandemic,” continued Snowden. “Our geographic diversification throughout 19 states – with not more than 15% of our revenues being derived from any single state – ought to be a major profit as states start to open casinos on a sequential foundation.”
Shares in Penn Nationwide Gaming Inc (NSQ:PENN) closed up 12.96 per cent at $26.81 per share in New York Wednesday.