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Cordish Companies and Penn National Unveil Renderings and Additional Project Details for ‘Live! Hotel & Casino New York’

Tuesday, June 17, 2014
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Penn National Gaming, Inc.
Penn National Gaming, Inc.

The Cordish Companies and Penn National Gaming today released details of their proposed “Live! Hotel & Casino New York.” The $750 millionproject, located in Orange County, New York, in the Village of South Blooming Grove, includes an upscale boutique hotel with over 300 rooms and suites; a destination spa and fitness center; over 3,000 slot machines; more than 250 live table games, including poker; several marquee restaurants; as well as a live entertainment venue and a spacious conference center. The property will be owned and managed by a 50/50 joint venture between the companies. For complete information, visit www.livehotelcasinony.com.

The Cordish Companies and Penn National Gaming today released details of their proposed "Live! Hotel & Casino New York." The $750 million project, located in Orange County, New York, in theVillage of South Blooming Grove, includes an upscale boutique hotel with over 300 rooms and suites; a destination spa and fitness center; over 3,000 slot machines; more than 250 live table games, including poker; several marquee restaurants; as well as a live entertainment venue and a spacious conference center. The property will be owned and managed by a 50/50 joint venture between the companies. For complete information, visit www.livehotelcasinony.com (Photo: Business Wire)

About the Cordish Companies
The Cordish Companies' origins date back to 1910 and encompass four generations of privately held, family ownership. During the past ten decades, The Cordish Companies has grown into one of the largest and most successful operators of entertainment districts and concepts in the United States. Within its entertainment portfolio, The Cordish Companies owns and manages several Live! entertainment districts throughout the United States which welcome over 50 million visitors every year and are the most visited destinations in their respective regions. The Cordish Companies has received international acclaim for its hospitality developments. This division focuses on developing and operating best-in-class, high-profile gaming and lodging destinations. The Cordish Companies is proud to have developed several of the most successful gaming and resort destinations in the world including the Seminole Hard Rock Hotel & Casinos in Hollywood and Tampa, Florida; Maryland Live! Casino in Hanover, MD and Charleston Place in Charleston, SC.

About Penn National Gaming
Penn National Gaming, through its subsidiaries, owns, operates or has ownership interests in gaming and racing facilities with a focus on slot machine entertainment. Penn National Gaming presently operates twenty-seven facilities in eighteen jurisdictions, including Florida, Illinois, Indiana, Iowa, Kansas, Maine,Massachusetts, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas,West Virginia, and Ontario. In aggregate, Penn National Gaming's operated facilities feature approximately 31,000 gaming machines, 800 table games and 2,900 hotel rooms.

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