PENN Entertainment Moves Forward with $195 Million Land-Based Casino Replacement in Harvey
Greta Beck · Aug 19, 2026
PENN Entertainment Moves Forward with $195 Million Land-Based Casino Replacement in Harvey
PENN Entertainment announced plans to invest approximately $195 million to replace its existing Boomtown Casino & Hotel New Orleans riverboat operation in Harvey, Louisiana, with a new land-based Hollywood Casino New Orleans facility on an adjacent inland site, and the project features 875 slots along with 45 table games plus a sportsbook and various dining options plus other amenities. Subject to regulatory approval the new venue is expected to open in 2029 while the move follows a similar trend of riverboat-to-land conversions enabled by a 2018 Louisiana law. The announcement came in August 2026 and it highlights efforts to address declining revenues at the current property through an upgraded physical location that offers improved access and facilities.
Project Scope and Key Features
The planned Hollywood Casino New Orleans will occupy an inland site next to the existing riverboat setup which allows construction to proceed without disrupting ongoing operations at the current Boomtown location. Company statements detail 875 slot machines and 45 table games as core gaming elements while a dedicated sportsbook adds betting options and multiple dining venues along with additional amenities round out the customer offerings. This configuration shifts from a water-based riverboat model to a permanent land structure that eliminates boarding requirements and expands space for guest movement and event programming.
Regulatory Path and 2018 Law Context
Approval from Louisiana gaming regulators remains a required step before groundbreaking can begin and the 2018 law provides the legal framework that permits riverboat operators to transition to land-based sites under specific conditions. PENN Entertainment has submitted the necessary applications which outline the project timeline and compliance measures while state officials review the proposal for adherence to existing gaming statutes and local zoning rules. The process includes public hearings and environmental assessments that must conclude before final permits are issued.
Timeline and Construction Phases
Construction is slated to start once regulatory clearances are obtained with a target completion date set for 2029 that accounts for design finalization, site preparation and building phases. The adjacent inland location simplifies logistics because materials and equipment can reach the site via established roads rather than relying on water transport. Company representatives have indicated phased development that prioritizes core gaming areas first followed by hospitality upgrades and retail additions in later stages.
Revenue Trends and Operational Shift
Figures from the existing Boomtown Casino & Hotel New Orleans show declining revenues in recent reporting periods which prompted the decision to pursue a land-based alternative with enhanced amenities. The inland facility removes limitations tied to riverboat size and docking schedules while providing year-round accessibility regardless of weather conditions on the water. Data released alongside the announcement compares current performance metrics with projected figures for the new property that anticipate higher foot traffic and longer average visit durations.
Community and Economic Considerations
Local officials in Harvey and surrounding parishes have received briefings on the project scope which includes estimates for construction employment and permanent staffing once the casino opens. The 2018 law requires operators to maintain certain community benefit commitments during such transitions and PENN Entertainment has outlined plans to honor those obligations through the new site. Traffic studies and infrastructure assessments form part of the regulatory package to ensure roads and utilities can support increased activity at the inland location.
Conclusion
The $195 million investment by PENN Entertainment represents a direct response to operational challenges at the Boomtown riverboat through conversion to a land-based Hollywood Casino New Orleans that incorporates expanded gaming and hospitality elements. With regulatory review underway and a 2029 opening targeted the project follows the established pathway created by the 2018 Louisiana law and it positions the company to adapt its New Orleans-area presence to changing market demands. Further updates will depend on approval milestones and construction progress reports issued in coming months.