Artist's rendering of the Hollywood Casino Jamul. Image from Penn National Gaming
The Jamul Indian Village of California is expected to open a $390 million casino in July 2016. The tribe broke ground on the Hollywood Casino Jamul in January 2014. The 200,000 square-foot facility will feature over 1,700 slot machines, 50 table games, restaurants, bars, lounges and a 1,900-space parking garage. The casino will be the closest to San Diego -- only about 20 miles. It's expected to generate $25 million to $30 million a year for Penn National Gaming, the tribe's partner, according to Moody's Investor Service. "Positive rating considerations include Jamul's close proximity to San Diego, California. Jamul will be the closest casino to San Diego, a large, heavy populated metropolitan area," Moody's wrote. "The project will also benefit from the expertise of Penn, the manager and developer of the project, who currently operates 27 facilities throughout the US." According to Moody's, Penn National has put $179 million into the project, about half of the costs. Get the Story:
Moody's backs Tropicana owner's San Diego Indian casino (The Las Vegas Review-Journal 11/28)
Related Stories
Construction
worker dies at site of Jamul Indian Village casino (09/02) New leader of Jamul Indian Village cites benefits of $360M casino (8/26)
Another lawsuit seeks to block Jamul Band from $360M casino (05/29)
Judge again refuses to stop Jamul Band from building casino (05/20)
Jamul Band finishes excavation work for $360M gaming facility (12/17)
Jamul Band continues work on $360M casino after victory in court (08/28)
Judge won't block construction of Jamul Indian Village casino (04/24)
Jamul Band rejects claim about burial ground at casino site (04/23)
Judge hears arguments in lawsuit against Jamul Band casino (04/17)
Lawsuit claims remains were removed for Jamul Band casino (04/16)
Raymond Hunter: Casino means self-sufficiency for Jamul Band (03/10)
Join the Conversation
