Two coast casinos could be seeing name changes in the near future. Penn National Gaming Corporation will acquire Hollywood Casino for 780 million dollars next year. And officials with Penn say all of their properties will be placed under the Hollywood banner.
That includes two properties on the coast, Casino Magic in Bay St. Louis, and Boomtown Casino on the back bay in Biloxi. When the purchase of Hollywood is closed, Penn will have revenues of a billion dollars a year, according to company officials.