Hollywood Gaming Mahoning Valley Race Course

What Hollywood Gaming Mahoning Valley Race Course does

Hollywood Gaming at Mahoning Valley Race Course is a racino property — a combination racetrack and casino — located at 655 North Canfield Niles Road in Austintown/Youngstown, Ohio, wholly owned and operated by PENN Entertainment, Inc. (NASDAQ: PENN). The asset generates revenue across five streams: (i) video lottery terminal gaming on 1,000+ machines with denominations from 1¢ to $25, (ii) live thoroughbred horse racing October through April plus year-round simulcast wagering on a one-mile oval track, (iii) in-person and mobile sports betting via The Sportsbook and theScore BET app, (iv) food and beverage across four on-site outlets including Take 2 Grill, Trackside, Zombie Dogz & Piez, and a full-service restaurant, and (v) event space rentals across three configurable venues totaling roughly 8,800 square feet.

The technology base consists of a VLT gaming floor integrated with PENN Play, a tiered loyalty program (Play, Advantage, Preferred, Elite, Owners Club) that is interoperable across 40+ PENN Entertainment properties. Digital channels include the PENN Play mobile app for real-time rewards, self-service betting kiosks available 24/7, HollywoodRaces.com for online account wagering when connected to property Wi-Fi, and theScore BET for mobile sports betting in 20+ U.S. states and Ontario. The customer base spans adult gaming, sports betting, horse racing, entertainment, casual dining, and corporate event segments, all served within the Youngstown/Northeast Ohio draw radius.

Commercially, the property operates on a usage-based and transaction-fee revenue model: VLT coin-in drives Tier Point accrual ($5 coin-in = 1 tier point) and PENN Cash earnings, while racing and sports betting generate handle-based revenue share. The go-to-market is a hybrid of physical destination visitation and mobile/digital engagement, supported by tier-based loyalty promotions, real-time rewards through the app, and cross-property portability of rewards under PENN's portfolio. The property opened in 2014 and is one of several Hollywood Gaming-branded racinos in PENN Entertainment's U.S. portfolio.

Name

Hollywood Gaming Mahoning Valley Race Course

Legal name

Hollywood Gaming at Mahoning Valley Race Course

Website

https://hollywoodmahoningvalley.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Hollywood Gaming at Mahoning Valley Race Course is a PENN Entertainment-owned racino in Youngstown, Ohio operating 1,000+ video lottery terminals, live thoroughbred racing, sports betting, dining, and event venues for adult gaming and entertainment customers in Northeast Ohio.

Ownership category

akta.pro rank

Product category

Casino Gaming and Horse Racing

NAICS

Racetracks (711212), Casinos (except Casino Hotels) (71321)

SIC

Services-Racing, Including Track Operation (7948), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Racinos (Casino + Racetrack) (MPAEAAAF)

akta.pro secondary industry

Online Horse Racing Betting (Advance Deposit Wagering/ADW) (MPAEADAD)

Keywords

• Video lottery gaming
• Horse racing wagering
• Sports betting
• Casino entertainment
• Loyalty rewards program

Headquarters

HQ city

Youngstown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure

Revenue model

1. Video Lottery Terminal Gaming: Primary revenue from slot machine-style VLTs with denominations from 1 cent to $25. Players earn Tier Points ($5 coin-in = 1 tier point) and PENN Cash through play. Free Play and bonus play promotions drive engagement.
2. Horse Racing Wagering: Live thoroughbred racing October through April with simulcast racing year-round. Revenue from mutuel wagering (win, place, show, exotic bets). Track is one-mile oval with 7-8 horses per race on average.
3. Sports Betting: In-person sports wagering at The Sportsbook with live betting, parlays, moneylines, futures, teasers, and prop bets. Kiosks available 24/7. Integration with theScore BET mobile app for expanded sports betting reach.
4. Food and Beverage: Multiple dining venues including The Sportsbook restaurant, Take 2 Grill (fast food), Trackside (concession), Zombie Dogz & Piez, and H Lounge bar. PENN Cash and comp dollars redeemable at outlets.
5. Entertainment and Events: Live music at H Lounge, fight nights (UFC, boxing), event space rentals for private events, conferences, and weddings. Ticketmaster integration for PENN Cash redemption on event tickets.
6. Event Space Rental: Venues include The Overlook (25-40 guests, 1,010 sq ft), Trackside (50-250 guests, 6,756 sq ft), and The Gallery (up to 25 guests, 1,047 sq ft). Catering and audiovisual services available.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Hollywood Gaming at Mahoning Valley Race Course is a racino (racetrack and casino) operating over 1,000 video lottery terminals (VLTs) with denominations from 1 cent to $25, live thoroughbred horse racing October through April, year-round simulcast wagering, in-person and mobile sports betting via theScore BET, and on-site dining and entertainment venues. The property is integrated into PENN Entertainment's PENN Play loyalty program, allowing members to earn Tier Points and PENN Cash redeemable across 40+ PENN properties.

Product overview

Hollywood Gaming at Mahoning Valley Race Course is a racino (racetrack and casino) offering a diversified entertainment portfolio centered around video lottery terminals (VLTs) and live thoroughbred horse racing. The property operates over 1,000 VLTs with denominations from 1 cent to $25, featuring popular slot titles and progressive jackpots. Live racing runs October through April with simulcast wagering available year-round. The Sportsbook provides sports betting with full-service dining. On-site dining includes Take 2 Grill (quick-service), Trackside (concession), and Zombie Dogz & Piez (gourmet pizza and hot dogs). The PENN Play loyalty program integrates across all gaming and dining experiences, allowing members to earn Tier Points and PENN Cash redeemable at participating PENN Entertainment properties. Additional offerings include H Lounge live entertainment, event/meeting spaces, and a free online social casino at pennplaycasino.com.

Differentiator

Problem solved

Functional benefit

Brands

• The Sportsbook: On-site sportsbook featuring live sports wagering, dining, and large-screen viewing of sporting events.
• PENN Play
• PENN Play Casino
• theScore BET
• Take 2 Grill
• Trackside
• Zombie Dogz & Piez
• H Lounge

Products and services

• Video Lottery Terminals (VLTs) Electronic gaming machines offering slot-style gameplay with denominations from 1 cent to $25, including progressive jackpots, bonus rounds, Keno, and titles like Jin Long, Triple Double Stars, Hotter Than Blazes, Dancing Drums, and Legend of the 3X 2X Phoenix. Targeted at adults 21+ seeking electronic gaming entertainment.
• Live Thoroughbred Horse Racing Live horse racing at a one-mile, 80-foot-wide oval thoroughbred racetrack, run October through April on Mondays, Tuesdays, Wednesdays, Thursdays, and select Saturdays, with post times starting 12:15 p.m. on Saturdays and 12:45 p.m. on weekdays. Aimed at horse racing enthusiasts and wagering patrons.
• Simulcast Racing Year-round simulcast wagering on thoroughbred and harness races from racetracks nationwide, featuring mutuel tellers, self-service betting kiosks (24/7), and remote access via HollywoodRaces.com when connected to property Wi-Fi. Targeted at year-round horse racing bettors.
• The Sportsbook In-person sports betting venue with live in-game wagering, cross-sports parlays, money lines, futures, teasers, round robins, prop bets, and Quick Pick 6 Parlay. Includes a full-service restaurant, full bar service, and 24/7 self-service betting kiosks. Targeted at sports fans and bettors.
• PENN Play Loyalty Program Free loyalty rewards program where members earn Tier Points and PENN Cash through play. Tiers include Play, Advantage, Preferred, Elite, and Owners Club. At Mahoning Valley, $5 coin-in equals 1 tier point. PENN Cash is redeemable for dining, retail, hotel rooms, and online shopping at PENN Marketplace across participating PENN Entertainment properties.
• Take 2 Grill On-site quick-service restaurant offering grilled sandwiches, burgers, wraps, mac and cheese, coffee, smoothies, soups, and salads. Open seven days a week with extended evening hours Thursday through Saturday.
• Zombie Dogz & Piez On-site 21+ American restaurant featuring gourmet pizzas (e.g., Pierogi Pizza, Deadlier Delight), specialty hot dogs, and signature shakes (e.g., Graveyard Mudslide). Open seven days a week with extended evening hours Friday and Saturday.
• Trackside Concession stand offering quick food items such as hot dogs, popcorn, pizza, and pretzels on select live racing days. Targeted at racing-day patrons.
• The Sportsbook Restaurant Full-service restaurant within The Sportsbook venue serving pub fare, salads, salmon, steak, wings, and burgers, with a full bar open until midnight on Fridays and Saturdays.
• H Lounge Entertainment Free live music and entertainment venue featuring local musicians and DJs from the Youngstown, Ohio area across R&B, Hip-Hop, Pop, Rock, and Swing. Includes full bar service.
• Event Space and Meeting Rooms Three event venues available for private events, conferences, weddings, and banquets: The Overlook (1,010 sq ft, 25-40 guests), Trackside (6,756 sq ft, 50-250 guests with stage and dance floor), and The Gallery (1,047 sq ft, up to 25 guests). Includes audiovisual equipment, catering services, and event planning assistance.
• PENN Play Online Casino (Social Casino) Free social casino available at pennplaycasino.com offering slot and table games playable from anywhere. PENN Play account holders can link their account to earn rewards while playing.
• theScore BET Mobile Sportsbook Mobile sportsbook and casino app integrated with theScore media app, available across multiple U.S. states including Ohio and in Ontario, Canada. PENN Play members earn Tier Points and PENN Cash on sports wagers.
• Race Replays Video replays of live races from Mahoning Valley, available the following day through the property website. Targeted at racing fans and handicappers.

Quantifiable outcome

• Free admission to gaming facility (no entry charge)
• +1 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered minor and core.

• TicketmasterminorGTM or Marketing PartnerPENN Play members can redeem PENN Cash for tickets to concerts and sporting events through Ticketmaster. Integration enables PENN Cash to be converted into entertainment experiences, driving loyalty program value and cross-category engagement.
• theScore BETcoreTechnology or IntegrationPENN Entertainment's official sportsbook integrated with theScore media app. Provides mobile sports betting and casino across 20+ states and Ontario, Canada. PENN Play members earn Tier Points and PENN Cash on sports wagers through the app. Brings media and betting together in unified platform.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• PENN Entertainment: NASDAQ-listed parent company (PENN) that owns and operates Mahoning Valley and 40+ other properties under Hollywood, Ameristar, L'Auberge, and other brands. Sets strategy, capital allocation, and the PENN Play loyalty backbone for the subject property.
• Hollywood Casino Columbus: PENN Entertainment's flagship Ohio casino in Columbus with VLTs, table games, and sportsbook. Sibling property under the same corporate parent and PENN Play loyalty ecosystem, but a casino without live racing.

Direct peers

• MGM Northfield Park: Ohio racino (racetrack + VLT/slots) near Cleveland operated by MGM Resorts. Directly comparable to Mahoning Valley as a regional Ohio racino with harness racing and a large VLT floor competing for the same Northeast Ohio wallet.
• Belterra Park: Cincinnati-area racino with VLT gaming and live thoroughbred/harness racing. Comparable property in scale and product mix, competing in the broader Ohio regional market.
• Hard Rock Casino Cincinnati: Cincinnati casino with slots, table games, and sportsbook. Comparable Ohio regional gaming competitor without racing, drawing from the southern end of the same Ohio gaming market.
• JACK Cleveland Casino: Downtown Cleveland casino with slots, table games, and sportsbook. Comparable regional Ohio gaming competitor without the live racing component, competing for Northeast Ohio gaming share.
• Thistledown Racino: Cleveland-area Ohio racino with summer thoroughbred racing and VLT gaming. Direct competitor whose racing schedule complements (rather than overlaps with) Mahoning Valley's winter meet.
• Scioto Downs Casino & Racetrack: PENN Entertainment-owned racino in Columbus, Ohio with VLT gaming and harness racing. Direct portfolio peer under the same parent brand and loyalty program, with overlapping PENN Play economics.

Regional players

• Presque Isle Downs & Casino: Pennsylvania racino (Erie) with VLT-style gaming and live thoroughbred racing. Comparable racino product and operating model, though serving a different geographic market.
• Wheeling Island Hotel-Casino-Racetrack: West Virginia racino with greyhound racing, slots, and table games. Similar racetrack-plus-VLT operating model, located in a neighboring state to Ohio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hollywood-gaming-mahoning-valley-race-course

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hollywood Gaming Mahoning Valley Race Course