Penn National Gaming, Inc. announced today that one of its wholly-owned subsidiaries and the Jamul Indian Village have entered into definitive agreements to jointly develop a casino and resort on the Tribe’s trust land in San Diego County, California. The proposed casino resort facility will utilize Penn National’s “Hollywood” brand and will be located 20 miles east of downtown San Diego on Route 94. This project is the latest example of Brownstein Hyatt Farber Schreck’s successful negotiation on behalf of a preeminent gaming company. The firm’s team is led by shareholder Jennifer Carleton, with support from shareholders Michelle Pickett and Albert Kovacs (corporate) and senior associate Andrew Moore (gaming).
The proposed $360 million development will include a three-story gaming and entertainment facility of approximately 200,000 square feet featuring at least 1,700 slot machines, 50 live table games including poker, multiple restaurants, bars and lounges and a partially enclosed parking structure with over 1,900 spaces. The project will create an estimated 1,200 jobs during its construction and up to 1,500 permanent jobs in the Jamul and Dulzura areas. The new development will enable the Tribe to enhance its vision for revitalizing its six-acre reservation, become self-sufficient and share gaming revenue with local governments and charities. Construction could commence later this year with an expected completion period of approximately 24 months. Upon opening, Penn National will manage the casino and resort.
Brownstein's team drafted and assisted Penn National with the negotiation of all of the definitive agreements relating to the project, including pre-development and development documents, loan commitments, and management agreements, and gave crucial input and guidance regarding gaming licensure requirements and governmental approvals required under tribal laws. The project documents have been submitted to the National Indian Gaming Commission for final review and approval.