The company was incorporated and renamed in 1981 as Hollywood Park Realty Enterprises. The original shareholders included Hollywood figures such as Walt Disney, Mervyn LeRoy and Bing Crosby. Warner opened the Hollywood Park Turf Club racetrack in Inglewood, California. Pinnacle Entertainment traced its roots to June 10, 1938, when movie mogul Jack L.
At the time of acquisition, it operated sixteen casino properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Pennsylvania, and Ohio, and a horse track in Texas. It was acquired by Penn National Gaming in 2018. was an American gambling and hospitality company.