Peninsula Pacific Entertainment to become owner of Hard Rock Hotel & Casino Sioux City - KTIV
Friday 13th December 2019
SIOUX CITY (KTIV) - The Hard Rock Hotel & Casino Sioux City will see a change in ownership.
Peninsula Pacific Entertainment has announced an agreement with Warner Gaming to purchase 100 percent ownership of Hard Rock Hotel & Casino Sioux City, this according to a release from the company. Peninsula Pacific Entertainment currently owns 50 percent of the Sioux City location.
"Hard Rock Hotel & Casino Sioux City is a highly successful property that offers the best dining, gaming and entertainment experience in the region," said M. Brent Stevens, Chairman and Managing Partner of Peninsula Pacific Entertainment. "We have a long history with Hard Rock, and in Iowa communities, and we are excited to continue to grow our community engagement and investment in Sioux City."
Officials say no changes are expected to the day-to-day operations of the hotel and casino. Officials say all employees will continue with the organization.
"We have enjoyed the opportunity to be a part of Hard Rock Hotel & Casino Sioux City over the last six years," said Bill Warner, Chief Executive Officer of Warner Gaming. "Moving forward, the property is in great hands with Peninsula Pacific Entertainment, and I look forward to seeing it continue to grow and thrive."
When the agreement is finalized, Hard Rock Hotel & Casino Sioux City will operate under the Peninsula Pacific Entertainment umbrella.