The recent name change came with a $336 million casino make over that includes many more slots, table games and poker tables. Hollywood Casino is a riverboat casino owned by Penn National Gaming, Inc. Hollywood Casino Indiana is most famous for its World Poker Tour (WPT) events. It is the same establishment, under the same ownership, just with a new name. Hollywood Casino was reopened in June of 2009, replacing the famed Indiana Argosy Casino & Hotel.