The original casino owners were the Hollywood Park Operating Co., which also owned the race track. Afterwards the casino went through a series of owners including Churchill Downs. In 1994, a casino called the Hollywood Park Casino, with a pokercard room, was added to the Hollywood Park Racetrack complex. The racetrack was sold and shut down in December 2013 though the casino operations continued while the current casino building opened in October 2016. The casino is part of the Hollywood park site which is currently undergoing major redevelopment that will include multiple housing, business parks, luxury hotels, a movie theatre, an open-air shopping center and the new SoFi Stadium, which will be home to the Los Angeles Rams and Los Angeles Chargers of the National Football League. It is the first building of the complex that has been constructed and opened.
The current owners are Stockbridge Capital Group, a San Francisco-based land developer which purchased the casino and then the racetrack in 2005 for nearly $260 million. Stockbridge, in addition to owning the casino, is also the land developer for the former racetrack site and a joint partner in the under constructionNFL stadium. It is planned that the new casino, entertainment complex and the upcoming NFL stadium will improve the finances of the casino, which had been on a downturn since the Los Angeles Kings and Los Angeles Lakers left The Forum in May 1999.
New Casino building
The Hollywood Park Casino contains 125 tables for both Poker and California Games including chandelier lighting and big-screen HD televisions on the walls. There was even a new sports bar called Century Bar & Grill. There are separate rooms for high-stakes players and celebrity poker tournaments. It also features high scale sit-down restaurant and sports bar. Like its predecessor, only card games are allowed in the casino.
Off-track betting
Located in the casino is the Hollywood Park OTB which continues from the former track. It features races from all over North America and Australia on big screens.