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Hollywood Park is a diversified gaming company that owns and/or operates eight casinos (four with hotels) and two card casinos at twelve locations in Nevada, Mississippi, Louisiana, California, Arizona, and Argentina, and two pari-mutuel horse racing facilities, one of which is the subject of a pending sale transaction. The Company has also been approved to receive a license to conduct riverboat gaming on the Ohio River in Indiana and has begun development of a hotel/casino and golf resort at a site in Switzerland County, Ind., 35 miles southwest of Cincinnati, Ohio. In addition to the Company's operating properties, Hollywood Park has significant excess land available for future sale or development at four of its properties.