The casino was originally named Argosy Casino, and was operated by Argosy Gaming Company. In 2004, Argosy was acquired by Penn National Gaming (now Penn Entertainment).
In June 2009, Penn National unveiled a much larger riverboat with a passenger capacity of nearly 9,000 guests and 4,400 gaming positions. The new boat also marked the changeover from the Argosy name to Penn National's primary brand, Hollywood Casino. The new boat also features a rebranded World Poker Tourpoker room.[2][3]