The odds have proven to be too long against Penn National Gaming Inc.’s gamble on the Johnstown region.

The Wyomissing, Berks County, company confirmed Wednesday that on June 20 it will be closing its location at the University Park Shopping Center along Scalp Avenue in Richland Township. An off-track wagering site for 15 years, the facility has been under the ownership of Penn National for the past nine.

“We have long been suffering from declining business despite all of our efforts to keep it afloat,” said Alan Flynn, facilities manager at the Richland Township site.

Since buying the property from Ladbrokes in 1998, Penn National has converted the establishment from one mostly focused on wagering into a multi-entertainment complex.

Penn National encompasses three divisions: The Pony Lounge, which offers live entertainment and is focused more on a younger crowd; Longshots Bar, which is a more-traditional off-track wagering center; and Peter D’s restaurant.

The company said it will work with its 35 employees to place them in jobs at other Penn National sites or locally. Flynn said all eligible employees will receive a severance package and an extension of benefits.

“We’re very sad for our employees, many of whom dedicated many years to this facility,” Flynn said. “We would also like to express our regret and heartfelt thanks to all of our loyal patrons who supported us over the years.”

Penn National has five other off-track wagering locations.

The Richland site is its only presence in western Pennsylvania.

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