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Greenwood Racing names new CEO

Greenwood Racing Inc., the owner of Parx, the state's top-grossing casino, announced today that Leonard DeAngelo has been named chief executive officer and president as of Monday.

Greenwood Racing Inc., the owner of Parx, the state's top-grossing casino, announced today that Leonard DeAngelo has been named chief executive officer and president as of Monday.

Bill Hogwood, Greenwood Racing's former CEO, has been appointed deputy chairman of the company and will assist DeAngelo as he moves into his new role, according to the company. Hogwood will continue to play an active part in Greenwood Racing's affairs, particularly in the further construction and development of its racing and gaming facilities.

"I am delighted to welcome Len DeAngelo as our new CEO and president," Hogwood said today in a statement. "The addition of Len to our team gives us great confidence in the company's current operations and our potential for future growth."

DeAngelo most recently was senior vice president of Asian operations for Las Vegas Sands Macau. Before that, he was the executive vice president of operations for Penn National Gaming Inc. of Wyomissing, and president of both the Hilton Casino Beach Resort and the Sands Hotel and Casino in Atlantic City.

He joins Greenwood Racing as Parx embarks on a multiphase expansion to maintain its market dominance, and on the eve of its debut of table games, beginning July 18.