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Penn National Gaming's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stocks in this article: PENN

Penn National Gaming (PENN)

Q1 2012 Earnings Call

April 19, 2012 10:00 am ET

Executives

Joseph Jaffoni -

Peter M. Carlino - Chairman of the Board and Chief Executive Officer

Timothy J. Wilmott - President and Chief Operating Officer

Eric Schippers - Senior Vice President of Public Affairs

William J. Clifford - Chief Financial Officer and Senior Vice President of Finance

Analysts

Felicia R. Hendrix - Barclays Capital, Research Division

Shaun C. Kelley - BofA Merrill Lynch, Research Division

Mark Strawn - Morgan Stanley, Research Division

Steven M. Wieczynski - Stifel, Nicolaus & Co., Inc., Research Division

Brian D. Egger - Topeka Capital Markets Inc., Research Division

Joel H. Simkins - Crédit Suisse AG, Research Division

Dennis I. Forst - KeyBanc Capital Markets Inc., Research Division

Larry Haverty

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Penn National Gaming First Quarter Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Joe Jaffoni, Investor Relations. Please go ahead.

Joseph Jaffoni

Thank you, Lindsay, and good morning, everyone. And thank you for joining Penn National Gaming's 2012 First Quarter Conference Call. I'm going to review the Safe Harbor language, after which, we'll get the management's presentation and comments and then your questions and answers.

In addition to historical facts or statements of current conditions, today's conference call contains forward-looking statements that involve risks and uncertainties within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the company's current expectations and beliefs but are not guarantees of future performance. As such, actual results may vary materially from expectations.

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