Hollywood Casino Toledo Opens, Bringing Premier Gaming, Dining And Entertainment To Northwest Ohio

At night, Scene transforms into a club-like atmosphere as the adjacent H Lounge features live music seven days a week including jazz trios, acoustic sets, and rock, blues and country bands playing on weekends.

Take 2 Grill is guests’ 24-hour dining option, providing 40 seats of grab-and-go service featuring specialty coffee drinks made with Cadillac coffee, plus homemade scones, sticky buns, pastries and more.

The Rodeo Drive Gift Shop is Hollywood’s retail outlet, selling a variety of Hollywood Casino-logoed merchandise as well as local souvenirs, sunglasses, jewelry and handbags.

Getting There

Hollywood Casino Toledo is conveniently located west of I-75 (exit 199, Miami Street) and just minutes from downtown Toledo. Upon arrival, guests have the option to valet park at the porte-cochere, or take advantage the casino parking garage with more than 2,450 complimentary parking spots.

For more information, visit www.hollywoodcasinotoledo.com.

About Penn National Gaming

Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities with a focus on slot machine entertainment. The company presently operates twenty-seven facilities in nineteen jurisdictions, including Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. In aggregate, Penn National's operated facilities currently feature approximately 31,700 gaming machines, approximately 725 table games, 2,400 hotel rooms and 1.35 million square feet of gaming floor space. Penn National is also developing a casino in Columbus, Ohio targeted to open in fall 2012.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may vary materially from expectations. Penn National Gaming describes certain of these risks and uncertainties in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2011. Meaningful factors that could cause actual results to differ from expectations include, but are not limited to, risks related to the following: our ability to successfully integrate the new facility into our existing business and to achieve the expected returns; our ability to receive, or delays in obtaining, the regulatory approvals required to own, develop and/or operate our facilities (which can result in lost revenue and forfeiture of deposits), or other delays or impediments to completing our planned projects, including favorable resolution of any related litigation; our ability to secure state and local permits and approvals necessary for construction; construction factors, including delays, unexpected remediation costs, local opposition and increased cost of labor and materials; the effects of local and national economic, credit, capital market, housing, and energy conditions on the economy in general and on the gaming and lodging industries in particular; and other factors as discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the SEC. The Company does not intend to update publicly any forward-looking statements except as required by law.

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