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TheStreet Open House

Penn National Gaming Names Michael Galle General Manager Of Hollywood Gaming At Mahoning Valley Race Track

Penn National Gaming, Inc. (PENN: Nasdaq) (the “Company”) announced today that Michael Galle, 43, who has served as the Assistant General Manager of Hollywood Casino Toledo since June 2011, has been named General Manager of Hollywood Gaming at Mahoning Valley Race Track which is scheduled to open in the second half of 2014. Mr. Galle’s appointment, effective January 2014, is subject to customary regulatory approvals and he will report directly to Penn National Gaming Senior Vice President of Regional Operations, John Finamore.

In his new role as General Manager of Hollywood Gaming at Mahoning Valley Race Track, Mr. Galle will have full responsibility for the start-up, opening and management of the planned $136 million facility, including the recruitment and training of employees. Hollywood Gaming at Mahoning Valley Race Track, under construction at Austintown’s CentrePointe Business Park off State Route 46, just south of Interstate 80 and just west of Youngstown, will feature a video lottery terminal (VLT) facility with approximately 1,000 VLTs at opening, a state-of-the-art 1-mile thoroughbred racetrack, more than 1,000 enclosed, climate-controlled seats with racetrack views, a year-round simulcast wagering facility and additional food and beverage options.

Mr. Galle, a 21-year veteran of the gaming industry, has been with Penn National Gaming since February 1995, when he joined Argosy Sioux City Casino as Surveillance Director. At the property through August 2008, he served in a number of roles of increasing prominence including Slot Director, Director of Casino Operations and, ultimately, Assistant General Manager. He joined the team at Argosy Riverside in August 2008 as Vice President of Casino Operations and was ultimately named Assistant General Manager of Hollywood Casino Toledo in June 2011 where he serves today. Prior to joining Penn National Gaming, Mr. Galle worked at Silver Eagle Casino from November 1992 to February 1995 and at Dubuque Casino Belle from June 1992 to November 1992. He holds a B.A. in Business Administration from Briar Cliff University in Sioux City, Iowa.

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