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Penn National Gaming Names General Manager For Hollywood Casino Tunica And Announces New Leadership Structure For Gulf Coast Properties

Penn National Gaming, Inc. (PENN: Nasdaq) (the “Company” or “Penn National Gaming”) announced today several leadership changes at its three Mississippi properties. Effective March 2014, Steve Lambert, acting General Manager of Hollywood Casino Perryville (now owned and operated by Gaming & Leisure Properties, Inc.) since July 2013, has been named General Manager of Hollywood Casino Tunica. In addition, under a change in leadership structure for the Company’s properties in the Gulf Coast region, Chett Harrison, General Manager of Hollywood Casino Bay St. Louis since May 2010, will add the role of General Manager of Boomtown Casino Biloxi effective April 2014, replacing the retiring Kees Eder. Both appointments are subject to customary regulatory approvals.

Mr. Lambert, a 33-year veteran of the gaming industry, has been with Penn National Gaming since June 2005 when he joined the Company as Assistant General Manager of Hollywood Slots Hotel & Raceway in Bangor during the property’s successful start-up phase. In August 2011, he became Vice President of Operations at Bullwhackers Casino and served in that role until the property’s sale in July 2013. Most recently, he served as acting General Manager of Hollywood Casino Perryville. Prior to joining Penn National Gaming, Mr. Lambert served as Senior Vice President of Operations at Casino Nova Scotia from May 1995 to June 2005 and in a variety of key operational leadership roles for both Sands and Bally’s Park Place in Atlantic City as well as at the Aruba Concord Casino in Aruba. He holds an A.A.S. in General Technology.

Mr. Harrison joined the Company in January 2001 as Director of Marketing at Boomtown Biloxi and was first promoted to Assistant General Manager in August 2006 before being named General Manager in January 2007. He was named General Manager of Hollywood Casino Bay St. Louis in May 2010 where he has served since. Prior to joining Penn National Gaming, he spent over six years at the Copa Casino in Gulfport, MS, including 5 years as Senior Marketing Manager. During that time, he was also responsible for similar responsibilities at the affiliated Sands Regency Hotel and Casino in Reno, NV. Mr. Harrison also served for a year as Director of Marketing at the Palace Casino Resort and Hotel in Biloxi, MS. He holds a B.S. in advertising from the University of Southern Mississippi.

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