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Penn National Promotes Ameet Patel To Senior Vice President Of Regional Operations

Stocks in this article: PENN

Penn National Gaming, Inc. (PENN:Nasdaq) (“the Company” or “Penn National”) announced today that Ameet Patel has been promoted to Senior Vice President of Regional Operations. Currently serving as General Manager of Hollywood Casino Columbus in Columbus, Ohio, Mr. Patel will join Chief Operating Officer Jay Snowden and Senior Vice President of Regional Operations John Finamore in overseeing all facets of Penn National’s regional gaming operations with a primary focus on the Company’s Southern Plains region. The appointment is subject to customary regulatory approvals and Mr. Patel will report directly to Mr. Snowden. The Company plans to begin an immediate search for Mr. Patel’s replacement in Columbus.

Mr. Patel has served since August 2011 as General Manager of Hollywood Casino Columbus where he successfully opened the new facility in 2012 and developed deep relationships with the state, city, local community and regulators, which paved the way for long-term success in the market and helped the Company win numerous awards for community engagement. Prior to his role at Hollywood Casino Columbus, he served as General Manager of Argosy Casino Hotel & Spa in Riverside, Missouri from October 2008 to August 2011. In addition, he served for four years as Assistant General Manager at Hollywood Casino at Charles Town Races in Charles Town, West Virginia, and joined the Company as Vice President of Gaming at Charles Town in 2001. Prior to joining Penn National, Mr. Patel held senior management positions with Sun International and Mohegan Sun in Connecticut. He also held senior management positions at several Atlantic City properties, including Resorts Casino Hotel and Trump Plaza Hotel & Casino. Mr. Patel holds a MBA in Finance from Philadelphia University.

“Ameet’s proven experience in regional markets will be a valuable addition to our corporate leadership team as we continue our efforts to drive further growth at Penn National and build value for shareholders,” said Jay Snowden. “Having worked closely with Ameet over the past several years, I am confident that he will play a key role in our future growth and success. He has demonstrated a unique ability to build deep relationships in our local communities and drive significant improvements in local engagement, providing a valuable model for our other General Managers across the Penn National portfolio. In addition, we believe that Ameet’s appointment is a clear demonstration of the depth in leadership talent that the Company has been able to attract and develop. On behalf of the entire Penn National team, I congratulate Ameet on his new role and welcome him to the regional leadership team.”

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