Jay Snowden, Chief Operating Officer of Penn National Gaming, commented, “Steve’s 33 years of experience at properties in regional gaming markets of varying size, from Black Hawk and Bangor to Perryville and Atlantic City, makes him the ideal candidate to lead our team in Tunica. We believe his demonstrated ability to deliver strong operational results in competitive markets will serve us well. We look for Steve to build on the success of the current operations team and deliver outstanding entertainment and service to our gaming and lodging patrons at the property. In addition, we expect Steve will further our local and regional relationships and standing in the community.“Our new leadership structure on the Gulf Coast unites the nearby Boomtown Biloxi and Hollywood Casino Bay St. Louis properties under the leadership of Chett Harrison, who possesses significant local market experience including nine years of prior management experience at Boomtown Biloxi. We believe that Chett will successfully leverage the ongoing marketing efforts of both properties and enable Penn National Gaming to take advantage of a host of other opportunities in the local community. Chett’s prior experience with managing marketing activities across multiple properties and his deep experience with the Biloxi and Bay St. Louis communities will serve him well as he assumes this additional responsibility and spearheads the evolution of Penn National Gaming’s presence on the Gulf Coast.” Mr. Snowden added, “On behalf of the entire Penn National Gaming team, I would like to extend our thanks and best wishes to Kees Eder as he retires after 13 years with the Company and over 40 years in the gaming and hospitality industries. Kees was an instrumental member of the Penn National Gaming management team as he helped establish Argosy Casino Sioux City as the leading entertainment option in that market and built Boomtown Casino Biloxi into the Gulf destination it is today. We thank Kees for his years of service at Penn National Gaming and wish him the best as he enjoys his well-deserved retirement.”
About Penn National GamingPenn National Gaming, through its subsidiaries, owns, operates or has ownership interests in gaming and racing facilities with a focus on slot machine entertainment. The Company presently operates twenty-six facilities in seventeen jurisdictions, including Florida, Illinois, Indiana, Iowa, Kansas, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. In aggregate, Penn National's operated facilities feature approximately 31,000 gaming machines, 800 table games and 2,900 hotel rooms. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identified by the use of forward looking terminology such as “expects,” “believes,” “estimates,” “expects,” “intends,” “may,” “will,” “should” or “anticipates” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward looking statements are inherently subject to risks, uncertainties and assumptions about Penn National Gaming and its subsidiaries, and accordingly, any forward looking statements are qualified in their entirety by reference to the factors described in Penn’s Annual Report on Form 10-K for the year ended December 31, 2012, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission. All subsequent written and oral forward looking statements attributable to Penn National Gaming or persons acting on the Company’s behalf are expressly qualified in their entirety by the cautionary statements included in this press release. Penn National Gaming undertakes no obligation to publicly update or revise any forward looking statements contained or incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward looking events discussed in this press release may not occur.