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Penn National Gaming’s Chief Financial Officer, David Williams, Announces Decision to Step Down

Penn National Gaming | January 4, 2021

20-Year Veteran Gaming Industry Analyst, Felicia Hendrix, Named New Executive Vice President and Chief Financial Officer WYOMISSING, Pa.--January 4, 2021--Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that David (“Dave”) Williams, has stepped down as Executive Vice President and Chief Financial Officer (“CFO”) as of December 31, 2020. Taking his place, subject to customary regulatory approvals, will be Felicia Hendrix, who will be joining Penn National as Executive Vice President and CFO on March 2nd following more than 20 years as an equity research analyst covering the gamin...

Penn National Gaming’s Chief Financial Officer, William J. Fair, Announces Plans to Step Down

Penn National Gaming | September 27, 2019

WYOMISSING, Pa.--September 27, 2019 --Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that William J. (“BJ”) Fair, will be stepping down as Executive Vice President and Chief Financial Officer (“CFO”) at the conclusion of his current employment contract term, which expires March 31, 2020. Mr. Fair, who has served in his current role as CFO since 2017, joined Penn National in 2014 as Senior Vice President and Chief Development Officer. Mr. Fair has agreed to stay with the Company through the end of the first quarter 2020, which will allow time for the Company to conduct a formal s...

Penn National Gaming to Close Resorts Casino Tunica

Penn National Gaming | April 17, 2019

TUNICA, Miss. -- Penn National Gaming, Inc. ("Penn National" or the "Company"), today announced plans to close the Resorts Casino in Tunica, Mississippi effective June 30, 2019, subject to regulatory approvals. Penn National acquired the operations of Resorts Casino Tunica, along with Bally's Casino Tunica (subsequently renamed "1st Jackpot"), in March 2017. Penn National leases the underlying real property associated with the two casinos from Gaming and Leisure Properties, Inc. (GLPI: NASDAQ) ("GLPI") pursuant to the terms of the Company's existing Master Lease with GLPI. In addition, Penn National operates Hollywood Casino Tunica, loc...

Penn National Obtains Final Approval for $360M Tropicana Las Vegas Casino Hotel Resort Transaction

Penn National Gaming | August 21, 2015

WYOMISSING, Pa.--August 21, 2015--Penn National Gaming, Inc. (PENN: Nasdaq) ("the Company," or "Penn National") announced that it received approval today from the Nevada Gaming Commission ("NGC") to complete the Company's planned $360 million acquisition of Tropicana Las Vegas. The NGC's approval represents the final step in the regulatory process to finance and acquire the property following earlier approvals in several other jurisdictions where the Company operates. Penn National plans to complete the purchase of Tropicana Las Vegas on August 25, 2015. "The addition of Tropicana Las Vegas to our national portfolio of gaming assets is ...

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