Other News

Penn National Expects Argosy Sale Completed Soon
19 Oct 2005

Penn National Gaming, Inc. expects to complete the previously announced sale of Argosy Casino-Baton Rouge to a subsidiary of Columbia Sussex Corporation on October 24, 2005.

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Gaming Seen to Suffer After Storms
14 Oct 2005

Gaming company third-quarter earnings are being pounded by the devastation of hurricanes Katrina and Rita, although the effect is likely to wash out in the long run, analysts said Thursday.

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Penn National Names GM for Proposed Casino
5 Oct 2005

Penn National Gaming, Inc. reports that John "Gary" Luderitz has been named General Manager of Penn's proposed Hollywood Casino at Penn National Race Course in Grantville, Pennsylvania, near Harrisburg.

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Penn National Completes Acquisition of Argosy Gaming
3 Oct 2005

Penn National acquired six Argosy casino entertainment facilities, although the Company has agreed to divest three of those properties to expedite the receipt of the regulatory approvals required to complete the merger.

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Penn National Acquisition of Argosy Approved
30 Sep 2005

Penn National Gaming, Inc. reports that the Illinois Gaming Board voted today to approve Penn National's proposed acquisition of Argosy Gaming Company.

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Penn National Extends Tender Offers
28 Sep 2005

Penn National Gaming’s subsidiary Thoroughbred Acquisition Corp has extended the expiration date of tender offers dated July 21, 2005, to 12:00 midnight, New York City time, on September 30, 2005.

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Penn National Proposes Divesting Both Illinois Argosy Properties
27 Sep 2005

Penn National Gaming reports at ameeting of the Illinois Gaming Board that it will divest both of Argosy Gaming Company's Illinois properties to secure the IGB's approval to proceed with the planned acquisition of Argosy by Penn.

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Penn National Recalculates Notes
15 Sep 2005

Penn National Gaming, Inc. has recalculated pricing terms of the previously announced cash tender offers commenced by its wholly owned subsidiary Thoroughbred Acquisition Corp.

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Penn National Proposed Acquisition of Argosy Updated
7 Sep 2005

Penn National Gaming has been advised by the Illinois Gaming Board that its proposed acquisition of Argosy Gaming Company was listed as a placeholder on the IGB agenda for today's meeting.

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Penn National Mississippi Casinos Remain Closed
1 Sep 2005

Penn National reports that the company’s Casino Magic - Bay St. Louis, in Bay St. Louis, Mississippi and the Boomtown Biloxi casino in Biloxi, Mississippi remain closed, and the company is currently unable to provide an estimate on re-opening dates for these properties.

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Penn National Extends Tender Offer
1 Sep 2005

Penn National Gaming’s subsidiary Thoroughbred Acquisition Corp. has extended the expiration date of its tender offers to September 15, 2005.

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Penn National Acquisition Vote on Argosy Gaming Postponed
26 Aug 2005

Penn National Gaming, Inc. reports that the Illinois Gaming Board postponed its August 25, 2005 scheduled vote on Penn National's proposed acquisition of Argosy Gaming Company.

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Penn National Gaming Among Fastest Growing Companies
25 Aug 2005

News Brief: Penn National Gaming, the owner of Hollywood Casino in Tunica, has been named one of the country's fastest-growing companies by Fortune magazine for the fifth year in a row.

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Penn National Gaming Named to Fortune's List
24 Aug 2005

Penn National Gaming, Inc. has been named again as one of the country's fastest-growing companies by Fortune magazine in its September 5, 2005 issue.

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Penn National Gaming Secures Operators License in Maine
22 Aug 2005

Penn National Gaming reports that the Maine Gambling Control Board unanimously approved a final license for its subsidiary, Bangor Historic Track, to operate slot machines in Bangor.

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