Penn National Gaming Secures Approvals from Four Regulatory Agencies of the Steps Necessary to Implement the Planned Separation of Its Operating Assets from Real Property Assets

Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National Gaming” or the “Company”) announced today that it has secured approvals from four additional regulatory agencies of the steps necessary to implement the previously announced planned separation of its operating assets and real property assets. The Iowa Racing and Gaming Commission, Louisiana