UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15 (d) of the

Securities Exchange Act of 1934

 

Date of Report – November 28, 2007

(Date of earliest event reported)

 

PENN NATIONAL GAMING, INC.

 (Exact name of registrant as specified in its charter)

 

Pennsylvania

 

0-24206

 

23-2234473

(State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of incorporation)

 

 

 

Identification

 

 

 

 

Number)

 

825 Berkshire Blvd., Suite 200, Wyomissing Professional Center, Wyomissing, PA 19610

 

(Address of principal executive offices)

 

(Zip Code)

 

Area Code (610) 373-2400

(Registrant’s telephone number)

 

Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 to Form 8-K):

 

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 8.01

 

Other Events.

 

On November 28, 2007, Penn National Gaming, Inc. announced that it will not proceed with its acquisition of Rosecroft Raceway, a harness racetrack located in Prince George's County, Maryland near Washington, D.C., and is terminating the asset purchase agreement in connection therewith. A copy of the press release announcing the termination of the Rosecroft Raceway acquisition is attached hereto as Exhibit 99.1.

 

Item 9.01

 

Financial Statements and Exhibits.

 

 

 

           (d)

 

Exhibits.

 

Exhibit No.

 

Description

 

 

 

     99.1

 

Press Release of Penn National Gaming, Inc., dated November 28, 2007.

 

2



 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Dated: November 29, 2007

PENN NATIONAL GAMING, INC.

 

 

 

 

 

By:

  /s/Robert S. Ippolito

 

 

 

Robert S. Ippolito

 

 

Vice President, Secretary and Treasurer

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

   99.1

 

Press Release of Penn National Gaming, Inc., dated November 28, 2007.

 

4